Russian businessman wins back superyacht

Russian businessman win back superyacht - According to reports Russian businessman Farkhad Akhmedov has announced that he has won back his $436m superyacht after a Dubai appeals court overruled an earlier decision to seize the ship from him. It’s the latest development in his long-running divorce proceedings after a UK court had previously ordered the former oil and gas trader to pay his wife $600m in the divorce settlement. But the court ruled that decision was unenforceable in Dubai and the seizure of the superyacht should be cancelled. The superyacht Luna, previously owned by Roman Abramovich, had been impounded in Dubai.

 

Last local news

Evening Update Wednesday 12 November 2025

A man is in a critical condition in hospital after being found with wounds to his throat in Nice Evening Update Wednesday 12 November 2025 Read More

12/11/2025

French and Riviera News Wednesday 12th November 2025

US President Donald Trump has taken aim at France during a Fox News interview this week, saying that the United States has “had a lot of problems with... French and Riviera News Wednesday 12th November 2025 Read More

12/11/2025

Evening Update Tuesday 11 November 2025

Numerous commemorative ceremonies for Armistice Day have been held in our region and throughout France... Evening Update Tuesday 11 November 2025 Read More

11/11/2025

French and Riviera News Tuesday 11th November 2025

Police are searching for Nadège, a woman who disappeared on Sunday evening after suffering a puncture on a roadside near Pignans, in the Var region. A... French and Riviera News Tuesday 11th November 2025 Read More

11/11/2025

Evening Update 10 November 2025

Nicolas Sarkosy is set to be released from prison after a decision by the Paris Court of Appeal this afternoon. He has been incarcerated for the past ... Evening Update 10 November 2025 Read More

10/11/2025