A mid-range Sejil missile in a military parade in Tehran to mark Iran’s National Army Day, on April 18, 2015. Abedin Taherkenareh / EPA
A mid-range Sejil missile in a military parade in Tehran to mark Iran’s National Army Day, on April 18, 2015. Abedin Taherkenareh / EPA

Iran to boost budget for military and missiles



Iranian MPs approved plans on Monday to expand military spending to five per cent of the budget, including developing the country’s long-range missile programme.

The vote is a boost to Iran’s military establishment – the regular army, the elite Islamic Revolutionary Guard Corps (IRGC) and defence ministry – which was allocated almost 2 per cent of the 2015-16 budget.

But it could put the Islamic Republic on a collision course with the incoming Trump administration, and fuel criticism from Arab and Western states which say Tehran’s recent ballistic missile tests are inconsistent with a UN resolution on Iran.

The resolution, adopted last year as part of the deal to curb Iran’s nuclear activities, calls on Iran to refrain from work on ballistic missiles designed to deliver nuclear weapons. Tehran says it has not carried out any work on missiles specifically designed to carry such payloads.

Tasnim news agency said 173 MPs voted in favour of an article in Iran’s five-year development plan that “requires government to increase Iran’s defence capabilities as a regional power and preserve the country’s national security and interests by allocating at least five per cent of annual budget” to military affairs.

Only 10 MPs voted against the plan, which includes developing long range missiles, armed drones and cyber-war capabilities.

The Obama administration says Iran’s ballistic missile tests have not violated the nuclear agreement with Tehran, but Mr Trump, who criticised the accord as “the worst deal ever negotiated”, has said he would stop Iran’s missile programme.

The increase in military spending is part of a growth plan for 2016-2021 first announced in July 2015 by the Supreme Leader Ayatollah Ali Khamenei.

Ayatollah Khamenei supported last year’s nuclear deal with world powers that curbed Iran’s nuclear programme in return for lifting of international sanctions. However, he has since called for Iran to avoid further rapprochement with the West, and maintain its military strength.

Iran has test-fired several ballistic missiles since the nuclear deal and the US Treasury has imposed new sanctions on entities and individuals linked to the programme.

Former UN secretary general Ban Ki-moon said last year that the missile launches were “not consistent with the constructive spirit” of the nuclear deal, but did not say whether they actually violated the U.N. resolution.

The United States, Britain, France and Germany wrote to Mr Ban in March about the missile tests, which they said were “inconsistent with” and “in defiance of” the council resolution.

Most UN sanctions on Iran were lifted after the deal but Iran is still subject to a five-year UN arms embargo – unless approved in advance by the UN Security Council.

* Reuters

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UAE squad

Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind

Fixtures

Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE

Copa del Rey

Semi-final, first leg

Barcelona 1 (Malcom 57')
Real Madrid (Vazquez 6')

Second leg, February 27

Call of Duty: Black Ops 6

Developer: Treyarch, Raven Software
Publisher:  Activision
Console: PlayStation 4 & 5, Windows, Xbox One & Series X/S
Rating: 3.5/5

The specs

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Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

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Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

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COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
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Director: Laila Abbas

Starring: Yasmine Al Massri, Clara Khoury, Kamel El Basha, Ashraf Barhoum

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The specs

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Power: 154bhp

Torque: 250Nm

Transmission: 7-speed automatic with 8-speed sports option 

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The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

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How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Results

6.30pm: The Madjani Stakes (PA) Group 3 Dh175,000 (Dirt) 1,900m

Winner: Aatebat Al Khalediah, Fernando Jara (jockey), Ali Rashid Al Raihe (trainer).

7.05pm: Maiden (TB) Dh165,000 (D) 1,400m

Winner: Down On Da Bayou, Royston Ffrench, Salem bin Ghadayer.

7.40pm: Maiden (TB) Dh165,000 (D) 1,600m

Winner: Dubai Avenue, Fernando Jara, Ali Rashid Al Raihe.

8.15pm: Handicap (TB) Dh190,000 (D) 1,200m

Winner: My Catch, Pat Dobbs, Doug Watson.

8.50pm: Dubai Creek Mile (TB) Listed Dh265,000 (D) 1,600m

Winner: Secret Ambition, Tadhg O’Shea, Satish Seemar.

9.25pm: Handicap (TB) Dh190,000 (D) 1,600m

Winner: Golden Goal, Pat Dobbs, Doug Watson.

Ahmed Raza

UAE cricket captain

Age: 31

Born: Sharjah

Role: Left-arm spinner

One-day internationals: 31 matches, 35 wickets, average 31.4, economy rate 3.95

T20 internationals: 41 matches, 29 wickets, average 30.3, economy rate 6.28

SPECS
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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
THE SPECS

Engine: six-litre W12 twin-turbo

Transmission: eight-speed dual clutch auto

Power: 626bhp

Torque: 900Nm

Price: Dh940,160 (plus VAT)

On sale: Q1 2020

Jigra
Director: Vasan Bala
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
Rated: 3.5/5
Tips for SMEs to cope
  • Adapt your business model. Make changes that are future-proof to the new normal
  • Make sure you have an online presence
  • Open communication with suppliers, especially if they are international. Look for local suppliers to avoid delivery delays
  • Open communication with customers to see how they are coping and be flexible about extending terms, etc
    Courtesy: Craig Moore, founder and CEO of Beehive, which provides term finance and working capital finance to SMEs. Only SMEs that have been trading for two years are eligible for funding from Beehive.
SPECS

Engine: Two-litre four-cylinder turbo
Power: 235hp
Torque: 350Nm
Transmission: Nine-speed automatic
Price: From Dh167,500 ($45,000)
On sale: Now

COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
Profile of Bitex UAE

Date of launch: November 2018

Founder: Monark Modi

Based: Business Bay, Dubai

Sector: Financial services

Size: Eight employees

Investors: Self-funded to date with $1m of personal savings

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)