Live updates: Follow the latest on Israel-Gaza
Three people were killed and at least four wounded in a Houthi missile attack on a bulk carrier off the coast of Yemen on Wednesday, the US military said, marking the first civilian casualties in the rebel group's campaign against commercial shipping in and around the Red Sea.
A missile fired from Yemen caused major damage to the Barbados-flagged, Liberian-owned vessel True Confidence in the Gulf of Aden, Central Command said on X.
Centcom also said the missile hit caused "significant damage" to the ship.
International Maritime Organisation secretary general Arsenio Dominguez called for collective action to protect the safety of those who work at sea.
“It is deeply saddening to follow the horrific reports of the casualties on the merchant vessel True Confidence, following an attack on the ship south-west of Aden [in Yemen],” he said.
“Innocent seafarers should never become collateral victims.
"I want to thank the efforts of all ships in the area in assisting the vessel and particularly its crew. We all need to do more to protect seafarers.”
Earlier in the day, British and US officials said two seafarers had been killed in the attack.
The US has for months warned about the risk to civilian lives in the Red Sea as it has sought to counter Houthi threats.
"Today, the Houthis have killed innocent civilians with their actions," a US defence official told The National.
Yemen's Houthi rebels claimed the attack in a statement on Wednesday night and named the True Confidence as an “American ship”.
“The naval forces of the Yemeni Armed Forces carried out a targeting operation against the American ship [True Confidence] in the Gulf of Aden, with a number of appropriate naval missiles,” said Houthi spokesman Brig Gen Yahya Saree in a statement.
White House press secretary Karine Jean-Pierre said the ship was not a US vessel.
"These reckless attacks by the Iran-backed group have not only disrupted global trade and commerce but also taken the lives of international seafarers who are simply doing their jobs," she told reporters.
The British embassy in Sanaa said that at least two sailors had died.
“This was the sad but inevitable consequence of the Houthis recklessly firing missiles at international shipping,” the embassy said on X. “They must stop.”
Earlier, a shipping source said that three crew members were missing from the True Confidence, while four others had sustained serious burns after a fire broke out on the vessel after the attack.
A statement from the owners said the bulk carrier was drifting with a fire burning on board, but that no information was available on the status of 20 crew members and three armed guards.
The True Confidence is owned by Liberian-registered company True Confidence Shipping and operated by the Greece-based Third January Maritime, the statement said.
“The Houthis continue to carry out these reckless attacks with no regard for the well-being of innocent civilians who are transiting through the Red Sea, and now they have, unfortunately and tragically, killed innocent civilians,” said US State Department spokesman Matthew Miller.
“The United States will continue to hold the Houthis accountable for their attacks, which have not just disrupted international commerce, not just disrupted the freedom of navigation and international waters, and not just endangered seafarers but now tragically killed a number of them.
“So we will continue to hold them accountable and encourage governments around the world to do the same.”
British Foreign Minister David Cameron said he was appalled by the death of the seafarers.
"Appalled to hear about the deaths of MV True Confidence international crew members in a Houthi attack in the Red Sea. Our thoughts are with their families," he said in a post on X.
"We condemn the Houthis' reckless & indiscriminate attacks on global shipping & demand they stop. We will continue to stand up for freedom of navigation and back our words with actions."
The incident appears to be the first time civilian sailors have been killed since Yemen's Houthi rebels began attacking ships in the Red Sea and surrounding waters in response to the outbreak of the Israel-Gaza war.
Despite waves of US and UK air strikes on sites in Yemen, the Houthis have not lost the capability to launch significant attacks.
Last month, the group attacked a cargo ship carrying fertiliser, the Rubymar, which sank on Saturday after drifting for several days.
The Houthis have also downed an American drone worth tens of millions of dollars.
Meanwhile, a separate Houthi attack on Tuesday was carried out against the USS Carney, an Arleigh Burke-class destroyer that has been involved in the American campaign against the rebels
The Houthi attack on the Carney involved bomb-carrying drones and one anti-ship ballistic missile, the US military's Central Command said.
The US later launched an air strike that destroyed three anti-ship missiles and three bomb-carrying drone boats, said Centcom.
Brig Saree acknowledged the attack, but claimed Houthi forces had attacked two American warships, without elaborating.
The Houthis “will not stop until the aggression is stopped and the siege on the Palestinian people in the Gaza Strip is lifted”, he said.
Brig Gen Saree did not acknowledge the later US air strikes.
The Houthis have not offered an assessment of the damage they have suffered in the US-led strikes that began in January, beyond saying that at least 22 of their fighters have been killed.
Agencies contributed to this report
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The stats
Ship name: MSC Bellissima
Ship class: Meraviglia Class
Delivery date: February 27, 2019
Gross tonnage: 171,598 GT
Passenger capacity: 5,686
Crew members: 1,536
Number of cabins: 2,217
Length: 315.3 metres
Maximum speed: 22.7 knots (42kph)
SUZUME
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UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
THE BIO
Family: I have three siblings, one older brother (age 25) and two younger sisters, 20 and 13
Favourite book: Asking for my favourite book has to be one of the hardest questions. However a current favourite would be Sidewalk by Mitchell Duneier
Favourite place to travel to: Any walkable city. I also love nature and wildlife
What do you love eating or cooking: I’m constantly in the kitchen. Ever since I changed the way I eat I enjoy choosing and creating what goes into my body. However, nothing can top home cooked food from my parents.
Favorite place to go in the UAE: A quiet beach.
The Gandhi Murder
- 71 - Years since the death of MK Gandhi, also christened India's Father of the Nation
- 34 - Nationalities featured in the film The Gandhi Murder
- 7 - million dollars, the film's budget
What is dialysis?
Dialysis is a way of cleaning your blood when your kidneys fail and can no longer do the job.
It gets rid of your body's wastes, extra salt and water, and helps to control your blood pressure. The main cause of kidney failure is diabetes and hypertension.
There are two kinds of dialysis — haemodialysis and peritoneal.
In haemodialysis, blood is pumped out of your body to an artificial kidney machine that filter your blood and returns it to your body by tubes.
In peritoneal dialysis, the inside lining of your own belly acts as a natural filter. Wastes are taken out by means of a cleansing fluid which is washed in and out of your belly in cycles.
It isn’t an option for everyone but if eligible, can be done at home by the patient or caregiver. This, as opposed to home haemodialysis, is covered by insurance in the UAE.
Sholto Byrnes on Myanmar politics
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
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Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
WRESTLING HIGHLIGHTS
Five personal finance podcasts from The National
To help you get started, tune into these Pocketful of Dirham episodes
·
Balance is essential to happiness, health and wealth
·
What is a portfolio stress test?
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What are NFTs and why are auction houses interested?
·
How gamers are getting rich by earning cryptocurrencies
·
Should you buy or rent a home in the UAE?
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
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Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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Profile of RentSher
Started: October 2015 in India, November 2016 in UAE
Founders: Harsh Dhand; Vaibhav and Purvashi Doshi
Based: Bangalore, India and Dubai, UAE
Sector: Online rental marketplace
Size: 40 employees
Investment: $2 million
THE SCORES
Ireland 125 all out
(20 overs; Stirling 72, Mustafa 4-18)
UAE 125 for 5
(17 overs, Mustafa 39, D’Silva 29, Usman 29)
UAE won by five wickets
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Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
What She Ate: Six Remarkable Women & the Food That Tells Their Stories
Laura Shapiro
Fourth Estate