logo
US issues additional Iran-related sanctions, Treasury website shows

US issues additional Iran-related sanctions, Treasury website shows

Al Arabiya09-07-2025
The United States imposed additional sanctions related to Iran on Wednesday, the Treasury Department website showed, as it continues to target Tehran's nuclear program and its funding of militant groups.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US withdrawal from UNESCO not behavior of ‘responsible country': China
US withdrawal from UNESCO not behavior of ‘responsible country': China

Al Arabiya

time33 minutes ago

  • Al Arabiya

US withdrawal from UNESCO not behavior of ‘responsible country': China

China said it regretted on Wednesday the United States' decision to withdraw from the UN cultural and education agency UNESCO. 'This is not the action that a responsible major country should take,' foreign ministry spokesman Guo Jiakun said. 'China has always firmly supported the work of UNESCO,' he added. The United States said on Tuesday it would quit UNESCO, best known for establishing world heritage sites, claiming it was biased against Israel and promoted 'divisive' causes. US President Donald Trump also ordered the country's withdrawal from UNESCO in 2017 during his first term. President Joe Biden later reestablished membership. This latest withdrawal will take effect in December 2026. Since taking office, Trump has indicated he would pull the United States out of several multilateral institutions -- including the World Health Organization and the Paris climate agreement -- and has launched punishing trade tariffs against allies and foes alike. China, meanwhile, has sought to promote itself as a responsible major power by expressing support for the United Nations and other international bodies. 'This is already the third time that the US has withdrawn from UNESCO, and it has long been in arrears with its membership fees,' Guo told reporters Wednesday. 'We call on all countries to reaffirm their commitment to multilateralism and take concrete actions to support the international system with the UN at its core,' he said.

Final ruling overturns GAC fine against 2 Electrical Industries subsidiaries
Final ruling overturns GAC fine against 2 Electrical Industries subsidiaries

Argaam

timean hour ago

  • Argaam

Final ruling overturns GAC fine against 2 Electrical Industries subsidiaries

Electrical Industries Co. (EIC) said the Administrative Court of Appeal issued a final ruling on July 7, upholding the Administrative Court's decision to annul the Committee for Adjudication of Competition Law Violations' two rulings concerning the fines imposed on two of the company's subsidiaries. In a statement to Tadawul today, July 23, the company said it received the official court judgment from the Administrative Court of Appeal via its legal counsel on July 22. It also noted that the costs associated with this matter cannot be determined at this stage. EIC confirmed that the ruling is considered final. However, it remains subject to potential review by the Supreme Administrative Court if any party files an objection within the legally defined period, particularly on grounds of misapplication of the law or a violation of Shariah by the Court of Appeal. According to data available with Argaam, EIC received in July 2024 a decision from the Committee for Adjudication of Competition Law Violations, which includes imposing a penalty of SAR 26.1 million on two of its subsidiaries for potential violations of the Competition Law. The Administrative Court in Riyadh ruled to annul paragraphs five and six of the committee's decision in January 2025, which related to the fine. Subsequently, the General Authority for Competition (GAC) appealed the decision before the Administrative Court of Appeal.

Tehran to Continue Nuclear Enrichment as Trump Threatens US Could Again Strike Iran's Nuclear Sites
Tehran to Continue Nuclear Enrichment as Trump Threatens US Could Again Strike Iran's Nuclear Sites

Asharq Al-Awsat

time2 hours ago

  • Asharq Al-Awsat

Tehran to Continue Nuclear Enrichment as Trump Threatens US Could Again Strike Iran's Nuclear Sites

Iran has no plans to abandon its nuclear program, including uranium enrichment, despite 'severe' damage to its facilities after US strikes last month, Foreign Minister Abbas Araghchi said Monday. 'For now, enrichment is stopped because, yes, damages are serious and severe,' Araghchi said in an interview with Fox News' Bret Baier. 'But obviously we cannot give up enrichment because it is an achievement of our own scientists,' he added, calling it a source of 'national pride.' The FM stressed that any future nuclear deal would have to contain the right to enrichment. When asked whether any enriched uranium had been saved from the strikes, Araghchi said he had 'no detailed information,' but that Iran's Atomic Energy Organization is 'trying to evaluate what has exactly happened to our nuclear material, to our enriched material.' He also said Iran's Supreme Leader Ali Khamenei was in 'good health' and that Tehran was open to talks with Washington but that those will not be direct 'for the time being.' In response to Araghchi's comments, US President Donald Trump has warned that the United States could strike Iran's nuclear sites again 'if necessary.' Trump wrote on his Truth Social platform Monday, 'Iran's Foreign Minister, Abbas Araghchi, on the Iran Nuclear Sites: 'Damages are very severe, they are destroyed.' Of course they are, just like I said.' Meanwhile, Araghchi said Iran remains open to indirect talks with the Trump administration following the strikes on Natanz, Isfahan and Fordow, but cautioned that Iran will not give up nuclear enrichment in any potential deal. Prior to the war, Tehran and Washington held five rounds of nuclear talks mediated by Oman but could not agree on the extent to which Iran should be allowed to enrich uranium. Israel and Washington say Iran was close to enriching to levels that would allow it to quickly produce a nuclear weapon, while Tehran says its enrichment program is for civilian purposes only. Araghchi also confirmed that his country would continue to develop and manufacture missiles. Despite multiple barrages of missiles launched at Israel and waves of Israeli attacks on its bases and launchers, the FM said: 'We still have a good number of missiles to defend ourselves.' He also denied that Iran wants to wipe Israel 'off the map.' Moreover, Araghchi asserted that Tehran would continue to support Palestinian and other armed groups. 'We believe that these groups – Hamas, Hezbollah, and the Houthis – are fighting for a just cause.' Criticism The Iranian Revolutionary Guards-affiliated Fars News Agency criticized Araghchi's interview. The news agency said on Tuesday Araghchi's acknowledgment that the US strikes caused 'serious damage' to nuclear facilities and led to a halt in enrichment signaled weakness. Fars called the remarks exaggerated and warned that such statements could be viewed as a sign of excessive flexibility. It also said Araghchi should not have dismissed clerical fatwas issued in Iran calling for the killing of Trump. 'Araghchi should not have referred the fatwas to radical groups,' it wrote. Meanwhile, US Ambassador to NATO Matthew Whitaker told Fox News on Tuesday that Iran cannot have a nuclear weapon. 'I don't believe a single word that the Iranian foreign minister says,' Whitaker said. He continued: 'He's not a credible voice for peace. I think it is time for Iran to come to the table and negotiate with the United States of America on a path towards peace and prosperity for the Iranian people.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store