Latest news with #UAE-linked
Shafaq News
22-05-2025
- Politics
- Shafaq News
Iran denies hijacking UAE-linked tanker
Shafaq News/ On Thursday, Iran's Navy denied any involvement in the reported seizure of a Panama-flagged oil tanker carrying UAE-linked products near the port of Jask in the Gulf of Oman. Earlier this week, Ambrey reported receiving an alert regarding a tanker allegedly hijacked around 51 nautical miles northwest of Bandar Jask. The firm assessed that the vessel may be part of Iran's so-called 'shadow fleet,' a term used for ships linked to Iranian oil exports operating under sanctions. In a statement published by the state-run IRNA news agency, the Navy's public relations office stated that no such incident occurred in waters under the country's jurisdiction, emphasizing that maritime activity in the area continues in accordance with international protocols under Navy supervision. The statement also rejected the use of the term 'hijacking' without substantiating evidence, describing it as a media distortion based on unverified reports and part of efforts to provoke regional tensions and sway global opinion.
Reuters
21-05-2025
- Reuters
Hijack call from ship off Iran a false alarm, security firm Ambrey says
DUBAI, May 21 (Reuters) - A hijack signal sent from a Panama-flagged petroleum products tanker off Iran was a false alarm, British maritime security firm Ambrey said on Wednesday. Ambrey first reported the incident south of the busy Strait of Hormuz shipping lane on Tuesday without naming the "UAE-linked" vessel. It said it took place some 51 nautical miles northwest of the Iranian port of Bandar-e Jask. It dubbed the incident a "false hijack distress call" on Wednesday, adding that it "understands that the vessel had previously conducted similar actions". Ambrey said it believed the vessel was part of a "shadow fleet" of tankers used by Iran, noting a sister ship was on a sanctions list issued by the U.S. Office of Foreign Assets Control (OFAC).
Yahoo
20-05-2025
- Business
- Yahoo
Ambrey says Panama-flagged products container reportedly interdicted northwest of Iranian port
CAIRO (Reuters) -British maritime security firm Ambrey said on Tuesday a Panama-flagged and UAE-linked products tanker was reportedly interdicted approximately 51 nautical miles northwest of the Iranian port of Bandar-e jesk. It said an urgency broadcast transmitted that the vessel has been "hijacked." Ambrey said it assessed the vessel was aligned with the Iranian "shadow fleet," adding a sister vessel was designated by OFAC under the Iranian sanctions programme.
The Star
20-05-2025
- Business
- The Star
Ambrey says Panama-flagged products container reportedly interdicted northwest of Iranian port
CAIRO (Reuters) -British maritime security firm Ambrey said on Tuesday a Panama-flagged and UAE-linked products tanker was reportedly interdicted approximately 51 nautical miles northwest of the Iranian port of Bandar-e jesk. It said an urgency broadcast transmitted that the vessel has been "hijacked." Ambrey said it assessed the vessel was aligned with the Iranian "shadow fleet," adding a sister vessel was designated by OFAC under the Iranian sanctions programme. (Reporting by Menna Alaa El-Din and Muhammad Al Gebaly; Editing by Chris Reese)
Time of India
13-05-2025
- Business
- Time of India
US weighs letting UAE buy over a million advanced Nvidia chips
The Trump administration is negotiating a deal allowing the UAE to import over a million advanced Nvidia chips, bypassing Biden-era export limits. While aimed at boosting US tech ties and AI capacity in the Gulf, critics warn of national security risks and potential Chinese access through UAE-linked firms like G42. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The Trump administration is weighing a deal that would allow the United Arab Emirates to import more than a million advanced Nvidia chips, people familiar with the matter said, a quantity that far exceeds limits under Biden-era AI chip regulations — and one that's raised concerns that American hardware risks ending up in China's deal, which is still being negotiated and could change, would let the UAE import 500,000 of the most advanced chips on the market each year from now to 2027, said the people, who asked not to be named discussing confidential conversations. One-fifth would be set aside for the Abu Dhabi AI firm G42, while the remainder would go to US companies building data centers in the Gulf nation, according to the of those companies could be OpenAI, which may announce new data center capacity in the UAE as soon as this week, people familiar with the matter the lifetime of the deal, G42 could purchase computing capabilities equivalent to between 1 million and 1.5 million H100 chips, Nvidia's current best offering, the people said. That total is around four times more than G42 would have been allowed to buy under a Biden-era chip export control framework, known as AI diffusion that Trump plans to scrap, according to the people. It's on par with the number of chips needed to power a planned Meta Platforms Inc. data center in Louisiana that's so large it would cover a significant portion of told, if the deal moves forward in its current form, it would mark a sea change in US policy toward AI development in the Middle East and specifically the United Arab Emirates, where US officials have long been wary of government officials' and private companies' ties to Beijing. It's unclear what national security conditions Trump officials have applied to the chip sales, the people said. Under President Joe Biden's administration, G42 agreed to divest from China's Huawei Technologies Co. to pave the way for a $1.5 billion Microsoft Corp. partnership that includes data centers in the Gulf White House didn't immmediately respond to a request for comment. Nvidia, G42, the UAE embassy in the US and OpenAI declined to comment. The New York Times previously reported some details of the Donald Trump on Tuesday began a tour of the Middle East with a stop in Saudi Arabia, after which he will travel to Qatar and then the United Arab Emirates. The US is also considering an agreement to grant Saudi Arabia more access to advanced semiconductors a move that would boost the kingdom's AI could unveil the UAE chip accord during his visit there, the people said, while emphasizing that the details are still under active deliberation. Central to the conversations with the UAE is White House AI Adviser David Sacks, who spent several days there ahead of Trump's part of that visit, Sacks met with Sheikh Tahnoon bin Zayed Al Nahyan — the UAE's national security adviser and brother of the country's president, who traveled to Washington earlier this year in part to press Trump officials for easier access to Nvidia chips. During Sheikh Tahnoon's March trip, the UAE pledged to spend $1.4 trillion on US tech, energy and infrastructure — something that aided its pitch to buy more American semiconductors, Bloomberg has reported.'US companies still have the best technology but we are no longer the only game in town; it is well understood that China is catching up fast,' Sacks wrote in a post on X about his meeting with Sheikh Tahnoon. 'The country that builds its partner ecosystem the fastest is the one that will win this high-stakes competition. Effective AI diplomacy is vital now more than ever.'Sacks' argument — that the US semiconductor lead over China is narrowing — is one that several company executives have made as they urged the Trump administration to rescind some Biden-era chip export of a deal to expand the UAE's access to the most advanced AI semiconductors stirred objections among China hawks in Washington, who expressed concern that such an agreement would risk creating a path for Chinese entities to obtain sensitive technology.'Deals like this require scrutiny and verifiable guardrails,' Representative John Moolenaar, the top Republican on the House China committee, said in a post on X. 'We raised concerns about G42 last year for this very reason—and we need safeguards in place before more agreements move forward.'
