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

French and Riviera News Thursday 28th August 2025

It’s been reported that Uber plans to launch high-speed trains between London, Paris, Lille, and Brussels by 2029, partnering with Gemini Trains. ... French and Riviera News Thursday 28th August 2025 Read More

28/08/2025

Evening Update Wednesday 27th August 2025

Éric Ciotti has officially announced his candidacy for mayor of Nice in the March 2026 municipal elections, challenging current mayor Christian Estros... Evening Update Wednesday 27th August 2025 Read More

27/08/2025

French and Riviera News Wednesday 27th August 2025

As 12 million students return to class in France on the 1st of September, several key changes are being introduced. These include mandatory sex educat... French and Riviera News Wednesday 27th August 2025 Read More

27/08/2025

Evening Update Tuesday 26th August 2025

A stormy and rainy episode is expected tomorrow in the Alpes-Maritimes and Var, with heavy rainfall possibly reaching 100mm along the coast.... Evening Update Tuesday 26th August 2025 Read More

26/08/2025

French and Riviera News Tuesday 26th August 2025

France is preparing for a nationwide shutdown on September 10th called “Bloquons tout,” organized mainly through social media. ... French and Riviera News Tuesday 26th August 2025 Read More

26/08/2025