Category Archives: Business & Finance

Maritime security update on Fujairah incident

We refer to our alert “Incident at Fujairah anchorage” of 14 May 2019.

In a joint press release, OCIMF and INTERTANKO state that the widely reported attack on four tankers at Fujairah anchorage on 12 May 2019 appears to be …

UAE condemns terrorist attack on a mosque in Kabul

ABU DHABI, The UAE has strongly condemned the terrorist attack on a mosque in Afghan Capital, Kabul during Friday prayer (Jumaa prayer) and resulted in a number of deaths and injuries.

In a statement, the Ministry of Foreign Affairs and …

Iran suggests oil attacks orchestrated to spark conflict

Iranian officials accused “hardliners” in the United States and elsewhere of attempting to orchestrate an incident that would ratchet up tensions with the Islamic Republic, as the supreme leader vowed there would be no war.

The allegation by Iran’s Foreign …

Gulf uncertainty reigns amid Iran-US showdown

May 17, 2019: A previous version of this story identified Anwar Gargash as UAE’s foreign minister. His official designation is minister of state for foreign affairs. Sheikh Abdullah bin Zayed Al Nahyan is the UAE’s minister of foreign affairs and …

Sabotage of oil tankers stirs concerns over Gulf shipping

Amid rising tensions between the US and Iran, sabotage attacks on four commercial vessels off the coast of the UAE’s Fujairah port have raised serious questions about maritime security in the Gulf.

The incidents, which included attacks on two Saudi …

UAE says joint probe into tanker attack ensures impartiality

The United Arab Emirates said that the participation of several countries in an investigation into last week’s attack on oil tankers off its coast would support the “impartiality and transparency” of the findings.

The Gulf Arab state has not yet …