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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
## US Strikes on Iran
The United States launched a new series of strikes against Iran on July 12, targeting various military installations. The operation aimed to weaken Iran's capabilities to threaten commercial shipping in the Strait of Hormuz. The US military confirmed the use of fighter jets, naval vessels, and drones in these attacks.
## Iranian Response
Iran reported explosions in several locations, including Bandar Abbas and Qeshm Island. A projectile hit a water station in Mahshahr County, resulting in one death and four injuries. Iran's Revolutionary Guard claimed responsibility for attacks on airbases in Kuwait, Bahrain, and Jordan.
## Strait of Hormuz Tensions
The Strait of Hormuz remains a focal point of the conflict, with Iran announcing its closure, although the US insists it remains open for international shipping. This narrow passage is crucial for global energy trade, and any disruption could have significant impacts.
## Regional Reactions
Gulf nations are on high alert following the attacks. The UAE reported its defense systems engaged incoming threats, while Kuwait intercepted aerial targets. Qatar confirmed injuries from falling debris, and Oman reported drone attacks without casualties.
## Economic Impact
Oil prices surged over 3% following the strikes, reflecting concerns about potential disruptions to energy supplies. Brent crude reached around $78.50 a barrel.
## Diplomatic Efforts
Iran accused the US of hindering diplomatic negotiations over the Strait of Hormuz. Meanwhile, President Trump claimed that a deal with Iran was close before the recent escalation.
## UN's Call for Peace
UN Secretary-General António Guterres urged both nations to cease hostilities to prevent further regional instability.
## Advice for UAE Residents
Residents are advised to stay informed about travel updates, monitor oil market changes, and follow official security advisories.
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