Head of Houthi delegation Mohammed Abdul-Salam (R) and Yemeni Foreign Minister Khaled al-Yaman (2 L) shake hands next to United Nations Secretary General Antonio Guterres and Swedish Foreign Minister Margot Wallstrom (L), during the Yemen peace talks closing press conference at the Johannesberg castle in Rimbo, near Stockholm December 13, 2018. TT News Agency/Pontus Lundahl via REUTERS     ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. SWEDEN OUT.
Yemeni Foreign Minister Khaled Al Yaman and head of the Houthi delegation Mohammed Abdul-Salam shake hands in Sweden. Reuters 

Yemen peace drive must maintain its momentum



US pressure meant to rally Arab Gulf countries behind Washington to confront Iran was the primary driver behind the push to prioritise ending the war in Yemen. Next, this will move in the direction of pulling the brake on Qatar's current policy, with a view to putting the Gulf house in order. The military pressure brought to bear by the Arab Coalition in Yemen also helped force the Houthi rebel leadership into negotiations, however, it may have been collective fatigue from the war that drove the concessions, with Yemen's warring parties agreeing to a ceasefire in the port city of Hodeidah, marking the biggest achievement of the UN's efforts to end the five-year-long conflict.

Saudi Arabia and the UAE played a key role in facilitating the efforts of the UN special envoy to Yemen, Martin Griffiths, by putting pressure on the internationally recognised government of President Abdrabu Mansur Hadi to acknowledge the facts on the ground, and by taking a bold decision to co-operate with the US roadmap, proposed by Defence Secretary James Mattis and Secretary of State Mike Pompeo in late October. Equally important, Riyadh and Abu Dhabi endorsed the principle of restoring and rebuilding Yemen’s human and physical infrastructure, and took pre-emptive and immediate steps to ensure post-war reconstruction begins in earnest. This is a promising start to end the war, but a nonetheless fragile start if the international community does not invest in Yemen’s people from all backgrounds and affiliations. The suffering of the people of Yemen has reached a tragic level requiring all sides to make major compromises, which made it easier for the UN to sell its strategy.

It must be said that claims by various media outlets and think tanks that the war in Yemen had no justification and that it represented Saudi aggression on Yemen are false. The truth is that Saudi national security was facing a major threat from the Yemeni border, as Iran stood behind the Houthi provocation. It is true that the war spiralled out of control with no clear end in sight, but this does not invalidate the fact that the Yemen war started with Iranian provocations of Saudi Arabia in a way that required pushback.

The Yemen war benefited Iran, and gave it a foothold on Saudi borders, where it could deploy its destabilising instruments, including missiles aimed at Saudi cities, and use Houthi rebels for goals unrelated to Yemen's interests. Iran failed to destabilise Saudi Arabia, but it succeeded in diverting Saudi resources to the war in Yemen, away from other arenas that Iran wanted to monopolise, such as Syria.

The ceasefire agreed this week in Sweden, backed unanimously by the Security Council, was reached despite Iranian non-co-operation. Iran does not have the sway to veto Houthi consent to peace and a new political framework, for two main reasons: first, the Houthis are exhausted and need to end the war just like the other side; second, the US embargo on Iran that many in the international community have gathered behind has left the Houthis with no choice but to make peace.

Iran’s role in Yemen is therefore on the back foot. Unprecedented US sanctions on Iran have prompted the Houthi leadership to realise that there is no way to achieve a balance of power in the war, which is why they have agreed to a roadmap of withdrawals, prisoner swaps, and international observers in Hodeidah.

This does not mean that Yemen is on the cusp of full recovery. First, there is a terrible accumulation of tragedies and doubts. Second, some in the Houthi ranks are pushing towards secession, or partition into two states, or a confederation of the north and south. Some in the ranks of the government of are still refusing to face facts and think they can achieve victory. In other words, Yemen remains in grave danger, even though the ceasefire and negotiations have marked the start of the beginning of the end of the war.

Mr Griffiths is a capable negotiator who has received unequivocal international backing, including that of Saudi Arabia and the UAE. What he has achieved was endorsed by a UN Security Council resolution that practically replaces Resolution 2186. At the level of public opinion, the political process has responded to the international bewilderment over the war, and has corrected the false perception that only one side, namely Saudi Arabia, is to blame.

Indeed, UN Secretary General Antonio Guterres thanked Saudi Crown Prince Mohammed bin Salman after the agreement, highlighting the central role Saudi Arabia has played to facilitate Mr Griffiths’ mission by pressuring the Yemeni government to make concrete concessions.

But a key driver of Yemen's peace talks has been the Trump administration, including Mr Mattis and Mr Pompeo. The comments made by Mr Mattis in Manama several weeks ago proved that Washington had a coherent plan to end the war in Yemen as soon as possible.

The US priority today is to fully circumvent Iran and combat terror from all types and sources. The Trump administration wants its Arab Gulf allies to support these priorities without distractions or divisions. The Yemen war distracted Saudi Arabia and the Qatar crisis has become a thorn in US efforts. That row now requires rapid efforts for its resolution, especially now Saudi Arabia and the UAE are reassured by the start of the endgame in Yemen.

The Trump administration wants to burn Iran’s bridges with Qatar, which has become the only outlet for Iranian influence in the Arab Gulf states. The US administration wants Qatar to end its support for organisations Washington designates as terrorist groups, and end support for extremists in Libya, Lebanon, Yemen, Palestine and elsewhere. But, on the other hand, the Trump administration is clear in its insistence to Saudi Arabia and the UAE that Qatar’s return to the Gulf fold is necessary, given its alliance with the US and the American military base it hosts. Removing Qatar from the embrace of Turkey and Iran is also a priority for US interests in the region. For this reason, Washington is exerting pressure and paving the way for the end of the Qatar crisis.

The Yemen agreement is an important step aimed at more than ending the painful war there. Yemen's recovery is vital to Red Sea security projects, but that recovery will not be possible unless there is a bold strategy that pre-empts the end of political negotiations to rebuild Yemen's physical and human infrastructure.

MATCH INFO

Barcelona 2
Suarez (10'), Messi (52')

Real Madrid 2
Ronaldo (14'), Bale (72')

The figures behind the event

1) More than 300 in-house cleaning crew

2) 165 staff assigned to sanitise public areas throughout the show

3) 1,000+ social distancing stickers

4) 809 hand sanitiser dispensers placed throughout the venue

COMPANY PROFILE

Name: SmartCrowd
Started: 2018
Founder: Siddiq Farid and Musfique Ahmed
Based: Dubai
Sector: FinTech / PropTech
Initial investment: $650,000
Current number of staff: 35
Investment stage: Series A
Investors: Various institutional investors and notable angel investors (500 MENA, Shurooq, Mada, Seedstar, Tricap)

Kill Bill Volume 1

Director: Quentin Tarantino
Stars: Uma Thurman, David Carradine and Michael Madsen
Rating: 4.5/5

Glossary of a stock market revolution

Reddit

A discussion website

Redditor

The users of Reddit

Robinhood

A smartphone app for buying and selling shares

Short seller

Selling a stock today in the belief its price will fall in the future

Short squeeze

Traders forced to buy a stock they are shorting 

Naked short

An illegal practice  

In 2018, the ICRC received 27,756 trace requests in the Middle East alone. The global total was 45,507.

 

There are 139,018 global trace requests that have not been resolved yet, 55,672 of these are in the Middle East region.

 

More than 540,000 individuals approached the ICRC in the Middle East asking to be reunited with missing loved ones in 2018.

 

The total figure for the entire world was 654,000 in 2018.

Honeymoonish

Director: Elie El Samaan

Starring: Nour Al Ghandour, Mahmoud Boushahri

Rating: 3/5

SPECS: Polestar 3

Engine: Long-range dual motor with 400V battery
Power: 360kW / 483bhp
Torque: 840Nm
Transmission: Single-speed automatic
Max touring range: 628km
0-100km/h: 4.7sec
Top speed: 210kph
Price: From Dh360,000
On sale: September

SPECS

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

MATCH INFO

UAE Division 1

Abu Dhabi Harlequins 12-24 Abu Dhabi Saracens

Rebel Moon – Part Two: The Scargiver review

Director: Zack Snyder
Starring: Sofia Boutella, Charlie Hunnam, Ed Skrein, Sir Anthony Hopkins
Rating: 2/5

COMPANY PROFILE

Name: Floward
Based: Riyadh, Saudi Arabia
Founders: Abdulaziz Al Loughani and Mohamed Al Arifi
Sector: E-commerce
Total funding: About $200 million
Investors: Aljazira Capital, Rainwater Partners, STV and Impact46
Number of employees: 1,200

Blonde

Director: Andrew Dominik
Stars: Ana de Armas, Adrien Brody, Bobby Cannavale
Rating: 3/5

THE DETAILS

Deadpool 2

Dir: David Leitch

Starring: Ryan Reynolds, Josh Brolin, Justin Dennison, Zazie Beetz

Four stars

HAEMOGLOBIN DISORDERS EXPLAINED

Thalassaemia is part of a family of genetic conditions affecting the blood known as haemoglobin disorders.

Haemoglobin is a substance in the red blood cells that carries oxygen and a lack of it triggers anemia, leaving patients very weak, short of breath and pale.

The most severe type of the condition is typically inherited when both parents are carriers. Those patients often require regular blood transfusions - about 450 of the UAE's 2,000 thalassaemia patients - though frequent transfusions can lead to too much iron in the body and heart and liver problems.

The condition mainly affects people of Mediterranean, South Asian, South-East Asian and Middle Eastern origin. Saudi Arabia recorded 45,892 cases of carriers between 2004 and 2014.

A World Health Organisation study estimated that globally there are at least 950,000 'new carrier couples' every year and annually there are 1.33 million at-risk pregnancies.

DEADPOOL & WOLVERINE

Starring: Ryan Reynolds, Hugh Jackman, Emma Corrin

Director: Shawn Levy

Rating: 3/5

The specs: McLaren 600LT

Price, base: Dh914,000

Engine: 3.8-litre twin-turbo V8

Transmission: Seven-speed automatic

Power: 600hp @ 7,500rpm

Torque: 620Nm @ 5,500rpm

Fuel economy 12.2.L / 100km

How to get exposure to gold

Although you can buy gold easily on the Dubai markets, the problem with buying physical bars, coins or jewellery is that you then have storage, security and insurance issues.

A far easier option is to invest in a low-cost exchange traded fund (ETF) that invests in the precious metal instead, for example, ETFS Physical Gold (PHAU) and iShares Physical Gold (SGLN) both track physical gold. The VanEck Vectors Gold Miners ETF invests directly in mining companies.

Alternatively, BlackRock Gold & General seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. Its largest portfolio holdings include gold miners Newcrest Mining, Barrick Gold Corp, Agnico Eagle Mines and the NewMont Goldcorp.

Brave investors could take on the added risk of buying individual gold mining stocks, many of which have performed wonderfully well lately.

London-listed Centamin is up more than 70 per cent in just three months, although in a sign of its volatility, it is down 5 per cent on two years ago. Trans-Siberian Gold, listed on London's alternative investment market (AIM) for small stocks, has seen its share price almost quadruple from 34p to 124p over the same period, but do not assume this kind of runaway growth can continue for long

However, buying individual equities like these is highly risky, as their share prices can crash just as quickly, which isn't what what you want from a supposedly safe haven.

'The Lost Daughter'

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Starring: Olivia Colman, Jessie Buckley, Dakota Johnson

Rating: 4/5

The specs: 2024 Mercedes E200

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On sale: November/December
Price: From Dh205,000 (estimate)