This satellite image provided by Maxar Technologies appears to show the Iranian oil tanker Adrian Darya-1 off the coast of Tartus, Syria. Maxar Technologies via AP
This satellite image provided by Maxar Technologies appears to show the Iranian oil tanker Adrian Darya-1 off the coast of Tartus, Syria. Maxar Technologies via AP
This satellite image provided by Maxar Technologies appears to show the Iranian oil tanker Adrian Darya-1 off the coast of Tartus, Syria. Maxar Technologies via AP
This satellite image provided by Maxar Technologies appears to show the Iranian oil tanker Adrian Darya-1 off the coast of Tartus, Syria. Maxar Technologies via AP

Iran's Quds Force is testing global community, US Treasury official says


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Iran's Quds Force is "testing" the international community, a US Treasury official said on Sunday, after reports that Iranian oil tanker Grace 1 had partly offloaded its cargo in Syria.

The Grace 1, since renamed the Adrian Darya-1 by Iran, was carrying 2.1 million barrels of crude worth about $130 million (Dh447.4m).

It was detained in Gibraltar for six weeks amid suspicion that it was delivering the oil to Syria in breach of EU sanctions against the regime of President Bashar Al Assad.

Authorities in Gibraltar, a British territory, said they released the ship after receiving assurances from Iran that its cargo would not be delivered to Syria.

“We believe that the Quds Force is testing the international community to see whether they will turn a blind eye to these types of oil networks, to allow them to make profits to fund terrorism by Iranian proxies and atrocities by the Assad regime against innocent people,” said Sigal Mandelker, undersecretary for terrorism and financial intelligence in the US Treasury.

The Quds Force is the external operations branch of Iran's Islamic Revolutionary Guard Corps.

The US warned that it would impose sanctions on any buyer of Iranian oil as the Grace 1 travelled around the Mediterranean after being allowed to leave Gibraltar, before turning off its tracking systems off the Lebanese coast.

On Saturday, US National Security Adviser John Bolton tweeted a satellite image of the ship off the coast of Syria, saying that "anyone who said the Adrian Darya-1 wasn't headed to Syria is in denial".

Ms Mandelker’s comments came during a visit to the UAE to meet government and private sector officials to “counter terror and Iran’s destabilising influence in the region and around the world”.

“We are here to send a strong message to the maritime industry that those who deal with Iran, transfer or facilitate the sale of Iranian oil that we will continue to press sanctions,” she said in Abu Dhabi.

"To date we have issued more than 30 rounds of sanctions targeting more than 1,000 Iranian entities.

Those sanctions were part of the US administration's "maximum pressure" campaign against Iran.

Iran's Foreign Ministry spokesman Abbas Mousavi said on Sunday that the Grace 1 had reached its destination.

Mr Mousavi said the oil it carried had been sold but he did not disclose details of the buyer.

He announced that legal proceedings against a British tanker seized by Iran are close to completion and the vessel could be released soon.

Iran seized the Stena Impero tanker in the Strait of Hormuz on July 19, two weeks after the Gibraltar government detained the Iranian Grace 1.

The UK said the move was illegal because the tanker was passing through an internationally recognised strait

But Iran claimed that the ship was involved in a collision with a fishing boat and had been detained under Iranian law.

On September 4, Tehran said it would free seven of the 23 detained crew members on “humanitarian grounds”.

The chief executive and president of Stena Bulk, the company that owns the vessel, said  the remaining sailors would remain on board to safely operate the vessel.

Meanwhile, France said Iran's decision to further reduce its commitments to the 2015 nuclear deal was reversible and that Paris would continue to seek talks to bring Tehran back into full compliance.

"The actions they have taken are negative but not definitive. They can come back and the path of dialogue is still open," Foreign Minister Jean-Yves Le Drian said on Sunday.

Mr Le Drian said Iran was still months away from a nuclear bomb despite taking steps to increase uranium enrichment.

The acting head of the International Atomic Energy Agency, Cornel Feruta, was in Tehran over the weekend.

Iranian Foreign Minister Javad Zarif said that a reduction of its commitments to the deal was allowed because the US had pulled out of the agreement and reimposed sanctions.

The IAEA said the visit was part of continuing interaction with Iran for "verification and monitoring in Iran under the Joint Comprehensive Plan of Action", the official name for the deal. – Additional reporting by agencies 

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

Small Victories: The True Story of Faith No More by Adrian Harte
Jawbone Press

Citizenship-by-investment programmes

United Kingdom

The UK offers three programmes for residency. The UK Overseas Business Representative Visa lets you open an overseas branch office of your existing company in the country at no extra investment. For the UK Tier 1 Innovator Visa, you are required to invest £50,000 (Dh238,000) into a business. You can also get a UK Tier 1 Investor Visa if you invest £2 million, £5m or £10m (the higher the investment, the sooner you obtain your permanent residency).

All UK residency visas get approved in 90 to 120 days and are valid for 3 years. After 3 years, the applicant can apply for extension of another 2 years. Once they have lived in the UK for a minimum of 6 months every year, they are eligible to apply for permanent residency (called Indefinite Leave to Remain). After one year of ILR, the applicant can apply for UK passport.

The Caribbean

Depending on the country, the investment amount starts from $100,000 (Dh367,250) and can go up to $400,000 in real estate. From the date of purchase, it will take between four to five months to receive a passport. 

Portugal

The investment amount ranges from €350,000 to €500,000 (Dh1.5m to Dh2.16m) in real estate. From the date of purchase, it will take a maximum of six months to receive a Golden Visa. Applicants can apply for permanent residency after five years and Portuguese citizenship after six years.

“Among European countries with residency programmes, Portugal has been the most popular because it offers the most cost-effective programme to eventually acquire citizenship of the European Union without ever residing in Portugal,” states Veronica Cotdemiey of Citizenship Invest.

Greece

The real estate investment threshold to acquire residency for Greece is €250,000, making it the cheapest real estate residency visa scheme in Europe. You can apply for residency in four months and citizenship after seven years.

Spain

The real estate investment threshold to acquire residency for Spain is €500,000. You can apply for permanent residency after five years and citizenship after 10 years. It is not necessary to live in Spain to retain and renew the residency visa permit.

Cyprus

Cyprus offers the quickest route to citizenship of a European country in only six months. An investment of €2m in real estate is required, making it the highest priced programme in Europe.

Malta

The Malta citizenship by investment programme is lengthy and investors are required to contribute sums as donations to the Maltese government. The applicant must either contribute at least €650,000 to the National Development & Social Fund. Spouses and children are required to contribute €25,000; unmarried children between 18 and 25 and dependent parents must contribute €50,000 each.

The second step is to make an investment in property of at least €350,000 or enter a property rental contract for at least €16,000 per annum for five years. The third step is to invest at least €150,000 in bonds or shares approved by the Maltese government to be kept for at least five years.

Candidates must commit to a minimum physical presence in Malta before citizenship is granted. While you get residency in two months, you can apply for citizenship after a year.

Egypt 

A one-year residency permit can be bought if you purchase property in Egypt worth $100,000. A three-year residency is available for those who invest $200,000 in property, and five years for those who purchase property worth $400,000.

Source: Citizenship Invest and Aqua Properties

Abu Dhabi GP schedule

Friday: First practice - 1pm; Second practice - 5pm

Saturday: Final practice - 2pm; Qualifying - 5pm

Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm

The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

Gender pay parity on track in the UAE

The UAE has a good record on gender pay parity, according to Mercer's Total Remuneration Study.

"In some of the lower levels of jobs women tend to be paid more than men, primarily because men are employed in blue collar jobs and women tend to be employed in white collar jobs which pay better," said Ted Raffoul, career products leader, Mena at Mercer. "I am yet to see a company in the UAE – particularly when you are looking at a blue chip multinationals or some of the bigger local companies – that actively discriminates when it comes to gender on pay."

Mr Raffoul said most gender issues are actually due to the cultural class, as the population is dominated by Asian and Arab cultures where men are generally expected to work and earn whereas women are meant to start a family.

"For that reason, we see a different gender gap. There are less women in senior roles because women tend to focus less on this but that’s not due to any companies having a policy penalising women for any reasons – it’s a cultural thing," he said.

As a result, Mr Raffoul said many companies in the UAE are coming up with benefit package programmes to help working mothers and the career development of women in general. 

MATCH INFO

Uefa Champions League, semi-final result:

Liverpool 4-0 Barcelona

Liverpool win 4-3 on aggregate

Champions Legaue final: June 1, Madrid

VEZEETA PROFILE

Date started: 2012

Founder: Amir Barsoum

Based: Dubai, UAE

Sector: HealthTech / MedTech

Size: 300 employees

Funding: $22.6 million (as of September 2018)

Investors: Technology Development Fund, Silicon Badia, Beco Capital, Vostok New Ventures, Endeavour Catalyst, Crescent Enterprises’ CE-Ventures, Saudi Technology Ventures and IFC

UAE central contracts

Full time contracts

Rohan Mustafa, Ahmed Raza, Mohammed Usman, Chirag Suri, Mohammed Boota, Sultan Ahmed, Zahoor Khan, Junaid Siddique, Waheed Ahmed, Zawar Farid

Part time contracts

Aryan Lakra, Ansh Tandon, Karthik Meiyappan, Rahul Bhatia, Alishan Sharafu, CP Rizwaan, Basil Hameed, Matiullah, Fahad Nawaz, Sanchit Sharma

PSG's line up

GK: Alphonse Areola (youth academy)

Defence - RB: Dani Alves (free transfer); CB: Marquinhos (€31.4 million); CB: Thiago Silva (€42m); LB: Layvin Kurzawa (€23m)

Midfield - Angel di Maria (€47m); Adrien Rabiot (youth academy); Marco Verratti (€12m)

Forwards - Neymar (€222m); Edinson Cavani (€63m); Kylian Mbappe (initial: loan; to buy: €180m)

Total cost: €440.4m (€620.4m if Mbappe makes permanent move)

The%20specs
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The Library: A Catalogue of Wonders
Stuart Kells, Counterpoint Press