A volley of missiles targeted Saudi Arabia on Sunday, their origin Houthi-controlled Yemen. Their objective was to bring death to the streets of Saudi Arabia, which has been leading an Arab coalition to restore the legitimate government of Yemen, toppled three years ago by Iran-backed Houthi militias. Riyadh, which has been targeted before, successfully intercepted the missiles, but at least one person was killed and two others injured when shrapnel fell on a residential area. This represents a grave escalation. As Turki Al Maliki, the spokesman of the Arab coalition, said: “The firing of multiple ballistic missiles towards cities is a serious development.” While Riyadh takes steps to protect its citizens, there has been global condemnation of the attack. The UAE’s Ministry of Foreign Affairs and International Cooperation said it “underscores the need for a firm stance” and urged the international community “to confront this serious scourge to ensure stability in the region”.
The rest of the world should follow its lead by throwing off any vestiges of apathy towards a destablising influence in the region. The Iranian regime is the reason Houthi militias are a potent threat today. It is Tehran that armed, financed and equipped the Houthis – and numerous other proxy gangs and militant organisations – in its monomaniacal pursuit of regional dominance. The projectiles that landed in Saudi Arabia on Sunday are facsimiles of Iranian ballistic missiles. The US government has in the past provided incontrovertible proof of the Iranian provenance of missiles in Houthi possession. Now a meticulous new report by the UK’s Conflict Armament Research traces the transfer of weapons from Iran to the Houthis to January 2013.
As world powers were busy negotiating with Iran to hammer out the nuclear deal, its leaders were furtively shipping arms to the Houthis. Those who believed they were reining in Iran with the nuclear deal were, it turns out, being grossly misled. The heightened threat to the security of the Arab world and the worsening humanitarian situation in Yemen are among the most baleful consequences of this charade that was supposed to moderate Iran’s behaviour. The Houthis have failed in every aspect of governance, from providing basic infrastructure to healthcare. There are more than a million cases of cholera and diphtheria is on the rise, but aid is often blocked or looted at Houthi checkpoints. Residents in Houthi-run areas are forced to pay taxes on essential items to finance the Houthis’ reign of terror. The UN’s Children Fund has warned that, under the prevailing circumstances, another outbreak of cholera is inevitable when the rainy season begins a few weeks from now. It is now clear that Yemen’s destruction was always part of the Iranian regime’s scramble for hegemony. Relief to the Yemenis will come only when it retreats. But Tehran is delusional if it believes that missiles will deter the Arab coalition from continuing its fight on Yemenis’ behalf.
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
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MIDWAY
Produced: Lionsgate Films, Shanghai Ryui Entertainment, Street Light Entertainment
Directed: Roland Emmerich
Cast: Ed Skrein, Woody Harrelson, Dennis Quaid, Aaron Eckhart, Luke Evans, Nick Jonas, Mandy Moore, Darren Criss
Rating: 3.5/5 stars
Jigra
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
Financial considerations before buying a property
Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.
“If it’s a rental property, plan for the property to have periods when it does not have a tenant. Ensure you have enough cash set aside to pay the mortgage and other costs during these periods, ideally at least six months,” she says.
Also, shop around for the best mortgage interest rate. Understand the terms and conditions, especially what happens after any introductory periods, Ms Glynn adds.
Using a good mortgage broker is worth the investment to obtain the best rate available for a buyer’s needs and circumstances. A good mortgage broker will help the buyer understand the terms and conditions of the mortgage and make the purchasing process efficient and easier.
Company profile
Name: Tratok Portal
Founded: 2017
Based: UAE
Sector: Travel & tourism
Size: 36 employees
Funding: Privately funded
UAE currency: the story behind the money in your pockets
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'The Lost Daughter'
Director: Maggie Gyllenhaal
Starring: Olivia Colman, Jessie Buckley, Dakota Johnson
Rating: 4/5
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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COMPANY%20PROFILE
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
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Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5