INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Half a ton of heroin seized from unflagged boat in Arabian Sea

A file picture of the contraband seized by the Abu Dhabi Police in March 2022. (WAM)
  • It seized the drugs with an estimated value of 50 million euros after its frigate Guepratte spotted the dhow on December 27.
  • Part of the illegal drugs shipment was "probably intended for the European market", said the command based in Abu Dhabi in the United Arab Emirates.

Abu Dhabi, United Arab Emirates–The French navy seized nearly half a ton of heroin and 3.5 tons of cannabis resin when it intercepted an unflagged boat in the Arabian Sea, it said Monday.

It seized the drugs with an estimated value of 50 million euros after its frigate Guepratte spotted the dhow on December 27, the Indian Ocean Maritime Command said in a statement.

Part of the illegal drugs shipment was “probably intended for the European market”, said the command based in Abu Dhabi in the United Arab Emirates.

The French ship was operating as part of the multinational mission Naval Task Force 150 aimed at strengthening regional security and combating illicit trafficking.