An agreement to revive the Iran nuclear deal is in sight, the EU's co-ordinator for the Vienna negotiations between Tehran and the US has said.
EU foreign policy chief Josep Borrell said he “strongly believes” an agreement is near after holding talks with Iran's Foreign Minister Hossein Amirabdollahian over the phone.
Mr Borrell wrote on Twitter “the moment has come to make an ultimate effort and reach a compromise".
Mr Amirabdollahian also discussed the nuclear talks with British Foreign Minister Liz Truss over the phone. According to a transcript of the call, the two also spoke about bilateral and regional issues.
Ms Truss told Mr Amirabdollahian that she hoped Britain could pay its debt to Iran in the near future and stressed the importance of a future relationship between the two countries.
The British foreign minister has been pessimistic about the pace of the Vienna negotiations and recently told the UK Parliament that all options would be on the table in dealing with Iran should a deal not come through soon.
While negotiations have been rocky due to concerns about the seriousness of all parties involved, there seems to be a light at the end of the tunnel, with US state department spokesman Ned Price telling reporters that the talks are in a “final decisive period".
“We are going to be a bit more circumspect in terms of the progress that we may be seeing on the ground in Vienna precisely because we are in the final stages of what is, by any measure, a complex negotiation with key stakeholders,” he said.
“The fact is that this is the final decisive period during which we will be in a position to determine whether a mutual return to compliance with the JCPOA [the Joint Comprehensive Plan of Action] remains a possibility.”
No end date has been given for the talks as of yet nor has a draft of a potential deal been released.
Yahya Al Ghassani's bio
Date of birth: April 18, 1998
Playing position: Winger
Clubs: 2015-2017 – Al Ahli Dubai; March-June 2018 – Paris FC; August – Al Wahda
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The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
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Name: Lamsa
Founder: Badr Ward
Launched: 2014
Employees: 60
Based: Abu Dhabi
Sector: EdTech
Funding to date: $15 million
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Benefits of first-time home buyers' scheme
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- DLD registration fee can be paid through banks or credit cards at zero interest rates
Kareem Shaheen on Canada
THE SPECS
Engine: Four-cylinder 2.5-litre
Transmission: Seven-speed auto
Power: 165hp
Torque: 241Nm
Price: Dh99,900 to Dh134,000
On sale: now
Company profile
Name: Oulo.com
Founder: Kamal Nazha
Based: Dubai
Founded: 2020
Number of employees: 5
Sector: Technology
Funding: $450,000
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Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday.
Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow.
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A spokesman said her upset demeanour was due to a personal matter.
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Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
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Tailors and retailers miss out on back-to-school rush
Tailors and retailers across the city said it was an ominous start to what is usually a busy season for sales.
With many parents opting to continue home learning for their children, the usual rush to buy school uniforms was muted this year.
“So far we have taken about 70 to 80 orders for items like shirts and trousers,” said Vikram Attrai, manager at Stallion Bespoke Tailors in Dubai.
“Last year in the same period we had about 200 orders and lots of demand.
“We custom fit uniform pieces and use materials such as cotton, wool and cashmere.
“Depending on size, a white shirt with logo is priced at about Dh100 to Dh150 and shorts, trousers, skirts and dresses cost between Dh150 to Dh250 a piece.”
A spokesman for Threads, a uniform shop based in Times Square Centre Dubai, said customer footfall had slowed down dramatically over the past few months.
“Now parents have the option to keep children doing online learning they don’t need uniforms so it has quietened down.”
