Iran says it seized Israeli ship in Arabian Sea


Amr Mostafa
  • English
  • Arabic

Iran's Revolutionary Guard seized a container ship with links to Israel in the Arabian Sea on Saturday amid heightened tensions between the two countries over the killing of senior members of the paramilitary group in an air strike in Syria.

Iran's official Irna news agency identified the seized ship as the Portuguese-flagged MSC Aries. It said the Revolutionary Guard's naval forces boarded the ship from a helicopter near the Strait of Hormuz and that it was being taken to Iranian waters.

The Mediterranean Shipping Company (MSC) issued a statement confirming that the vessel had been seized near the strait at 6.43am UAE time and diverted towards Iran.

"We regret to confirm that MSC Aries owned by Zodiac Maritime and chartered to MSC has been boarded by Iranian authorities via helicopter as she passed the Strait of Hormuz at approximately 243 UTC this morning," it said.

MSC said the ship had 25 crew on board and that it was "working closely with the relevant authorities to ensure their well-being, and the safe return of the vessel".

Zodiac Maritime is a shipping company partly owned by Israeli billionaire Eyal Ofer. It said the ship was leased to MSC on a long-term basis and that its title was held by its affiliate Gortal Shipping as financier.

"MSC is the manager and commercial operator of the container vessel MSC Aries. MSC is responsible for all vessel activities including cargo operations and maintenance. MSC is also responsible for the vessel’s itinerary, schedule and crew on-board and any queries about the vessel should be directed to MSC," the company said.

The ship's seizure comes as Iran was reported to be considering its options to retaliate against Israel for an air strike on it embassy compound in the Syrian capital Damascus that killed Brig Gen Mohammad Reza Zahedi and Brig Gen Mohammad Hadi Haji Rahimi, along with five other Iranian officers.

Responding to reports of the seizure of MSC Aries, Israeli military spokesperson Rear Admiral Daniel Hagari said "Iran will bear consequences for choosing to escalate this situation any further".

There were calls from European governments for de-escalation from Iran and US President Joe Biden cut short a weekend away from Washington.

UK Foreign Secretary David Cameron said he was concerned at the threat posed by Iran to Israel.

Dutch Foreign Minister Hanke Bruins Slot said she has spoken to Iranian counterpart Hossein Amirabdollahian urging Iran to not attack Israel and instead to act to "de-escalate".

"I made it clear to my Iranian counterpart that Iran should not attack Israel and should take actions for de-escalation," Ms Slot said.

A Biden spokesman said: "The President is returning to the White House this afternoon to consult with his national security team about events in the Middle East," the White House said.

On Tuesday, the naval head of the Revolutionary Guards, Alireza Tangsiri, said Iran could close the Strait of Hormuz if deemed necessary.

Marine traffic in the region has already been severely disrupted since Israel launched a military offensive in Gaza in early October. The Iran-aligned Houthi group in Yemen began launching drone and missile attacks on ships in the Red Sea and Gulf of Aden in November in solidarity with Palestinians in the Gaza war.

At the same time, there has been a resurgence in attacks on ships by Somali pirates after a lull of several years.

The Houthi attacks have forced many shipping firms to reroute their vessels to the longer and more expensive journey around southern Africa, and stoked fears that the Israel-Hamas war could spread to destabilise the wider Middle East.

The US and Britain have carried out strikes against Houthi targets in response to the attacks, while a US-led coalition and a European Union force have been deployed to protect ships.

The specs: 2017 Ford F-150 Raptor

Price, base / as tested Dh220,000 / Dh320,000

Engine 3.5L V6

Transmission 10-speed automatic

Power 421hp @ 6,000rpm

Torque 678Nm @ 3,750rpm

Fuel economy, combined 14.1L / 100km

PROFILE OF HALAN

Started: November 2017

Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar

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How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
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What are the regulations?
  • Fly it within visual line of sight
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  • Drones must weigh 5 kg or less
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The specs: 2018 Nissan Altima


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Election pledges on migration

CDU: "Now is the time to control the German borders and enforce strict border rejections" 

SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom" 

Pearls on a Branch: Oral Tales
​​​​​​​Najlaa Khoury, Archipelago Books

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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World Cricket League Division 2

In Windhoek, Namibia - Top two teams qualify for the World Cup Qualifier in Zimbabwe, which starts on March 4.

UAE fixtures

Thursday February 8, v Kenya; Friday February 9, v Canada; Sunday February 11, v Nepal; Monday February 12, v Oman; Wednesday February 14, v Namibia; Thursday February 15, final

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Ukraine

Capital: Kiev

Population: 44.13 million

Armed conflict in Donbass

Russia-backed fighters control territory

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RESULTS

6.30pm Handicap (TB) US$65,000 (Dirt) 1,400m

Winner Golden Goal, Pat Dobbs (jockey), Doug Watson (trainer)

7.05pm Dubai Racing Club Classic Listed Handicap (TB) $88,000 (Turf) 2,410m

Winner: Walton Street, William Buick, Charlie Appleby.

7.40pm Dubai Stakes Group 3 (TB) $130,000 (D) 1,200m

Winner Switzerland, Tadhg O’Shea, Satish Seemar

8.15pm Singspiel Stakes Group 3 (TB) $163,000 (T) 1,800m

Winner Lord Giltters, Adrie de Vries, David O’Meara

8.50pm Al Maktoum Challenge Round-1 (TB) $228,000 (D) 1,600m

Winner Military Law, Antonio Fresu, Musabah Al Muhairi.

9.25pm Al Fahidi Fort Group 2 (TB) $163,000 (T) 1,400m

Winner Land Of Legends, Frankie Dettori, Saeed bin Suroor

10pm Dubai Dash Listed Handicap (TB) $88,000 (T) 1,000m

Winner Equilateral, Frankie Dettori, Charles Hills.

The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

Stage 3 results

1 Adam Yates (GBR) Mitchelton-Scott 4:42:33

2 Tadej Pocagar (SLO) UAE Team Emirates 0:01:03

3 Alexey Lutsenko (KAZ) Astana 0:01:30

4 David Gaudu (FRA) Groupama-FDJ

5 Rafal Majka (POL) Bora-Hansgrohe         

6 Diego Ulissi (ITA) UAE Team Emirates  0:01:56

General Classification after Stage 3:

1 Adam Yates (GBR) Mitchelton-Scott 12:30:02

2 Tadej Pocagar (SLO) UAE Team Emirates 0:01:07

3  Alexey Lutsenko (KAZ) Astana 0:01:35

4 David Gaudu (FRA) Groupama-FDJ 0:01:40

5  Rafal Majka (POL) Bora-Hansgrohe

6 Wilco Kelderman (NED) Team Sunweb)  0:02:06

Our Time Has Come
Alyssa Ayres, Oxford University Press

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

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Price: From Dh117,059

Tips for taking the metro

- set out well ahead of time

- make sure you have at least Dh15 on you Nol card, as there could be big queues for top-up machines

- enter the right cabin. The train may be too busy to move between carriages once you're on

- don't carry too much luggage and tuck it under a seat to make room for fellow passengers

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The%20specs
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Specs

Engine: 2-litre

Transmission: Eight-speed automatic

Power: 255hp

Torque: 273Nm

Price: Dh240,000

Specs

Engine: 51.5kW electric motor

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Updated: April 13, 2024, 5:48 PM