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Trump moves to bar senior Iranian officials from US

President Donald Trump on Wednesday took steps to bar senior Iranian officials and their immediate family from entering the US as immigrants or non-immigrants, the White House said in a proclamation.
The proclamation repeated US accusations that Iran sponsors terrorism, arbitrarily detains American citizens, threatens its neighbors and carries out cyber attacks.
“Given that this behavior threatens peace and stability in the Middle East and beyond, I have determined that it is in the interest of the United States to take action to restrict and suspend the entry into the United States, as immigrants or non-immigrants, of senior government officials of Iran, and their immediate family members,” Trump said in the proclamation.
The US-Iranian confrontation has ratcheted up since last year, when Trump withdrew from Iran’s 2015 nuclear deal with major powers and reimposed sanctions that have crippled the Iranian economy. Trump wants to go beyond that deal to further curb Iran’s nuclear program, halt its ballistic missile work and end its support for proxy forces in the Middle East.
Iranian President Hassan Rouhani earlier said the US would have to “pay more” if it wanted a wider deal and rejected meeting with the US president for now. Both men were in New York for the annual United Nations General Assembly gathering of world leaders.
Trump has pursued a policy of “maximum pressure” against Iran to try to force Tehran to change its policies, and a senior US official said it would continue to “increase pressure on the Iranian regime ... until it abandons its outlaw behavior.”
“For years, the Iranian regime has attacked, criticized, and aggressively worked against the United States,” said the official. “Meanwhile, hypocritical regime leaders and their family members have been exploiting our freedom and prosperity.
“They come to America to go to our schools, seek jobs, enjoy our entertainment, and take in our culture,” said the official, who spoke on condition of anonymity, adding such “officials and their families don’t deserve the privilege and luxury of coming to the United States.”
Trump gave the authority to decide who would be covered by the proclamation to the secretary of state.
He also provided exceptions, saying that among others the proclamation would not apply to lawful US permanent residents, those granted asylum, or refugees already admitted to the US. He also provided possible exceptions for people whose entry “would further important ... law enforcement objectives.”
It was not clear if the proclamation would affect Iranian diplomats at the United Nations.
Under the 1947 UN “headquarters agreement”, the US is generally required to allow access to the United Nations for foreign diplomats. But Washington says it can deny visas for “security, terrorism, and foreign policy” reasons.
Reuters
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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