A Greek court has overturned a court ruling allowing the US to confiscate part of a cargo of Iranian oil on an Iranian-flagged tanker off the Greek coast, reports say.
In response, Iranian forces seized two Greek tankers in the Arabian Gulf last month after Iran said it would take "punitive action" against Greece.
Iran also appealed against the original court decision, a legal source told Reuters. The result of the appeal has not yet been officially revealed.
"The action for the reversal of the ruling was accepted by the court," the source said. "It will be hard to overrule that [the appeal court's ruling]."
It is not known whether the US or Greek governments will challenge the ruling, which was made in the appeals court of the region of Chalkis.
Greece had called Iran's seizure of the two Greek tankers in the Gulf "piracy".
Russian crew on board impounded vessel
The case arose when Greek authorities in April impounded the Iranian-flagged Lana, formerly the Pegas, with 19 Russian crew members on board, near the coast of the southern island of Evia because of EU sanctions.
The ship was soon released because of complications regarding its ownership. The US in May confiscated part of the Iranian oil cargo and transferred it to another ship, following the initial Greek court ruling.
Mr Kozanidis declined to disclose the name of the company he represents but told Reuters the case wrelated to unpaid towing services.ing company, represented by lawyer George Kozanidis.w
Mr Kozanidis declined to disclose the name of the company he represents but told Reuters the case was related to unpaid towing services.
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
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Email sent to Uber team from chief executive Dara Khosrowshahi
From: Dara
To: Team@
Date: March 25, 2019 at 11:45pm PT
Subj: Accelerating in the Middle East
Five years ago, Uber launched in the Middle East. It was the start of an incredible journey, with millions of riders and drivers finding new ways to move and work in a dynamic region that’s become so important to Uber. Now Pakistan is one of our fastest-growing markets in the world, women are driving with Uber across Saudi Arabia, and we chose Cairo to launch our first Uber Bus product late last year.
Today we are taking the next step in this journey—well, it’s more like a leap, and a big one: in a few minutes, we’ll announce that we’ve agreed to acquire Careem. Importantly, we intend to operate Careem independently, under the leadership of co-founder and current CEO Mudassir Sheikha. I’ve gotten to know both co-founders, Mudassir and Magnus Olsson, and what they have built is truly extraordinary. They are first-class entrepreneurs who share our platform vision and, like us, have launched a wide range of products—from digital payments to food delivery—to serve consumers.
I expect many of you will ask how we arrived at this structure, meaning allowing Careem to maintain an independent brand and operate separately. After careful consideration, we decided that this framework has the advantage of letting us build new products and try new ideas across not one, but two, strong brands, with strong operators within each. Over time, by integrating parts of our networks, we can operate more efficiently, achieve even lower wait times, expand new products like high-capacity vehicles and payments, and quicken the already remarkable pace of innovation in the region.
This acquisition is subject to regulatory approval in various countries, which we don’t expect before Q1 2020. Until then, nothing changes. And since both companies will continue to largely operate separately after the acquisition, very little will change in either teams’ day-to-day operations post-close. Today’s news is a testament to the incredible business our team has worked so hard to build.
It’s a great day for the Middle East, for the region’s thriving tech sector, for Careem, and for Uber.
Uber on,
Dara
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
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Fourth-round clashes for British players
- Andy Murray (1) v Benoit Paire, Centre Court (not before 4pm)
- Johanna Konta (6) v Caroline Garcia (21), Court 1 (4pm)
