INSEAD Day 4 - 728x90

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Google to invest $6.4bn

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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.

Yemen: New leadership council takes office in bid to end war

Rashad al-Alimi, President of Yemen’s new leadership council. (AFP)
  • The newly formed, eight-man leadership council performed a largely symbolic swearing-in in Aden in front of members of a parliament elected in 2003.
  • Yemen’s President Abed Rabbo Mansour Hadi handed over his “full powers” to the new council in a televised address on April 7

Yemen’s new leaders took a ceremonial oath of office under tight security on Tuesday, completing a major shake-up aimed at ending seven years of war with the Iran-backed Houthis.

The newly formed, eight-man leadership council performed a largely symbolic swearing-in in Aden in front of members of a parliament elected in 2003, as hundreds of soldiers patrolled the southern city, a government official told AFP.

Yemen’s President Abed Rabbo Mansour Hadi handed over his “full powers” to the new council in a televised address on April 7.

The ceremony was not announced in advance and was held at an undisclosed location for security reasons. In December 2020, about 20 people died in an attack on Aden airport as government officials arrived.

A fragile, UN-brokered truce has been holding since April 2, the start of the Muslim holy month of Ramadan, providing a rare respite from fighting.

UN special envoy Hans Grundberg attended the swearing-in, along with ambassadors from European and Arab countries, the government official and parliament members told AFP.