Cars and buildings damaged by debris from the intercepted Houthi ballistic missile that landed in an industrial area in Dhahran Al Janub, Saudi Arabia. Photo: Saudi Press Agency
Cars and buildings damaged by debris from the intercepted Houthi ballistic missile that landed in an industrial area in Dhahran Al Janub, Saudi Arabia. Photo: Saudi Press Agency
Cars and buildings damaged by debris from the intercepted Houthi ballistic missile that landed in an industrial area in Dhahran Al Janub, Saudi Arabia. Photo: Saudi Press Agency
Cars and buildings damaged by debris from the intercepted Houthi ballistic missile that landed in an industrial area in Dhahran Al Janub, Saudi Arabia. Photo: Saudi Press Agency

Houthi missile injures two in latest attacks on Saudi Arabia


Ismaeel Naar
  • English
  • Arabic

A Houthi rocket struck a Saudi city wounding two and another was shot down by coalition air defences causing damage early on Monday in the latest attacks by the Yemeni rebels against the kingdom.

A missile hit an industrial area in a town in the south-western Saudi region of Jazan, causing damage to workshops and civilian vehicles in the area. Two residents, one of Bangladeshi nationality and the other of Sudanese nationality, were injured.

Hours later, air defence teams shot down a missile over the industrial zone of the border town of Dhahran Al Janub. The debris from the missile caused damage on the ground, state media said.

The coalition said it destroyed the ballistic missile launcher used in Monday's intercepted attack in the north-east Yemeni province of Al Jawf.

The coalition also intercepted and destroyed two drones that were launched at the kingdom from Al Jawf province.

Houthi attacks have become increasingly common, with air defence teams intercepting rockets and drones on an almost daily basis.

The Houthi drone and missile programme has, since the war began in 2015, become increasingly sophisticated. Experts and officials say the Yemeni rebels have been aided by Iran and its main proxy Hezbollah.

Two ballistic missiles aimed at Abu Dhabi were also shot down in the early hours of Monday, the UAE Ministry of Defence said.

The ministry said the attack “did not result in any casualties, as the remnants of the intercepted and destroyed ballistic missiles fell in separate areas around the emirate".

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

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What the law says

Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.

“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.

“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”

If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.

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Dream City: San Francisco

Hometown: Dubai

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The Hindu festival is at once a celebration of the autumn harvest and the triumph of good over evil, as outlined in the Ramayana.

According to the Sanskrit epic, penned by the sage Valmiki, Diwali marks the time that the exiled king Rama – a mortal with superhuman powers – returned home to the city of Ayodhya with his wife Sita and brother Lakshman, after vanquishing the 10-headed demon Ravana and conquering his kingdom of Lanka. The people of Ayodhya are believed to have lit thousands of earthen lamps to illuminate the city and to guide the royal family home.

In its current iteration, Diwali is celebrated with a puja to welcome the goodness of prosperity Lakshmi (an incarnation of Sita) into the home, which is decorated with diyas (oil lamps) or fairy lights and rangoli designs with coloured powder. Fireworks light up the sky in some parts of the word, and sweetmeats are made (or bought) by most households. It is customary to get new clothes stitched, and visit friends and family to exchange gifts and greetings.  

 

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Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Building boom turning to bust as Turkey's economy slows

Deep in a provincial region of northwestern Turkey, it looks like a mirage - hundreds of luxury houses built in neat rows, their pointed towers somewhere between French chateau and Disney castle.

Meant to provide luxurious accommodations for foreign buyers, the houses are however standing empty in what is anything but a fairytale for their investors.

The ambitious development has been hit by regional turmoil as well as the slump in the Turkish construction industry - a key sector - as the country's economy heads towards what could be a hard landing in an intensifying downturn.

After a long period of solid growth, Turkey's economy contracted 1.1 per cent in the third quarter, and many economists expect it will enter into recession this year.

The country has been hit by high inflation and a currency crisis in August. The lira lost 28 per cent of its value against the dollar in 2018 and markets are still unconvinced by the readiness of the government under President Recep Tayyip Erdogan to tackle underlying economic issues.

The villas close to the town centre of Mudurnu in the Bolu region are intended to resemble European architecture and are part of the Sarot Group's Burj Al Babas project.

But the development of 732 villas and a shopping centre - which began in 2014 - is now in limbo as Sarot Group has sought bankruptcy protection.

It is one of hundreds of Turkish companies that have done so as they seek cover from creditors and to restructure their debts.

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France, UK, Canada, Australia, Portugal, Belgium, Malta, Luxembourg, San Marino and Andorra

 

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Profile of Foodics

Founders: Ahmad AlZaini and Mosab AlOthmani

Based: Riyadh

Sector: Software

Employees: 150

Amount raised: $8m through seed and Series A - Series B raise ongoing

Funders: Raed Advanced Investment Co, Al-Riyadh Al Walid Investment Co, 500 Falcons, SWM Investment, AlShoaibah SPV, Faith Capital, Technology Investments Co, Savour Holding, Future Resources, Derayah Custody Co.

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The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

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Director: Christopher Nolan

Stars: John David Washington, Robert Pattinson, Elizabeth Debicki, Dimple Kapadia, Michael Caine, Kenneth Branagh 

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MATCH INFO

Manchester United 6 (McTominay 2', 3'; Fernandes 20', 70' pen; Lindelof 37'; James 65')

Leeds United 2 (Cooper 41'; Dallas 73')

Man of the match: Scott McTominay (Manchester United)

Updated: January 25, 2022, 3:41 AM