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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
## Explosion Near Khasab
A tanker experienced an explosion near Khasab, Oman, after witnessing a large splash in the water. The incident occurred approximately 21 nautical miles northeast of Khasab. Fortunately, the tanker reported no damage, and authorities are investigating the cause of the explosion. Maritime authorities have advised caution for vessels in the area.
## Projectile Strike Near Limah
In a separate event, a tanker was hit by an unidentified projectile about 11 nautical miles northeast of Limah, Oman. The strike damaged the engine room, rendering the vessel immobile. Regional coast guard authorities are investigating, and no casualties or environmental damage have been reported.
## Decline in Strait of Hormuz Traffic
Shipping through the Strait of Hormuz has decreased significantly amid rising regional tensions. Data from Kpler indicates a 77% drop in traffic, with only five vessels passing through on Thursday compared to 22 the previous day. This decline follows Iran's warning of tightening its closure of the strait in response to a US blockade on Iranian ports. The US Central Command maintains that the strait remains open for commercial traffic.
## US Naval Actions
The US Central Command has rerouted 30 commercial vessels and taken control of four ships as part of its blockade enforcement on Iranian ports. These measures began in mid-July following disruptions in the Strait of Hormuz. Some vessels carrying humanitarian aid have been allowed to pass.
## Ongoing Regional Security Concerns
The recent incidents occur as the US considers further military actions against Iran. US officials have hinted at potential new strikes, though details remain uncertain. President Donald Trump has indicated that military operations could intensify. Shipping operators are advised to stay vigilant and report any suspicious activities.
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