UAE suspends Iranian airlines' flights until further notice

The United Arab Emirates' General Civil Aviation Authority said on Thursday that Iranian carriers can no longer operate flights into or out of the country, a suspension that will stay in place until a later notice is issued. The state news agency distributed the authority's statement. The move bars Iranian airlines from flying to and from the UAE for an open-ended period, as no end date has been set.

The authority tied the decision to US sanctions against Iranian carriers over their activity at airports across the globe. The report does not name any listed company on the Pakistan Stock Exchange. The suspension applies only to Iranian airlines, and no measures against carriers from other countries are mentioned.