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Uae

King meets new UAE president in Abu Dhabi

May 16, 2022 by www.thestar.com.my

KUALA LUMPUR: Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah has met the new United Arab Emirates (UAE) President Sheikh Mohamed Zayed Al Nahyan at Mushrif Place, Abu Dhabi at around noon local time. According to Comptroller of the Royal Household for Istana Negara Datuk Ahmad Fadil Shamsuddin, His Majesty was received by Sheikh Mohamed. "During the face-to-face meeting that lasted almost an hour, His Majesty conveyed his condolences to the President and the UAE government, and congratulated Sheikh Mohamed on his appointment as the new President and head of state of the UAE," he said in a statement posted on the Istana Negara Facebook account on Monday (May 16). According to Ahmad Fadil, the King also expressed his sadness over the death of Sheikh Khalifa Zayed Al Nahyan, the former UAE president and ruler of Abu Dhabi, and prayed that he would be blessed by Allah SWT and placed among the faithful. He said the King viewed the death of Sheikh … [Read more...] about King meets new UAE president in Abu Dhabi

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Turkey becomes haven for superyachts owned by sanctioned Russian oligarchs

May 16, 2022 by www.newsweek.com

At least five superyachts owned by Russian oligarchs have docked in Turkey since the start of the war in Ukraine, marking an attempt by the nation's ultra-rich to avoid Western sanctions. For months, Russian oligarchs have scrambled to relocate their assets , including luxury yachts and private jets, to avoid having them seized by the United States and European countries. Turkey has since become a safe haven, as the nation has yet to impose its own sanctions against Moscow for its ongoing invasion. The latest superyacht, a $400 million luxury vessel dubbed the Flying Fox, arrived in Bodrum, Turkey, on Sunday morning, according to Insider. That ship is owned by Dmitry Kamenshchik, chairman of Moscow's Domodedovo airport. Other yachts that have sailed to Turkey belong to former KGB agent Vladimir Strzhalkovsky, steel mogul Alexander Abramov, and billionaire Roman Abramovich. As Newsweek previously reported, Abramovich sent a $600 million yacht named Solaris to Bodrum on … [Read more...] about Turkey becomes haven for superyachts owned by sanctioned Russian oligarchs

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