Abu Dhabi-owned container ship sinks near Hormuz
Shipping & Supply Oman Strait of Hormuz Dubai Abu Dhabi
The container ship GFS Pride sank off Oman, near the Strait of Hormuz, after an unidentified projectile hit it on 13 October. Singapore's port authority said all 21 crew were evacuated unhurt.
What it means: Its operator, Dubai-based Global Feeder Shipping, is 81% owned by Abu Dhabi's AD Ports Group. A second Global Feeder Shipping vessel and a ship of another AD Ports feeder line, Safeen Feeders, were also hit.
Source: Splash247
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The Houthis said on 14 October they will keep attacking airports and oil facilities in Saudi Arabia. They urged civilians and workers to leave them.
What it means: Their statement said they had fired missiles and drones at Riyadh's airport. Reuters said the airport has been attacked four times.
Source: gCaptain
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UAE central bank governor Khaled Mohamed Balama said the economy is projected to grow about 10% in 2027. He said growth of 1.6% is expected in 2026.
What it means: He said one driver is higher oil production capacity after the UAE left OPEC.
Source: Khaleej Times
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A 400-metre footbridge between Jumeirah Golf Estates Metro station and Etihad Rail's Al Yalayis station opened on 15 October. It replaces the shuttle bus between the two.
Source: The National
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