Dutch marines board a Yemeni fishing boat in the Gulf of Aden. The boat had been captured by Somali pirates. AP
Dutch marines board a Yemeni fishing boat in the Gulf of Aden. The boat had been captured by Somali pirates. AP
Dutch marines board a Yemeni fishing boat in the Gulf of Aden. The boat had been captured by Somali pirates. AP
Dutch marines board a Yemeni fishing boat in the Gulf of Aden. The boat had been captured by Somali pirates. AP

Iranian hostages freed after years in Al Shabab captivity in Somalia


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Iran has received 14 sailors released by extremist group Al Shabab after protracted negotiations to secure their freedom.

Some of the men had been held for as long as eight years, Iranian media reported.

It remains unclear how Tehran secured their release, with police officials in Iran providing no further details due to the continuing investigations.

However, Al Shabab are often paid to secure the release of prisoners.

The men were kidnapped in international waters — possibly by pirates — before being handed over to the extremist group.

Piracy was once common in the Gulf of Aden but attacks have stopped almost entirely, an International Chamber of Shipping report said in August.

This is largely due to the work of an international naval coalition set up to stop piracy.

The former hostages were welcomed at Tehran's Imam Khomeini International Airport on Saturday night before being taken to their southern hometown of Chabahar, Iranian media reported.

Their release comes about a month after Somali police discovered 20 foreigners — 14 Iranians and six Pakistanis — near territory controlled by the militant group.

At the time, Somali police said some had been kidnapped by Al Shabab in 2014 while others had been abducted on the country's southern coast of Harardhere in mid-2019.

Al Shabab, which controls large parts of rural Somalia, has been trying to overthrow the central government for 15 years and has funding its insurgency through criminal activities such as kidnappings.

Somalia has also been plagued by piracy for years, although attacks on ships have declined sharply in recent years since they hit a peak of 176 in 2011.

In 2020, three Iranian fishermen believed to be the last hostages held by Somali pirates were freed after five years in captivity.

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COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
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The specs

Engine: 6.2-litre supercharged V8

Power: 712hp at 6,100rpm

Torque: 881Nm at 4,800rpm

Transmission: 8-speed auto

Fuel consumption: 19.6 l/100km

Price: Dh380,000

On sale: now 

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Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

Trump v Khan

2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US

2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks

2019: Trump calls Khan a “stone cold loser” before first state visit

2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”

2022:  Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency

July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”

Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.

Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”

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Ireland v Denmark: The last two years

Denmark 1-1 Ireland 

7/06/19, Euro 2020 qualifier 

Denmark 0-0 Ireland

19/11/2018, Nations League

Ireland 0-0 Denmark

13/10/2018, Nations League

Ireland 1 Denmark 5

14/11/2017, World Cup qualifier

Denmark 0-0 Ireland

11/11/2017, World Cup qualifier

 

 

 

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COMPANY PROFILE

Company name: Letstango.com

Started: June 2013

Founder: Alex Tchablakian

Based: Dubai

Industry: e-commerce

Initial investment: Dh10 million

Investors: Self-funded

Total customers: 300,000 unique customers every month

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
MATCH INFO

Uefa Champions League semi-final, second leg result:

Ajax 2-3 Tottenham

Tottenham advance on away goals rule after tie ends 3-3 on aggregate

Final: June 1, Madrid

Updated: December 26, 2022, 12:21 PM