Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Tasnim News Agency: Iran's Fordow nuclear facility was only partially damaged by US strikes
UK trade minister Reynolds: We were not involved in Iran attacks but we were informed
Senior Iranian source to Reuters: The number of personnel at the Fordow site had been reduced to a minimum
Senior Iranian source to Reuters: Most of the highly enriched uranium at Fordow was moved to an undisclosed location prior to US attack
Iran's IRGC: The most significant capabilities of the Armed Forces of the Islamic Republic of Iran in this sacred defense have not yet been deployed
Iran's IRGC: In this barrage of missiles, air raid sirens sounded after the missiles made impact, causing the enemy to lose its balance
Iran's IRGC: The deployed missiles are capable of maneuvering while falling and are guided until the moment of impact, and they are equipped with destructive and highly explosive warheads
Iran's IRGC: We have adopted new and surprising tactics to achieve more precise, destructive, and effective strikes
Iran's IRGC: In this operation, we deployed the third-generation multi-warhead ballistic missile Kheibar Shekan for the first time
Iran's IRGC: We launched the 20th wave of Operation True Promise 3 by firing 40 solid- and liquid-fueled missiles

Iran sealing deals with S. Arabia, UAE to open special economic zones

  • By Al Mayadeen English
  • Source: Agencies
  • 26 Jun 2023 13:35
  • 1 Shares
2 Min Read

Memorandums of understanding on the same matter have already been signed with Iraq, Syria and Oman.

  • x
  • North part of Tehran photographed from the top of Milad tower in a clean air. (Wikimedia Commons)
    The north part of Tehran was photographed from the top of Milad Tower in clean air (Wikimedia Commons)

The secretary of the Iranian Supreme Council of Free Trade-Industrial and Special Economic Zones, Hojatollah Abdolmaleki, told Sputnik on Monday that Tehran is currently working on the development of special economic zones with Saudi Arabia and the United Arab Emirates, noting that memorandums of understanding on the same have already been signed with Iraq, Syria, and Oman.

"We are developing cooperation in the field of special economic zones with various countries, especially with neighboring ones, including the Arab states. We have already signed a memorandum of understanding with Oman and Iraq. We have also signed a memorandum of understanding with Syria. Now we are negotiating with the UAE and Saudi Arabia on joint cooperation in free economic zones," Abdolmaleki said.  

Read more: Raisi: Resistance exposed 'Israel's' weak deterrence

Under the auspices of China, Iran, and Saudi Arabia agreed to restore diplomatic relations on March 10. The two countries had their ties severed in 2016 following Saudi Arabia's execution of Sheikh Nimr Baqir al-Nimr.

Related News

Gulf stock markets slip as war on Iran drags on

Iran says Israeli aggression destabilizing region in UAE call

The agreement to officially restore diplomatic ties was signed at a ceremony on April 6 in Beijing.

The two countries are scheduled to resume direct flights, allow mutual visits by top officials, and foster security collaboration. The collective West has been set back by the China-sponsored peace.

Its "rules-based" world order hangs by a thread, while the US' dollar supremacy wanes.

The blow was hard for Netanyahu, who just a month prior to the Iran-Saudi deal said that "Israel" and Saudi Arabia were planning to join forces on the basis of a common goal of stopping Iran.

While the US failed to fulfill its security commitments towards Saudi Arabia, the country decided to maneuver into a position backed by Chinese guarantees of security.

Read more: Iranian FM meets with Omani counterpart, Yemeni negotiator in Muscat

  • UAE
  • special economic zone
  • Saudi Arabia
  • Iran

Most Read

Iran launches 9th wave of Op. True Promise 3, destroys IOF air defense

Iran launches 9th wave of Op. True Promise 3, destroys IOF air defense

  • MENA
  • 17 Jun 2025
Rescue team work at the site where a missile launched from Iran struck Tel Aviv, Israel, Monday, June 16, 2025 (AP)

Wave 12 of Operation True Promise 3 launched, Sejjil deployed: IRGC

  • Politics
  • 18 Jun 2025
Iran launches missile barrage to Tel Aviv, casualties reported

True Promise 3, wave 14: Tel Aviv targeted, casualties reported

  • Politics
  • 19 Jun 2025
Iran's heavy barrages impact multiple Israeli targets overnight

Iran's heavy barrages impact multiple Israeli targets overnight

  • Palestine
  • 18 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Iran’s Bavar-373 air defense system on display during a military drill (Mehr News Agency)
Politics

Iran intercepts Israeli drones near Tehran, multiple cities

The Israeli Iron Dome air defense system fires to intercept missiles during an Iranian attack over Tel Aviv, Occupied Palestine, Sunday, June 15, 2025 (AP)
Politics

Iran warns aid to 'Israel' will be treated as aggression

US President Donald Trump arrives to board Air Force One at Joint Base Andrews, Friday, June 20, 2025, en route to Montclair, New Jersey (AP)
Politics

Trump, Erdogan made covert attempts to hold talks with Iran: Axios

Ansar Allah supporters surround a giant Iranian flag during an anti-US and anti-'Israel' weekly rally in Sanaa, Yemen, Friday, June 20, 2025 (AP)
Politics

US ships in Red Sea will be targeted if US attacks Iran: YAF

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS