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What you need to know before registering a company in the UAE
Company Registration
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Corporate Compliance & Reporting
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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## US Strikes Iran After Vessel Attacks
The United States has launched a series of strikes on Iran following attacks on commercial vessels near the Strait of Hormuz. This action comes after the US revoked a waiver that allowed Iran to sell oil under a previous peace agreement. The strikes targeted Iranian military infrastructure, including air defense systems and missile positions.
## Ceasefire Declared Over
US President Donald Trump announced that the ceasefire with Iran is "over" after these recent attacks. Despite this, he expressed confidence that the conflict would be resolved quickly. Trump also criticized Iran's leadership, describing them as "the bully of the Middle East."
## Regional Reactions
The Arab Parliament and several Gulf nations, including Bahrain and the UAE, condemned Iran's actions, citing violations of international law and threats to regional stability. Bahrain reported intercepting missile and drone attacks, while the UAE condemned an attack on a Saudi tanker.
## Economic Impact
The conflict has caused a spike in oil prices, with Brent crude rising above $80 per barrel. This increase reflects concerns over the security of the Strait of Hormuz, a critical route for global oil supply.
## International Calls for Restraint
Pakistan, acting as a mediator, urged both the US and Iran to exercise restraint and adhere to previous agreements to prevent further escalation. Meanwhile, Lebanon has set conditions for participating in upcoming talks, demanding Israel's withdrawal from certain zones.
## Casualties and Damage
Iranian state media reported that eight military personnel were killed in the US strikes. However, US officials stated that Iran's attacks did not result in American casualties or significant damage.
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