RIYADH // Saudi Arabia, concerned that chaos in Yemen would further embolden Al Qaeda on its own doorstep, pledged US$3.25 billion (Dh11.9bn) in aid to its neighbour at a donors' meeting two days after more than 90 Yemeni soldiers were killed in a suicide attack.
Riyadh, which already provides oil and military aid to its impoverished neighbour, convened western and Gulf nations to see how they can help Yemen push ahead with reforms and tackle its poverty and lawlessness.
"I assert one more time our support to Yemen to back all the phases of the political initiative to help achieve security, stability and prosperity in facing the threats of extremism and terrorism," Saudi Foreign Minister Saud Al Faisal told envoys yesterday.
The donor group, which is co-chaired by Britain, was discussing political developments since President Ali Abdullah Saleh stepped down in February, ending his three-decade rule in the Arabian Peninsula state after nearly a year of mass protests.
The UAE is among countries from the Gulf Cooperation Council that attended the meeting, as did the United States, the European Union, France, Egypt and Russia, the International Monetary Fund and the World Bank.
Monday's attack on a military parade in Sanaa was the latest violent incident in a country wracked by political turmoil, where the army has split into rival factions and much of the south has fallen under the control of an Islamist militia allied to Al Qaeda's local wing.
Saudi Arabia and Western countries have watched with mounting alarm as Al Qaeda in the Arabian Peninsula (AQAP) has taken advantage of the lawlessness to set up a base capable of planning sophisticated international attacks.
In early May, Washington said western and Arab intelligence agencies had foiled a bomb plot aimed at a passenger airplane. In October 2010, AQAP had tried to send bomb-laden parcels to the United States and in 2009, a bomber from Yemen was caught trying to ignite explosives on a US-bound flight.
Yesterday's donor meeting is aimed at strengthening the Yemeni state and returning a semblance of economic stability to a country where 40 per cent of the population lives on less than $2 a day.
Yemen's modest oil exports that were a source of foreign exchange were hit by repeated attacks on pipelines last year. Yemen is rapidly depleting the water in its aquifers, and by some estimates the capital Sanaa may run out of water in the coming decade or sooner.
The Planning and International Cooperation Minister told the conference his country needed an initial $2.17 billion to help stabilise the country, fight militant attacks and ease a humanitarian crisis.
It required a further $5.8 billion in future to develop the economy and national infrastructure, with $3.7 billion needed by 2014, he added.
As the meeting began, Sakhr Ahmed Al Wajeeh, the Yemeni finance minister, said he would be happy if his country achieved economic growth of 1 per cent in 2012, and that even this modest goal relied on foreign generosity.
Yemen is likely to run a $2.5 billion budget deficit this year, he added. But he was unable to say by how much the economy had contracted during the political turmoil of 2011.
"The [Saudi] contribution will support development projects agreed upon," Prince Saud said, without giving details on how the money would be disbursed.
Some $3 billion of aid pledged by the Friends of Yemen group when it first met in 2006 has still not been delivered, the government said in February.
Yemen's Deputy Finance Minister, Jalal Yaqoub, told Reuters: "Saudi Arabia has shown great generosity ... Yemen has to increase its capacity to absorb these funds efficiently. This money must be translated into projects that citizens can actually feel."
In April the IMF resumed lending to Yemen, approving the payment of a $93.7 million loan to help it address a balance of payments deficit that worsened during the political turmoil.
The specs
Engine: 2.0-litre turbo 4-cyl
Transmission: eight-speed auto
Power: 190bhp
Torque: 300Nm
Price: Dh169,900
On sale: now
The specs: 2018 Volkswagen Teramont
Price, base / as tested Dh137,000 / Dh189,950
Engine 3.6-litre V6
Gearbox Eight-speed automatic
Power 280hp @ 6,200rpm
Torque 360Nm @ 2,750rpm
Fuel economy, combined 11.7L / 100km
57 Seconds
Director: Rusty Cundieff
Stars: Josh Hutcherson, Morgan Freeman, Greg Germann, Lovie Simone
Rating: 2/5
Company Profile
Company name: Cargoz
Date started: January 2022
Founders: Premlal Pullisserry and Lijo Antony
Based: Dubai
Number of staff: 30
Investment stage: Seed
UAE currency: the story behind the money in your pockets
The specs
Engine: 4-litre twin-turbo V8
Transmission: nine-speed
Power: 542bhp
Torque: 700Nm
Price: Dh848,000
On sale: now
The specs
Engine: 2.0-litre 4-cyl
Power: 153hp at 6,000rpm
Torque: 200Nm at 4,000rpm
Transmission: 6-speed auto
Price: Dh99,000
On sale: now
COMPANY PROFILE
Company name: Revibe
Started: 2022
Founders: Hamza Iraqui and Abdessamad Ben Zakour
Based: UAE
Industry: Refurbished electronics
Funds raised so far: $10m
Investors: Flat6Labs, Resonance and various others
Easter Sunday
Director: Jay Chandrasekhar
Stars: Jo Koy, Tia Carrere, Brandon Wardell, Lydia Gaston
Rating: 3.5/5
Company Profile
Company name: Hoopla
Date started: March 2023
Founder: Jacqueline Perrottet
Based: Dubai
Number of staff: 10
Investment stage: Pre-seed
Investment required: $500,000
MATCH INFO
Manchester United 2 (Heaton (og) 42', Lindelof 64')
Aston Villa 2 (Grealish 11', Mings 66')
COMPANY PROFILE
Company name: Klipit
Started: 2022
Founders: Venkat Reddy, Mohammed Al Bulooki, Bilal Merchant, Asif Ahmed, Ovais Merchant
Based: Dubai, UAE
Industry: Digital receipts, finance, blockchain
Funding: $4 million
Investors: Privately/self-funded
PREMIER LEAGUE FIXTURES
Saturday (UAE kick-off times)
Watford v Leicester City (3.30pm)
Brighton v Arsenal (6pm)
West Ham v Wolves (8.30pm)
Bournemouth v Crystal Palace (10.45pm)
Sunday
Newcastle United v Sheffield United (5pm)
Aston Villa v Chelsea (7.15pm)
Everton v Liverpool (10pm)
Monday
Manchester City v Burnley (11pm)
On Instagram: @WithHopeUAE
Although social media can be harmful to our mental health, paradoxically, one of the antidotes comes with the many social-media accounts devoted to normalising mental-health struggles. With Hope UAE is one of them.
The group, which has about 3,600 followers, was started three years ago by five Emirati women to address the stigma surrounding the subject. Via Instagram, the group recently began featuring personal accounts by Emiratis. The posts are written under the hashtag #mymindmatters, along with a black-and-white photo of the subject holding the group’s signature red balloon.
“Depression is ugly,” says one of the users, Amani. “It paints everything around me and everything in me.”
Saaed, meanwhile, faces the daunting task of caring for four family members with psychological disorders. “I’ve had no support and no resources here to help me,” he says. “It has been, and still is, a one-man battle against the demons of fractured minds.”
In addition to With Hope UAE’s frank social-media presence, the group holds talks and workshops in Dubai. “Change takes time,” Reem Al Ali, vice chairman and a founding member of With Hope UAE, told The National earlier this year. “It won’t happen overnight, and it will take persistent and passionate people to bring about this change.”
Nick's journey in numbers
Countries so far: 85
Flights: 149
Steps: 3.78 million
Calories: 220,000
Floors climbed: 2,000
Donations: GPB37,300
Prostate checks: 5
Blisters: 15
Bumps on the head: 2
Dog bites: 1
THE SPECS
Engine: 3.6-litre V6
Transmission: eight-speed automatic
Power: 285bhp
Torque: 353Nm
Price: TBA
On sale: Q2, 2020
GOODBYE JULIA
Director: Mohamed Kordofani
Starring: Siran Riak, Eiman Yousif, Nazar Goma
Rating: 5/5
Usain Bolt's World Championships record
2007 Osaka
200m Silver
4x100m relay Silver
2009 Berlin
100m Gold
200m Gold
4x100m relay Gold
2011 Daegu
100m Disqualified in final for false start
200m Gold
4x100m relay Gold
2013 Moscow
100m Gold
200m Gold
4x100m relay Gold
2015 Beijing
100m Gold
200m Gold
4x100m relay Gold
Details
Through Her Lens: The stories behind the photography of Eva Sereny
Forewords by Jacqueline Bisset and Charlotte Rampling, ACC Art Books
RESULTS
5pm: Maiden (PA) Dh80,000 1,400m, Winner SS Lamea, Saif Al Balushi (jockey), Ibrahim Al Hadhrami (trainer).
5.30pm: Wathba Stallions Cup Handicap (PA) Dh70,000 1,400m, Winner AF Makerah, Sean Kirrane, Ernst Oertel
6pm: Handicap (PA) Dh80,000 1,600m, Winner Maaly Al Reef, Brett Doyle, Abdallah Al Hammadi
6.30pm: Handicap (PA) Dh90,000 1,600m, Winner AF Momtaz, Antonio Fresu, Musabah Al Muhairi
7pm: Handicap (PA) Dh80,000 2,200m, Winner Morjanah Al Reef, Brett Doyle, Abdallah Al Hammadi
7.30pm: Handicap (TB) Dh100,000 2,200m, Winner Mudarrab, Jim Crowley, Erwan Charpy
Reputation
Taylor Swift
(Big Machine Records)
Voy! Voy! Voy!
Director: Omar Hilal
Stars: Muhammad Farrag, Bayoumi Fouad, Nelly Karim
Rating: 4/5
The Year Earth Changed
Directed by:Tom Beard
Narrated by: Sir David Attenborough
Stars: 4
Drishyam 2
Directed by: Jeethu Joseph
Starring: Mohanlal, Meena, Ansiba, Murali Gopy
Rating: 4 stars
RACECARD
6pm+Emaar Dubai Sprint+– Conditions+(TB)+$60,000+(Turf) 1,200m
6.35pm+Graduate Stakes+– Conditions+(TB)+$100,000+(Dirt) 1,600m
7.10pm+Al Khail Trophy+– Listed+(TB)+$100,000+(T) 2,810m
7.45pm+UAE 1000 Guineas+– Listed+(TB)+$150,000+(D) 1,600m
8.20pm+Zabeel Turf+– Listed+(TB)+$100,000+(T) 2,000m
8.55pm+Downtown Dubai Cup+– Rated Conditions+(TB)+$80,000+(D) 1,400m
9.30pm+Zabeel Mile+– Group 2+(TB)+$180,000+(T) 1,600m
10.05pm Dubai Sprint+– Listed+(TB)+$100,000+(T) 1,200m
Results
3pm: Maiden Dh165,000 (Dirt) 1,400m, Winner: Lancienegaboulevard, Adrie de Vries (jockey), Fawzi Nass (trainer).
3.35pm: Maiden Dh165,000 (Turf) 1,600m, Winner: Al Mukhtar Star, Adrie de Vries, Fawzi Nass.
4.10pm: Handicap Dh165,000 (D) 2,000m, Winner: Gundogdu, Xavier Ziani, Salem bin Ghadayer.
4.45pm: Handicap Dh185,000 (T) 1,200m, Winner: Speedy Move, Sean Kirrane, Satish Seemar.
5.20pm: Handicap Dh185,000 (D) 1,600m, Winner: Moqarrar, Dane O’Neill, Erwan Charpy.
5.55pm: Handicap Dh175,000 (T) 1,800m, Winner: Dolman, Richard Mullen, Satish Seemar.
The specs
Engine: 2.0-litre 4-cyl, 48V hybrid
Transmission: eight-speed automatic
Power: 325bhp
Torque: 450Nm
Price: Dh289,000
I Care A Lot
Directed by: J Blakeson
Starring: Rosamund Pike, Peter Dinklage
3/5 stars
The National in Davos
We are bringing you the inside story from the World Economic Forum's Annual Meeting in Davos, a gathering of hundreds of world leaders, top executives and billionaires.