Oil spill spreads along UAE coast after tanker strike near Strait of Hormuz
An oil spill from a tanker damaged near the Strait of Hormuz is spreading along the United Arab Emirates coastline, with beaches near Umm Al Quwain now affected. Verified video from Friday showed oil washing ashore and darkening the water, while authorities said some beaches and coastal areas have been closed. Satellite imagery reviewed over several days indicates the slick has expanded well beyond the vessel itself.The tanker has been identified in the reporting as Gem No.2, which was damaged between 9 and 10 October during a surge of vessel strikes in the area. Satellite images from Monday showed the... [Continue Reading]
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Austrian Airlines Tel Aviv-Vienna flight diverted to Sofia after bomb threat
The aircraft was diverted after a reported bomb threat while flying from Tel Aviv to Vienna, with the emergency landing taking place in Sofia, Bulgaria. Passengers were evacuated after the Airbus A320 touched down, and authorities carried out a security search of the plane. No injuries have been reported in the supplied material.The Bulgarian transport ministry said the air force scrambled a MiG-29 fighter jet to escort the airliner. Flight tracking data showed Austrian Airlines 82 left Ben Gurion Airport in Tel Aviv on Sunday evening and landed at Vasil Levski airport in Sofia about three hours later. A spokesperson... [Continue Reading]
Flydubai captain describes cockpit axe attack in alleged crash plot toward Ben Gurion Airport
A Flydubai captain has described being attacked in the cockpit by a co-pilot who Emirati authorities allege tried to crash the aircraft into Ben Gurion Airport in Tel Aviv. The account comes in a new interview in which Captain Smit Machchhar said he was struck repeatedly with an axe while the plane was carrying 174 passengers en route to Israel. The aircraft was in Saudi airspace when the attack took place.Mr Machchhar said he struggled to stay conscious after being hit in the back of the head and initially feared there had been damage to the roof of the aircraft.... [Continue Reading]
Dubai Property Market Faces Litmus Test as Nakheel Waterfront Investors Await Final Judicial Verdict
Hundreds of international and local investors who purchased land plots in Nakheel’s massive "Waterfront" project nearly two decades ago are holding their breath. Following the official cancellation of the project by the Dubai Land Department and its integration under Dubai Holding, a special judicial committee appointed by His Highness Sheikh Mohammed bin Rashid Al Maktoum has been tasked with resolving the liquidation and settling investor claims. ​Because the decisions of this specialized committee are legally binding and final, with no avenue for appeal, the upcoming rulings are being viewed as a critical turning point for the regulatory reputation of Dubai's... [Continue Reading]
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Lessons learned from Dubai … or not?
It might be early to assess the impact of war on Dubai, the self-declared crisis proof planet, but some lessons can be drawn from its magic well, right now. First and foremost, I remember a saying about fairness: No, not the boomerang, and that what goes around comes around (the dark tales related to Lebanon and Gaza), but about a simple rule of thumb. If you expect the world to be fair with you because you are fair, you’re fooling yourself: that’s like expecting the lion not to eat you because you didn’t eat it. It applies to humans and... [Continue Reading]
