Sir Bu Nair Island is a protected marine area. Courtesy: Shurooq
Sir Bu Nair Island is a protected marine area. Courtesy: Shurooq
Sir Bu Nair Island is a protected marine area. Courtesy: Shurooq
Sir Bu Nair Island is a protected marine area. Courtesy: Shurooq

UAE intercepts fishing boats illegally operating close to protected island


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UAE authorities have intercepted several fishing boats that illegally entered the country's territorial waters.

The Critical Infrastructure and Coastal Protection Authority on Monday identified eight vessels operating northwest of Sir Bu Nair Island.

Three pursuit and support boats were deployed but the fishing vessels did not obey orders to halt so "rules of engagement" were applied, Wam reported.

No further details about the incident were revealed.

Sir Bu Nair sits about 112 kilometres off the Sharjah coast and belongs to the emirate. It is a crucial nesting area for turtles.

Once an important camp for pearl divers, Sharjah in 2000 designated the tear-drop shaped island as a protected marine area.

Sir Bu Nair is also on the UAE's list of "wetlands of international importance" under the globally recognised Ramsar Convention.

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Financial considerations before buying a property

Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.

“If it’s a rental property, plan for the property to have periods when it does not have a tenant. Ensure you have enough cash set aside to pay the mortgage and other costs during these periods, ideally at least six months,” she says. 

Also, shop around for the best mortgage interest rate. Understand the terms and conditions, especially what happens after any introductory periods, Ms Glynn adds.

Using a good mortgage broker is worth the investment to obtain the best rate available for a buyer’s needs and circumstances. A good mortgage broker will help the buyer understand the terms and conditions of the mortgage and make the purchasing process efficient and easier. 

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Mubadala World Tennis Championship 2018 schedule

Thursday December 27

Men's quarter-finals

Kevin Anderson v Hyeon Chung 4pm

Dominic Thiem v Karen Khachanov 6pm

Women's exhibition

Serena Williams v Venus Williams 8pm

Friday December 28

5th place play-off 3pm

Men's semi-finals

Rafael Nadal v Anderson/Chung 5pm

Novak Djokovic v Thiem/Khachanov 7pm

Saturday December 29

3rd place play-off 5pm

Men's final 7pm

The specs

Engine: 1.6-litre 4-cyl turbo

Power: 217hp at 5,750rpm

Torque: 300Nm at 1,900rpm

Transmission: eight-speed auto

Price: from Dh130,000

On sale: now

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COMPANY PROFILE
Name: Akeed

Based: Muscat

Launch year: 2018

Number of employees: 40

Sector: Online food delivery

Funding: Raised $3.2m since inception