Latest in Tag: iran Highlight

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Latest in Tag: iran


5 4 StandardChartered AFP P

Standard Chartered fined $340m over Iran deals

New York (AFP) – Standard Chartered has settled allegations that it helped Iranian clients dodge US sanctions, announcing a fine of $340 million from a New York banking watchdog. The “civil penalty” disclosed on Tuesday came amid allegations that the London-based bank hid 60,000 transactions with proscribed Iranian clients worth $250 billion over 10 years. …

Daily News Egypt

Iran casualty figures

The United Nations Office for the Coordination of Humanitarian Affairs sent the Daily News Egypt a completed situation report on the recent earthquakes in northern Iran.    The report raises the death toll to 306 and the injured to 2,600. It also adds that 50,000 Iranians are now living in tents as a result of the …

Daily News Egypt

Bahrain reinstates ambassador to Iran

Dubai (AFP) – Bahrain said Sunday it has reinstated its ambassador in Iran, more than a year after recalling the envoy over Tehran’s strong condemnation of Manama’s brutal crackdown on Shiite-led protests. “The ambassador of the kingdom to the Islamic Republic of Iran has returned to his work in Tehran,” announced Foreign Minister Sheikh Khaled …

Daily News Egypt

Tanzania probes Iran oil tanker reflagging reports

Dar Es Salaam (AFP) – Tanzania said Thursday it is investigating US accusations it reflagged Iranian oil tankers to help Tehran evade US and EU sanctions. “If we confirm that there are Iranian ships flying Tanzania’s flag, we are going to obliterate the registration,” Foreign Minister Bernard Membe told reporters. Both the European Union and …

Daily News Egypt

20120807 MB StandardBank AFP P

Standard Chartered hid huge Iran trade: NY

New York (AFP) — New York regulators accused Standard Chartered Bank of hiding $250 billion in transactions with Iranian banks for almost a decade in violation of US sanctions. Branding the London-based global financial giant a “rogue bank,” state regulators said Standard Chartered systematically disguised foreign exchange deals with Iran in a breach of controls …

Daily News Egypt