Iran and world powers are very close to an agreement on reviving their 2015 nuclear deal, which would curb Tehran's nuclear programme in exchange for lifting tough sanctions.
This is according to a statement issued by European Union's top diplomat Josep Borrell on Saturday.
The nuclear talks had been close to an agreement until Russia made last-minute demands of the United States, insisting that sanctions imposed on Moscow over its invasion of Ukraine should not affect its trade with Iran.
Borrell made the comments when addressing the Doha Forum international conference on Saturday.
Enrique Mora, the EU coordinator for the nuclear talks, said that he will travel to Tehran on Saturday to meet Iran's chief negotiator.
Iranian Foreign Minister Hossein Amirabdollahian said this week that a nuclear deal could be reached in the short term if the United States is pragmatic.
But U.S. officials have been more cautious in their assessment of efforts to revive the accord.
ADNOC Distribution has reported a net profit growing by 15.6 per cent year-on-year to $579 million in the first nine months, with an EBITDA increase of 12 per cent to $885 million, its strongest performance since listing in 2017.
TECOM Group has announced a 20 per cent revenue growth reaching more than AED 2.1 billion, with a net profit exceeding AED 1.1 billion, marking an 18 per cent year-on-year increase.
The Dubai Financial Market (DFM) has announced its consolidated financial results for the nine months ending September 30, reporting a net profit before tax of AED 930.8 million, an increase of 212 per cent compared to the same period in 2024.
DMCC — Dubai’s leading international business district — has announced plans to create a new Financial Centre that will anchor trade finance, fintech innovation and digital asset solutions across its 26,000-member community.
The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.15 per cent to 3.90 per cent, effective from Thursday, October 30.
The UAE has launched an urgent humanitarian mission to assist communities affected by Hurricane Melissa, which devastated parts of Jamaica, Haiti and Cuba.
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, looked at ways to advance cooperation with South Korea in key sectors during talks with President Lee Jae-myung in Gyeongju.