Yemen's Houthis detain two more UN staff in Sanaa


Mina Aldroubi
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Yemen’s Houthi rebels have detained two more UN staff in the capital Sanaa over the past 48 hours, the agency said, marking the latest in a series of attacks on aid workers.

The rebels' actions "include the forcible entry and occupation of UN premises, seizure of assets and the repeated arbitrary detention of United Nations personnel, 55 of whom remain in detention," Farhan Haqq, the deputy UN spokesperson, said late on Friday.

"Two of those personnel were detained yesterday," he said.

In total, 55 aid workers are being held by the Houthis, along with personnel from other non-government and civil society organisations and diplomatic missions. The detainees are believed to be local Yemeni staff.

“Since 2021, the de facto authorities have taken a number of steps that have made it increasingly difficult for the UN to provide assistance to Yemenis," Mr Haqq said.

The UN will have to "reassess the way in which we work in areas controlled by the Houthis”, he added.

This week, 20 UN staff, including 15 foreigners, were released after being held in their compound since a raid last Saturday.

Houthi leader Abdul Malik Al Houthi has accused UN personnel of spying for Israel and identifying targets for the Israeli bombings that killed Houthi Prime Minister Ahmed Al Rahawi and a dozen members of his cabinet in August.

The Iran-aligned rebels, part of the so-called Axis of Resistance against Israel and the US, have frequently fired on ships in the Red Sea and on Israeli territory during the two-year Gaza war, attacks they say are in solidarity with the Palestinians.

Liberian-flagged bulk carrier the Magic Seas sinks after being attacked in the Red Sea off the port city of Hodeidah, Yemen, in July. EPA
Liberian-flagged bulk carrier the Magic Seas sinks after being attacked in the Red Sea off the port city of Hodeidah, Yemen, in July. EPA

'Systematic escalation'

The internationally recognised Yemeni government has condemned the latest arrests, describing them as an escalation.

"We strongly condemn the recent campaign launched by the Iran-backed Houthi terrorist militia over the past 24 hours against UN personnel in the hijacked capital, Sanaa," Information Minister Moammar Al Eryani said.

"This systematic escalation reaffirms that the Houthi militia does not recognise the law, respect international conventions, or adhere to the minimum humanitarian standards, treating international organisations and their workers as hostages and tools for political extortion," he said.

The silence from the UN is encouraging the Houthis to commit further crimes against Yemeni and international aid workers, Majid Al Fadhil, Yemen's Deputy Human Rights Minister, told The National.

"The UN in Yemen must bear full responsibility for the safety and security of their staff. We affirm that turning a blind eye to the Houthi crimes constitutes a crime in itself and constitutes actual complicity in these violations," Mr Al Fadhil said.

"This suspicious silence has encouraged the Houthis to increase their crimes. It started with attacks on local staff. They have now extended to include international staff and UN offices themselves," added the Yemeni official.

On Monday, the UN said the five Yemeni UN staff detained last weekend had been released and the 15 foreign staff were "free to move inside the UN compound", and were in contact with their families. It said Houthi security personnel had left the site.

Those held included Peter Hawkins, the representative of children's agency Unicef in Yemen. Dozens of UN personnel have been arrested in recent months in Houthi-controlled areas.

On Wednesday, the rebels released a dozen international UN staff members and allowed three others to move freely in the UN compound. The 12 international workers left Sanaa on a UN humanitarian flight, with some relocating to Jordan to continue their work.

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Reform is a right-wing, populist party led by Nigel Farage, a former MEP who won a seat in the House of Commons last year at his eighth attempt and a prominent figure in the campaign for the UK to leave the European Union.

It was founded in 2018 and originally called the Brexit Party.

Many of its members previously belonged to UKIP or the mainstream Conservatives.

After Brexit took place, the party focused on the reformation of British democracy.

Former Tory deputy chairman Lee Anderson became its first MP after defecting in March 2024.

The party gained support from Elon Musk, and had hoped the tech billionaire would make a £100m donation. However, Mr Musk changed his mind and called for Mr Farage to step down as leader in a row involving the US tycoon's support for far-right figurehead Tommy Robinson who is in prison for contempt of court.

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Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

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Updated: October 26, 2025, 6:45 AM