Missiles and drone aircraft on display at an exhibition at an unidentified location in Yemen in this undated photo released by the Houthi Media Office in 2019. Reuters
Missiles and drone aircraft on display at an exhibition at an unidentified location in Yemen in this undated photo released by the Houthi Media Office in 2019. Reuters
Missiles and drone aircraft on display at an exhibition at an unidentified location in Yemen in this undated photo released by the Houthi Media Office in 2019. Reuters
Missiles and drone aircraft on display at an exhibition at an unidentified location in Yemen in this undated photo released by the Houthi Media Office in 2019. Reuters

Saudi-led coalition intercepts Houthi drone as Yemen battles continue


Ismaeel Naar
  • English
  • Arabic

Saudi Arabia’s air defences intercepted and destroyed a drone launched towards the kingdom by Yemen's Iran-backed Houthi rebels, the Saudi-led coalition supporting the Yemeni government said on Thursday morning.

The interception was announced hours after the coalition said it received a distress call from an oil tanker facing armed harassment off Yemen’s Red Sea coast.

The coalition had earlier said it monitored and documented “preparations for hostile action by an explosive-laden boat from the Yemeni port of Saleef”.

The Houthis have increased aerial and maritime attacks amid reports of heavy losses on the battlefield.

Earlier this week the rebels hijacked a United Arab Emirates-flagged cargo ship carrying medical supplies near Hodeidah, Yemen's main Red Sea port, the coalition said.

The Yemeni army on Wednesday said that it made several advances against the rebels on several fronts in the northern province of Marib, while allied forces in the south this week reported significant gains in Shabwa province.

The army's media centre said troops backed by the Popular Resistance forces launched a sweeping attack in Al Kasara area in western Marib and inflicted heavy losses on the rebels.

The civil war in Yemen began in late 2014 when the Houthi rebels seized the capital, Sanaa, and much of the north, forcing the government to flee south. The Saudi-led coalition, backed at the time by the United States, entered the war months later to try to restore the government to power.

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Dust and sand storms compared

Sand storm

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  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
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August, 2021: Host - United States; Teams - UAE, United States and Scotland

Between September and November, 2021 (dates TBC): Host - Namibia; Teams - Namibia, Oman, UAE

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February, 2022: Hosts - Nepal; Teams - UAE, Nepal, PNG

June, 2022: Hosts - Scotland; Teams - UAE, United States, Scotland

September, 2022: Hosts - PNG; Teams - UAE, PNG, Nepal

February, 2023: Hosts - UAE; Teams - UAE, PNG, Nepal

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What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

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Updated: January 06, 2022, 10:47 AM