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What to Know About the TASI Opening
- February 29,2012
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- Hussein Abusaaq
Saudi Arabia, the world’s largest oil exporter and the Middle East’s biggest economy, is about to complete a gradual process to open its stock market, known as the Tadawul or TASI, directly to international investors for the first time. The initial step toward this action was to give other GCC countries the right to invest […]
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UN Calls for Saudi Probe of Airstrikes on Yemen Detention Facility to be Independent, Transparent
The United Nations Friday called for the investigation by the Saudi-led coalition into its recent airstrikes on a Houthi-run detention facility in Yemen to be independent and transparent. Three airstrikes in quick succession hit a Houthi-run detention facility in the northern Yemen city of Sa’ada January 21, one of the deadliest single attacks in Yemen’s nearly-seven-year civil war.
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Blame Houthis, Not Saudis, for Lingering Yemen War, White House Says
“Over the last year, the Saudis have supported UN initiatives…to wind down the war. The Houthis have answered those initiatives by launching a massive offensive inside Yemen,” McGurk said at a virtual event hosted by the Carnegie Endowment for International Peace. “It takes two to get to a ceasefire and end the war and right now the onus is on the Houthis.”
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Houthis threaten to attack Dubai Expo if Yemen war not halted
The Dubai Expo has come to epitomise the oil-rich nation's position as a tourism and commercial hub. The country invested $7bn in the event and aims to draw in 25 million visitors over the course of a year, as it looks to reboot its economy after the coronavirus pandemic.
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Yemen: Houthis lose key Marib district after attack on Abu Dhabi
Since 25 December, the fighting has intensified in Yemen as the Saudi-led coalition, supporting the internationally recognised government, launched a "large-scale" attack on Yemen's capital, Sanaa, after missiles fired by the Houthis killed two people in Saudi Arabia, the first such deaths in three years.
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UAE blocks missiles as Yemen’s Houthis attack region’s business hub
"This is absolutely an escalation and changes the regional dynamic," said Karen Young, director at the Middle East Institutes' Economics and Energy Programme.
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US Navy seizes 40 tons of key bomb ingredient on suspected Iranian boat heading for rebels in Yemen
US forces found 40 tons of urea fertiliser, known to be a key ingredient in homemade improvised explosive devices, hidden on board the boat off the Golf of Oman. UN experts say weapons probably come from Iran to support the Houthi rebels in Yemen.
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Yemen loses internet connection after Saudi-led airstrikes
NetBlocks said the disruption began around 1 a.m. local and affected TeleYemen, the state-owned monopoly that controls internet access in the country. TeleYemen is now run by the Houthi rebels who have held Yemen’s capital, Sanaa, since late 2014.
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US envoy to Yemen on GCC tour to reactivate peace efforts
Lenderking is on a tour of Gulf states and the British capital, London, to reinvigorate peace efforts in coordination with the UN, senior regional government officials, and other international partners, the State Department said.
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Around 20 killed in deadliest coalition strikes on Yemen’s Sanaa since 2019
Air strikes by the Saudi-led coalition fighting Yemen's Houthi group on the capital Sanaa killed at least 20 people overnight, including civilians, Houthi media and residents said, in one of its deadliest attacks since 2019. Around 14 people were killed when coalition planes struck the home of a high-ranking Houthi military official, including his wife and son, according to neighbours and a medic.
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Three killed in UAE fuel truck blast, Yemen Houthis claim attack
If confirmed, a Houthi drone strike on the UAE capital would take the war between the group and a Saudi-led coalition to a new level, and may hinder efforts to contain regional tensions as Washington and Tehran work to rescue a nuclear deal.
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