Nazanin Zaghari-Ratcliffe was a pawn in Iran's enrichment strategy


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March 17, 2022

Tehran's recent release of two British-Iranian nationals held on fabricated spying charges inevitably raises questions about the motives that lie behind the regime's decision to end their ordeal.

From the early days of the Iranian revolution in 1979, it has resorted to the ancient practice of hostage-taking as a means to achieve its political objectives. The 1979-81 crisis, when the Islamic Revolutionary Guard Corps held 52 American diplomats, comes to mind – as does the kidnapping of more than a hundred foreign nationals in Lebanon, on Tehran's orders, between 1982 and 1992.

The US diplomats were held to put pressure on Washington to stop providing sanctuary to Shah Mohammad Reza Pahlavi, the deposed Iranian ruler who fled into exile after the revolution, while the seizure of foreign nationals in Beirut was aimed at forcing the US and its allies to end their involvement in the Arab country's long-running civil war.

Now, with Wednesday's release of Nazanin Zaghari-Ratcliffe, a 43-year-old aid worker, and Anoosheh Ashoori, a retired engineer, much attention will be focused on the regime's motives for seizing them in the first place, and why it chose this week in particular to grant them their freedom.

Once London found a way to clear its debt with Tehran, Zaghari-Ratcliffe was allowed to fly home

The motivation to seize Mrs Zaghari-Ratcliffe in 2016 appears straightforward. Iran had been involved in a long-running dispute with the British government over an arms deal dating back to the Shah's rule in 1971. Years after agreeing to deliver 1,750 Chieftain tanks, London cancelled the contract once the Shah was deposed, but failed to return the advance amount of about £400 million ($524m) in today's money.

From the moment Mrs Zaghari-Ratcliffe was confined to Tehran's notorious Evin prison, where she spent significant periods being held in solitary confinement, her guards had made it clear to her that she was being held over the unpaid debt.

The negotiations that ultimately secured her release were, therefore, primarily focused on the debt repayment, an issue that was complicated by the necessity of the British authorities to not breach the numerous economic sanctions the West has imposed against Tehran. Once London found a way to transfer the funds to Tehran, using a Swiss bank as an intermediary, Mrs Zaghari-Ratcliffe was allowed to fly home to be reunited with her husband Richard and her seven-year-old daughter Gabriella.

Mr Ashoori's detention, by contrast, has always been less clear-cut after he was snatched off the street in Tehran in 2017 during a visit to see his mother. He spent the next five years behind bars after being convicted of spying for Israel. As in the case of Mrs Zaghari-Ratcliffe, the charges were fabricated and Mr Ashoori simply found his name added to the list of dual-national citizens that Iran has often held as pawns in its wider struggle with the West.

The release of both Britons suggests that Iran could also be deliberately trying to foster better relations with the West, as negotiations to revive the 2015 nuclear deal – also known as JCPOA – are reported to be entering a critical phase. Tehran's promise to improve the conditions of Morad Tahbaz, an Iranian American who holds British citizenship, provides another reason to believe that this could be the case.

Tahbaz, a 66-year-old businessman and wildlife conservationist, was arrested during a crackdown on environmental activists in 2018. Authorities accused Tahbaz and seven other conservationists – members of the Persian Wildlife Heritage Foundation – of collecting classified information about Iran's strategic areas under the pretext of carrying out environmental and scientific projects. His Canadian-Iranian colleague, Kavous Seyed-Emami, died a few weeks later in unexplained circumstances.

Iran has just announced it was releasing Tahbaz from prison "on furlough".

There are an estimated dozen or so dual nationals still being held by Tehran, and there is mounting speculation that their fate could be directly linked to the outcome of the nuclear talks taking place in Vienna between Iran on the one side and the five permanent members of the UN Security Council (plus Germany) on the other. On several occasions during these talks, Iranian as well as American officials have indicated that the issue of prisoner release was being discussed on the sidelines.

The 1979 US embassy siege in Tehran. AP Photo
The 1979 US embassy siege in Tehran. AP Photo

To judge by the warm pro-Iran sentiments that were expressed in the UK's House of Commons following the release of the two dual nationals this week, Tehran clearly believes such deals are to its benefit. Expectations are certainly rising that negotiations to revive the JCPOA could soon provide a breakthrough, not least because US President Joe Biden remains committed to restoring an agreement that was undermined by his predecessor Donald Trump's decision to withdraw America from it in 2018.

Since then, Iran has responded by resuming work on its uranium enrichment activities – to the extent that western intelligence experts now believe it has sufficient quantities of highly enriched uranium for four nuclear warheads.

With the global security threat posed by Tehran's nuclear programme increasing by the day, western negotiators are keen to finalise a deal quickly. Indications that the negotiations were making progress received a boost from Iranian Foreign Minister Hossein Amirabdollahian earlier this week, when he confirmed that only two issues remained outstanding for is government.

As with the West, Iran, too, is keen to conclude an agreement on its nuclear future, as it will result in lifting punitive economic sanctions. Releasing foreign nationals just as the negotiations are reaching their final stages can be seen as a sign that the regime is keen to strike a deal.

SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
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BUNDESLIGA FIXTURES

Friday (UAE kick-off times)

Borussia Dortmund v Paderborn (11.30pm)

Saturday 

Bayer Leverkusen v SC Freiburg (6.30pm)

Werder Bremen v Schalke (6.30pm)

Union Berlin v Borussia Monchengladbach (6.30pm)

Eintracht Frankfurt v Wolfsburg (6.30pm)

Fortuna Dusseldof v  Bayern Munich (6.30pm)

RB Leipzig v Cologne (9.30pm)

Sunday

Augsburg v Hertha Berlin (6.30pm)

Hoffenheim v Mainz (9pm)

 

 

 

 

 

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

What is a Ponzi scheme?

A fraudulent investment operation where the scammer provides fake reports and generates returns for old investors through money paid by new investors, rather than through ligitimate business activities.

The Penguin

Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz

Creator: Lauren LeFranc

Rating: 4/5

if you go

The flights

Air Astana flies direct from Dubai to Almaty from Dh2,440 per person return, and to Astana (via Almaty) from Dh2,930 return, both including taxes. 

The hotels

Rooms at the Ritz-Carlton Almaty cost from Dh1,944 per night including taxes; and in Astana the new Ritz-Carlton Astana (www.marriott) costs from Dh1,325; alternatively, the new St Regis Astana costs from Dh1,458 per night including taxes. 

When to visit

March-May and September-November

Visas

Citizens of many countries, including the UAE do not need a visa to enter Kazakhstan for up to 30 days. Contact the nearest Kazakhstan embassy or consulate.

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((Disclaimer))

The Liechtensteinische Landesbank AG (“Bank”) assumes no liability or guarantee for the accuracy, balance, or completeness of the information in this publication. The content may change at any time due to given circumstances, and the Liechtensteinische Landesbank AG is under no obligation to update information once it has been published. This publication is intended for information purposes only and does not constitute an offer, a recommendation or an invitation by, or on behalf of, Liechtensteinische Landesbank (DIFC Branch), Liechtensteinische Landesbank AG, or any of its group affiliates to make any investments or obtain services. This publication has not been reviewed, disapproved or approved by the United Arab Emirates (“UAE”) Central Bank, Dubai Financial Services Authority (“DFSA”) or any other relevant licensing authorities in the UAE. It may not be relied upon by or distributed to retail clients. Liechtensteinische Landesbank (DIFC Branch) is regulated by the DFSA and this advertorial is intended for Professional Clients (as defined by the DFSA) who have sufficient financial experience and understanding of financial markets, products or transactions and any associated risks.

Why are asylum seekers being housed in hotels?

The number of asylum applications in the UK has reached a new record high, driven by those illegally entering the country in small boats crossing the English Channel.

A total of 111,084 people applied for asylum in the UK in the year to June 2025, the highest number for any 12-month period since current records began in 2001.

Asylum seekers and their families can be housed in temporary accommodation while their claim is assessed.

The Home Office provides the accommodation, meaning asylum seekers cannot choose where they live.

When there is not enough housing, the Home Office can move people to hotels or large sites like former military bases.

The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

About Karol Nawrocki

• Supports military aid for Ukraine, unlike other eurosceptic leaders, but he will oppose its membership in western alliances.

• A nationalist, his campaign slogan was Poland First. "Let's help others, but let's take care of our own citizens first," he said on social media in April.

• Cultivates tough-guy image, posting videos of himself at shooting ranges and in boxing rings.

• Met Donald Trump at the White House and received his backing.

FIXTURES

New Zealand v France, second Test
Saturday, 12.35pm (UAE)
Auckland, New Zealand

South Africa v Wales
Sunday, 12.40am (UAE), San Juan, Argentina

Abu Dhabi GP schedule

Friday: First practice - 1pm; Second practice - 5pm

Saturday: Final practice - 2pm; Qualifying - 5pm

Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm

MATCH INFO

Uefa Champions League quarter-final (first-leg score):

Juventus (1) v Ajax (1), Tuesday, 11pm UAE

Match will be shown on BeIN Sports

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.

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
Company%20profile
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AIDA%20RETURNS
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Results

6.30pm: Maiden (TB) Dh82,500 (Dirt) 1,200m; Winner: Major Cinnamon, Fernando Jara, Mujeeb Rahman

7.05pm: Maiden (TB) Dh82,500 (D) 1,900m; Winner: Al Mureib, Fernando Jara, Ahmad bin Harmash

7.40pm: Handicap (TB) Dh102,500 (D) 2,000m; Winner: Remorse, Tadhg O’Shea, Satish Seemar

8.15pm: Conditions (TB) Dh120,000 (D) 1,600m; Winner: Meshakel, Xavier Ziani, Salem bin Ghadayer

8.50pm: Handicap (TB) Dh95,000 (D) 1,600m; Winner: Desert Peace, William Buick, Charlie Appleby

9.25pm: Handicap (TB) Dh87,500 (D) 1,400m; Winner: Sharamm, Ryan Curatlo, Satish Seemar

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
Volvo ES90 Specs

Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)

Power: 333hp, 449hp, 680hp

Torque: 480Nm, 670Nm, 870Nm

On sale: Later in 2025 or early 2026, depending on region

Price: Exact regional pricing TBA

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

UAE currency: the story behind the money in your pockets
What the law says

Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.

“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.

“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”

If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.

Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

Tips to stay safe during hot weather
  • Stay hydrated: Drink plenty of fluids, especially water. Avoid alcohol and caffeine, which can increase dehydration.
  • Seek cool environments: Use air conditioning, fans, or visit community spaces with climate control.
  • Limit outdoor activities: Avoid strenuous activity during peak heat. If outside, seek shade and wear a wide-brimmed hat.
  • Dress appropriately: Wear lightweight, loose and light-coloured clothing to facilitate heat loss.
  • Check on vulnerable people: Regularly check in on elderly neighbours, young children and those with health conditions.
  • Home adaptations: Use blinds or curtains to block sunlight, avoid using ovens or stoves, and ventilate living spaces during cooler hours.
  • Recognise heat illness: Learn the signs of heat exhaustion and heat stroke (dizziness, confusion, rapid pulse, nausea), and seek medical attention if symptoms occur.
The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

Updated: March 17, 2022, 3:00 PM`