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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
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
## Maritime Tensions and Attacks
The Strait of Hormuz remains a focal point of tension, with recent attacks on UAE tankers. ADNOC confirmed two of its vessels were targeted, though no injuries occurred. The incident has sparked widespread condemnation, with Saudi Arabia holding Iran accountable and the Arab League denouncing the attacks as violations of international law.
## Impact on Shipping and Pollution Concerns
Shipping traffic through the Strait is significantly reduced, with only 13 vessels crossing on Thursday. Some ships are using Iranian-approved routes despite US warnings, while others have turned off tracking devices. Pollution is also a concern, with oil washing ashore near Qeshm Island and a spill reported off Oman.
## Flight Disruptions and Advisories
Airlines are adjusting schedules due to the crisis. Etihad Airways has canceled several flights until August 21, while Emirates and Air Arabia have also made changes. Passengers are advised to check flight statuses and arrive early at airports. The European Union Aviation Safety Agency has extended its advisory for Gulf airspace due to ongoing risks.
## Oil Markets and Economic Impact
Oil prices have risen slightly amid the crisis, with the International Energy Agency stressing the urgency of reopening the Strait. Iraq has reported increased oil exports, providing a rare positive note in the current situation.
## US Military Losses
The US has lost a significant number of drones since the conflict began, with some downed over the Strait of Hormuz. The accuracy of these attacks has raised concerns among officials.
## Travel Advice for UAE Residents
Residents planning to travel should verify their flight details and allow extra time for airport procedures. Keeping contact information updated with airlines is crucial for receiving real-time alerts on any changes.
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