INSEAD Day 4 - 728x90

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

US condemns Houthi missile attack on Saudi Arabia

Newly recruited Houthi fighters chant slogans as they ride a military vehicle during a gathering in the capital Sanaa to mobilize more fighters to battlefronts to fight pro-government forces in several Yemeni cities, on January 3, 2017. (Photo by Mohammed HUWAIS / AFP)
    • ‘We condemn the Houthi attacks on Saudi Arabia following the calm over Eid Al-Adha’

    • ‘Time to return to negotiations and end the conflict’

    The US has issued a swift condemnation of the latest Houthi attack on Saudi Arabia with a ballistic missile and three explosive-laden drones. It has called on the Iran-backed militia to cease its military action and commit to a ceasefire that could end the conflict in Yemen.

    “We condemn the Houthi attacks on Saudi Arabia following the calm over Eid Al-Adha. The Houthis must stop their destabilizing actions and commit to an immediate, comprehensive ceasefire to help end the Yemen war. Time to return to negotiations and end the conflict,” the US government agency posted on Twitter.

    Tim Lenderking, the US special envoy for Yemen, earlier emphasized the importance of resolving the conflict in the war-torn country.

    “The US is in this effort to help Yemen truly turn the corner toward peace and security. A ceasefire is only one step. We must continue to build from there,” the envoy said during one of the forums on Middle Eastern security.

    Yemeni government troops and allied tribesmen, backed by Arab coalition jets, on Sunday repelled the “biggest and most fierce” Houthi assault of Marib since February.

    More than 200 Houthi militants were killed in clashes during recent days or in Arab coalition strikes during recent days, a Yemeni army commander said.