INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

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.

US shoots down four Houthi drones in Red Sea

Around 12 percent of global trade normally passes through the Red Sea. (AFP)
  • US Central Command that its forces had "engaged and destroyed four long-range unmanned aerial systems" at around 2 am Sanaa time adding there were no injuries
  • Actions against Houthis are taken to protect freedom of navigation and make international waters safer and more secure for US Navy and merchant vessels," CENTCOM added

Washington, United States– The United States military said Wednesday it had downed four drones launched by Iran-backed Houthi forces in Yemen aimed at a US warship in the Red Sea.

US Central Command said in a statement on X, formerly Twitter, that its forces had “engaged and destroyed four long-range unmanned aerial systems” at around 2 am Sanaa time (2300 GMT), adding there were no injuries or damage reported to US or coalition ships.

“It was determined these weapons presented an imminent threat to merchant vessels and US Navy ships in the region,” the statement said.

“These actions are taken to protect freedom of navigation and make international waters safer and more secure for US Navy and merchant vessels,” it added.

In November, the Houthis launched a campaign of drone and missile strikes against vessels in the Red Sea, an area vital for world trade, in professed solidarity with Palestinians during Israel’s war against Hamas in the Gaza Strip.

US and British forces have responded with strikes against the Houthis, who have since declared American and British interests to be legitimate targets as well.