Red Cross making preparations for Yemen prisoner swap
The International Red Cross is preparing for a prisoner swap to move hundreds of detainees held by Houthi rebels and the internationally recognised Yemeni government, according to a statement released by the agency on Wednesday. ...
UAE condemns Iran's interference in Middle East
The UAE has condemned Iran's interference in the Middle East, accusing it of creating tension and posing a serious threat to the stability of the region. The UAE called on the international community and the Security Council to put pressure on Iran to stop its interference and backing for terrorist and sectarian militias. ...
IESCO Condemns Houthi Pillaging of Yemen’s Historic Zabid Library
The Islamic Educational, Scientific and Cultural Organization (IESCO) condemned Iran-backed Houthis in Yemen for stealing manuscripts, historical and scientific books and artifacts from the historic library of Zabid. ...
UAE Supports Energy Sector In Hadramaut, Yemen
The Emirates Red Crescent, ERC, today delivered an electric generator to Thamud Directorate in Hadramaut, Yemen, to support the energy sector and solve the power outage crisis for residents. ...
Kuwait cautions citizens against approaching Saudi border
Kuwait’s embassy in Saudi Arabia has cautioned citizens residing in both countries to avoid venturing near the shared border. ...
Yemen: Explosion kills 5 mine clearance experts including a Brit
Five foreign mine clearance experts were killed in an explosion in Yemen’s eastern Marib city on Sunday, according to local sources. ...
US shutdown: Trump angered by Democrat rejection of 'compromise'
US President Donald Trump has attacked Democrats for rejecting his proposals to end the longest government shutdown in US history. ...
Rise in Public Spending to Boost GCC Economic Growth
GCC countries are expected to grow by 2.3 per cent in 2019 and 2.6 per cent in 2020, from an estimated 2.4 per cent in 2018, driven by increased public spending and various measures to stimulate private sector, according to National Bank of Kuwait. ...
Yemen's Huthis finance war with fuel from Iran: UN report
Fuel loaded from ports in Iran has generated revenue to finance the Yemen Huthi rebel war effort against the Saudi-backed government, according to a report by a UN panel of experts seen by AFP. ...
British elite reap benefits of Saudi-led war on Yemen
UK councils and the military sector are profiting from the war in Yemen and the ongoing Saudi-led campaign in the impoverished state, Labour councilor Maya Evans told RT. Evans even went on hunger strike in protest. ...
Bahrain's first LNG terminal readies for imports as FSU arrives in Gulf
Bahrain’s first liquefied natural gas (LNG) floating unit arrived in the Gulf this week as the country gets ready for its maiden imports of the super-chilled fuel this year, data from Refinitiv Eikon showed. ...
Yemen's warring parties hopeful on prisoner swap as Hodeidah stalls
Yemen’s warring parties hope to deliver final lists of prisoners to the United Nations after talks in Amman on Thursday under an exchange agreement, a government delegate said. ...
Yemen: UN says Patrick Cammaert safe after reported shooting in Hodeidah
The head of the UN monitoring team in Yemen’s Hodeidah is safe following a reported shooting, the UN said on Thursday. ...
Yemen conflict: Trump faces bipartisan move to end Saudi support
Newly empowered Democrats could force president to use veto to continue unpopular war , Congress is expected to make an unprecedented challenge to Donald Trump’s authority to take the US into a war in the coming weeks, with a bipartisan measure calling for the end of US military involvement in the Yemen conflict. ...
UAE minister and OPEC chief says IRENA’s solar forecasts for Gulf nations will prove conservative
With the International Renewable Energy Agency’s number-crunchers predicting almost 5.4 GW of new solar across the six Gulf Cooperation Council nations today, Suhail Mohammed Faraj Al Mazroui said his nation alone would install 6-7 GW of new renewables capacity by 2024, as pv magazine editor-in-chief Jonathan Gifford reports. ...
Why Gulf Banks Are Merging Like Never Before
Lenders in the Persian Gulf have been rapidly consolidating as they seek to stay competitive in an era of lower oil prices. Saudi Arabia’s biggest bank announced talks about a mega-merger with a domestic rival less than a year after the kingdom’s first such tie-up in 20 years. Abu Dhabi is working on a merger of three of its banks, potentially the emirate’s second in just over a year. And the wave continues: About a dozen other regional lenders are involved in takeover or merger talks. ...
Houthi drone attack military base in southern Yemen, 6 killed
After the drones attack ...
Agility opens new regional distribution hub in Bahrain in push for GCC expansion
Kuwait’s Agility, one of the top-listed logistics companies in the GCC, has opened a regional distribution hub in Bahrain, as the company looks to boost its warehousing, freight and transport capabilities in the Arabian Gulf. ...