Latest news with #Iraqi-British
Straits Times
5 days ago
- Business
- Straits Times
Egyptian tycoon wins bid to throw out UK lawsuit over singer's murder
LONDON - Egyptian real estate tycoon Hisham Talaat Moustafa on Friday won his bid to throw out a London lawsuit brought against him by a former kickboxing world champion for ordering the murder of a Lebanese pop star in 2008. Talaat Moustafa, CEO of Talaat Moustafa Group, was convicted in Egypt of paying a former police officer to stab Suzanne Tamim, 30, to death at her luxury apartment in Dubai. He was initially sentenced to death in 2009, before his conviction was overturned on appeal. Following two retrials, Talaat Moustafa was convicted again and jailed for 15 years. He was pardoned by Egyptian President Abdel Fattah al-Sisi in 2017. Tamim, who rose to fame after winning a television talent show in the 1990s, had been in a relationship with Iraqi-British kickboxer Riyadh Al-Azzawi before she was killed. Al-Azzawi sued Talaat Moustafa at London's High Court in 2022, seeking damages for the psychological and emotional damage he said he suffered as a result of Tamim's murder. Talaat Moustafa sought to have the case thrown out, arguing Al-Azzawi's lawyers did not provide all relevant evidence when they were given permission to bring the case and that it should be heard in Dubai, rather than London. In a ruling dismissing the case on Friday, Judge Christopher Butcher said Al-Azzawi did not disclose relevant information about whether the lawsuit was brought too late when he sought permission to serve the case on Talaat Moustafa in Egypt. Top stories Swipe. Select. Stay informed. Singapore 30% of aviation jobs could be redesigned due to AI, automation; $200m fund to support workers: CAAS Singapore HSA looking to get anti-vape cyber surveillance tool with AI capabilities Singapore Alleged Kpod peddler filmed trying to flee raid in Bishan charged with 6 offences Singapore NTU upholds zero grade for student who used AI in essay; panel found 14 false citations or data Singapore Former NUH male nurse faces charges after he allegedly molested man at hospital Singapore Character counts as much as grades, Desmond Lee tells students Life Kinokuniya opens third bookstore at Raffles City, weeks ahead of schedule Business DBS shares rally to a new record as STI clocks yet another high The judge also said that "the courts of Dubai are clearly and distinctly more appropriate" if the case were to proceed. Talaat Moustafa's English lawyers did not immediately comment. Al-Azzawi's lawyers could not be contacted for comment. REUTERS
Ya Libnan
04-07-2025
- Business
- Ya Libnan
US imposes fresh sanctions targeting Iran oil trade, Hezbollah
Al-Qard al-Hasan is considered one of the most prominent economic pillars of Hezbollah. It is managed outside the Lebanese economic banking system and is not subject to the Lebanese 'cash and credit' law. By Timothy Gardner and Brendan O'Brien Summary WASHINGTON-The U.S. imposed sanctions on Thursday against a network that smuggles Iranian oil disguised as Iraqi oil, and on a Hezbollah-controlled financial institution, the Treasury Department said. A network of companies run by Iraqi-British national Salim Ahmed Said has been buying and shipping billions of dollars worth of Iranian oil disguised as, or blended with, Iraqi oil since at least 2020, the department said. 'Treasury will continue to target Tehran's revenue sources and intensify economic pressure to disrupt the regime's access to the financial resources that fuel its destabilizing activities,' Treasury Secretary Scott Bessent said. The U.S. has imposed waves of sanctions on Iran's oil exports over its nuclear program and funding of militant groups across the Middle East. Reuters reported late last year that a fuel oil smuggling network that generates at least $1 billion a year for Iran and its proxies has flourished in Iraq since 2022. Thursday's sanctions came after the U.S. carried out strikes on June 22 on three Iranian nuclear sites, including its most deeply buried enrichment plant Fordow. The Pentagon said on Wednesday the strikes had degraded Iran's nuclear program by up to two years , despite a far more cautious initial assessment that had leaked to the public. The U.S. and Iran are expected to hold talks about its nuclear program next week in Oslo, Axios reported. Said's companies and vessels blend Iranian oil with Iraqi oil, which is then sold to Western buyers via Iraq or the United Arab Emirates as purely Iraqi oil using forged documentation to avoid sanctions, Treasury said. Said controls UAE-based company VS Tankers though he avoids formal association with it, Treasury said. Formerly known as Al-Iraqia Shipping Services & Oil Trading (AISSOT), VS Tankers has smuggled oil for the benefit of the Iranian government and the Islamic Revolutionary Guard Corps, which is designated by Washington as a terrorist organization, it said. The sanctions block U.S. assets of those designated and prevent Americans from doing business with them. VS Tankers did not immediately respond to a request for comment. Iran's mission in New York did not immediately respond to a request for comment. The U.S. also sanctioned several vessels that are accused of engaging in the covert delivery of Iranian oil, intensifying pressure on Iran's 'shadow fleet,' it said. The Treasury Department also issued sanctions against several senior officials and one entity associated with the Hezbollah-controlled financial institution Al-Qard Al-Hassan. (Reuters)
United News of India
04-07-2025
- Business
- United News of India
Trump boasts effectiveness of airstrikes on Iranian sites, says they pushed Tehran to talks
Washington, July 4 (UNI) US President Donald Trump, boasting the effectiveness of the US military's airstrikes on June 22 on Iranian nuclear sites said today that Washington's attacks on Iran had effectively ended the hostile rhetoric being peddled from Tehran, pushing the country towards talks. "We just did a really great job. And then, of course, you cap it off with the hit, the perfect hit in Iran, where they were talking awfully badly, you know, death to America, death to Israel. They were talking awfully badly," Trump said at a rally in Des Moines, Iowa, reports Iran International. "They're not talking badly anymore, to be honest with you. And we might even meet with them and see," he added. "They want to meet, they want to meet, and we'll see if we can do something. But they want to meet. I think they want to meet very badly." Earlier in the day, Trump told reporters at Joint Base Andrews that "Iran does want to speak. And I think they'd like to speak to me. And it's time that they do. "We're not looking to hurt them. We're looking to let them be a country again. They got beat up and, you know, they were they were both exhausted, frankly. But Iran really got beat up. And I think they want to meet. I mean, I know they want to meet. And if it's necessary, I'll do it." Trump made the remarks after his phone conversation with Russian President Vladimir Putin, where the two sides discussed Iran and Ukraine, though not much settlement has been made on that issue, Trump said later. Washington also intensified its economic attack on Iran, with the US Treasury imposing strong sanctions on Thursday against a network that it claimed smuggles Iranian oil disguised as Iraqi oil and, on a Hezbollah -controlled financial institution. The Treasury Department alleged that a network of companies run by Iraqi-British national Salim Ahmed Said, had been buying and shipping billions of dollars worth of Iranian oil disguised as, or blended with, Iraqi oil since at least 2020, the department said. They were the first round of sanctions imposed against Iran following the US and Israeli strikes against Iranian military and nuclear facilities, post the ongoing ceasefire. UNI ANV PRS
Express Tribune
04-07-2025
- Business
- Express Tribune
US imposes sanctions targeting Iran oil trade
The US imposed sanctions on Thursday against a network that smuggles Iranian oil disguised as Iraqi oil, and on a Hezbollah-controlled financial institution, the Treasury Department said. A network of companies run by Iraqi-British national Salim Ahmed Said has been buying and shipping billions of dollars worth of Iranian oil disguised as, or blended with, Iraqi oil since at least 2020, the department said. "Treasury will continue to target Tehran's revenue sources and intensify economic pressure to disrupt the regime's access to the financial resources that fuel its destabilizing activities," Treasury Secretary Scott Bessent said. The US has imposed waves of sanctions on Iran's oil exports over its nuclear program and funding of militant groups across the Middle East.
India Today
04-07-2025
- Business
- India Today
US slaps sanctions on Iran oil smuggling network fuelling Hezbollah and militants
The US Treasury Department on Thursday unveiled a fresh round of sanctions targeting a sophisticated oil smuggling operation and a Hezbollah-linked financial firm, intensifying efforts to choke off Iran's revenue streams that fuel "destabilising activities.""Treasury will continue to target Tehran's revenue sources and intensify economic pressure to disrupt the regime's access to the financial resources that fuel its destabilising activities," Treasury Secretary Scott Bessent said in a statement announcing the the heart of the crackdown is a network allegedly controlled by Iraqi-British national Salim Ahmed Said, which has been buying and shipping billions of dollars' worth of Iranian oil disguised as Iraqi since at least 2020. The Treasury said the group operated a chain of companies that moved crude oil across borders, sidestepping international sanctions. A separate set of sanctions also targeted a financial institution tied to Hezbollah, the Iran-backed militant group designated as a terrorist organisation by the oil exports have been under severe restrictions due to Iran's nuclear ambitions and its support for proxy groups across the Middle to a 2023 Reuters investigation, a fuel-oil smuggling network flourishing in Iraq since 2022 generates at least $1 billion a year for Iran and its proxies — funds the US now seeks to sanctions came after the US carried out strikes on June 22 on three Iranian nuclear sites including its most deeply buried enrichment plant, Fordow. The Pentagon said on Wednesday the strikes had degraded Iran's nuclear program by up to two years, despite a far more cautious initial assessment that had leaked to the US and Iran are expected to hold indirect talks in Oslo next week to discuss Iran's nuclear programme — though tensions over oil smuggling, sanctions, and recent military actions could overshadow the dialogue.- EndsWith inputs from ReutersMust Watch
