EU agrees to further Iran sanctions



LUXEMBOURG // European Union governments agreed to further sanctions against Iran's banking, shipping and industrial sectors yesterday.

The decision by EU foreign ministers reflected mounting concerns over Iran's nuclear intentions and Israeli threats to attack Iranian atomic installations if a mix of sanctions and diplomacy proves fruitless in ushering in a peaceful solution.

The EU foreign policy chief, Catherine Ashton, said she hoped that turning up the heat on the Iran would persuade it to make concessions.

"I absolutely do think there is room for negotiations," said Ms Ashton, who represents the United States, China, Russia, Britain, France and Germany in their on-and-off talks with Iran.

However, the German foreign minister, Guido Westerwelle, was more pessimistic.

"Iran is still playing for time," he said. Iran maintains that its nuclear project is for peaceful purposes only.

Separately, a leading European satellite provider took 19 Iranian television and radio broadcasters off the air yesterday as a result of EU sanctions aimed at punishing human-rights abusers. People in Iran still have access to most of the channels, operated by Iranian state broadcaster Irib, but they are no longer broadcast in Europe and elsewhere.

* With additional reporting by the Associated Press

THE SPECS

Engine: 4-cylinder 2.5-litre / 2-litre turbo
Power: 188hp / 248hp
Torque: 244Nm / 370Nm
Transmission: 7-speed auto
On sale: now
Price: From Dh110,000

COMPANY PROFILE

Company name: Almouneer
Started: 2017
Founders: Dr Noha Khater and Rania Kadry
Based: Egypt
Number of staff: 120
Investment: Bootstrapped, with support from Insead and Egyptian government, seed round of
$3.6 million led by Global Ventures

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat

COMPANY PROFILE

Company name: Sav
Started: 2021
Founder: Purvi Munot
Based: Dubai
Industry: FinTech
Funding: $750,000 as of March 2023
Investors: Angel investors

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

The specs: 2019 Mercedes-Benz GLE

Price, base / as tested Dh274,000 (estimate)

Engine 3.0-litre inline six-cylinder

Gearbox  Nine-speed automatic

Power 245hp @ 4,200rpm

Torque 500Nm @ 1,600rpm

Fuel economy, combined 6.4L / 100km

The specs

Engine: 6.5-litre V12 and three electric motors
Power: 1,015hp
Torque: 1,500Nm (estimate)
Transmission: Eight-speed dual-clutch auto
On sale: Early 2024
Price: From Dh2 million (estimate)

MATCH RESULT

Al Jazira 3 Persepolis 2
Jazira:
Mabkhout (52'), Romarinho (77'), Al Hammadi (90'+6)
Persepolis: Alipour (42'), Mensha (84')


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