General Joseph Votel, commander of the US Central Command, said Iran has “enhanced” its support and funding for proxy forces in the Middle East / AFP
General Joseph Votel, commander of the US Central Command, said Iran has “enhanced” its support and funding for proxy forces in the Middle East / AFP
General Joseph Votel, commander of the US Central Command, said Iran has “enhanced” its support and funding for proxy forces in the Middle East / AFP
General Joseph Votel, commander of the US Central Command, said Iran has “enhanced” its support and funding for proxy forces in the Middle East / AFP

US general: Iran achieved in five years in Yemen what it did in Lebanon in two decades


Joyce Karam
  • English
  • Arabic

A senior US military commander sounded the alarm on Iran’s role in Yemen on Tuesday, telling Congress that Tehran has accelerated the pace in arming and supporting the Houthis, and has achieved in five years in the war-ravaged country what took it two decades in Lebanon with Hezbollah.

US Central Command (CENTCOM) chief General Joseph Votel said on Tuesday that Iran had “enhanced” its support and funding for proxy forces in the Middle East following the nuclear agreement signed in July 2015.

“Iran has extended its tentacles across the region through numerous proxies, including Lebanese Hezbollah operating in multiple countries, hardline Iranian-backed Shia militia groups (SMGs) in Iraq and Syria, and Iranian support has enabled the Houthis [in Yemen],” Mr Votel told the House Armed Services Committee. The result, he said, “is prolonging the civil war in Yemen, threatening Saudi Arabia and the UAE, and risking expansion of Yemen’s civil war into a regional conflict”.

The general accused Tehran of continuing to develop advanced ballistic missile capabilities and transferring them to the Houthis. This threat, he said, “will enable them to strike US partners and allies” in the Gulf region.

“We go to China Lake to test our weapons systems. [Iran] go to test their weapons systems in Yemen,” Mr Votel said. Across the Middle East, Iran was “the major threat to US interests and partnerships”, and is “working through proxies and friendly political allies in Iraq, Syria and Lebanon to establish an arc of influence”, which Mr Votel called the "Shia Crescent".

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Separately, at the United Nations in New York, the Security Council held closed consultations about the conflict in Yemen, coinciding with UN envoy Ismail Ould Cheikh Ahmed concluding his mission and passing the torch to Martin Griffiths.

In his departing remarks Mr Ahmed blamed the “destructive pattern of zero-sum politics which has led [Yemen] to plunge into more poverty and destruction”.

After three years in the job, Mr Ahmed revealed that the Yemeni parties squandered an opportunity for a political settlement in Kuwait in 2016. “I would like to announce, for the first time, that we were about to reach agreement on a peace proposal, developed in consultation with the parties, but they refused to sign in the last minute” he said.

“In the end of the consultations, it became clear that the Houthis were not prepared to make concessions on the proposed security arrangements,” he said.

Mr Ahmed spoke of renewed and large-scale escalation of military confrontations in Al Hodeidah, Al Jawf, Sanaa and Al Baida as well as areas along the Yemeni-Saudi border. "The Houthis continue to fire ballistic missiles into the Kingdom of Saudi Arabia," he said.

He reiterated his concern about "reports from several humanitarian organisations on the recruitment of thousands of child soldiers." Mr Ahmed said "the systematic recruitment of children by the Houthis may have negative implications on the future of the country".

In his parting remarks, Mr Ahmed stressed twice that "only the Yemeni decision makers are able to stop the war and the bloodshed" and that more than 22 million Yemenis are in need of some assistance.

French business

France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.

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Director: Zack Snyder

Stars: Dave Bautista, Ella Purnell, Omari Hardwick, Ana de la Reguera

Three stars

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

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How to invest in gold

Investors can tap into the gold price by purchasing physical jewellery, coins and even gold bars, but these need to be stored safely and possibly insured.

A cheaper and more straightforward way to benefit from gold price growth is to buy an exchange-traded fund (ETF).

Most advisers suggest sticking to “physical” ETFs. These hold actual gold bullion, bars and coins in a vault on investors’ behalf. Others do not hold gold but use derivatives to track the price instead, adding an extra layer of risk. The two biggest physical gold ETFs are SPDR Gold Trust and iShares Gold Trust.

Another way to invest in gold’s success is to buy gold mining stocks, but Mr Gravier says this brings added risks and can be more volatile. “They have a serious downside potential should the price consolidate.”

Mr Kyprianou says gold and gold miners are two different asset classes. “One is a commodity and the other is a company stock, which means they behave differently.”

Mining companies are a business, susceptible to other market forces, such as worker availability, health and safety, strikes, debt levels, and so on. “These have nothing to do with gold at all. It means that some companies will survive, others won’t.”

By contrast, when gold is mined, it just sits in a vault. “It doesn’t even rust, which means it retains its value,” Mr Kyprianou says.

You may already have exposure to gold miners in your portfolio, say, through an international ETF or actively managed mutual fund.

You could spread this risk with an actively managed fund that invests in a spread of gold miners, with the best known being BlackRock Gold & General. It is up an incredible 55 per cent over the past year, and 240 per cent over five years. As always, past performance is no guide to the future.

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UAE currency: the story behind the money in your pockets
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Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

While you're here
At a glance

- 20,000 new jobs for Emiratis over three years

- Dh300 million set aside to train 18,000 jobseekers in new skills

- Managerial jobs in government restricted to Emiratis

- Emiratis to get priority for 160 types of job in private sector

- Portion of VAT revenues will fund more graduate programmes

- 8,000 Emirati graduates to do 6-12 month replacements in public or private sector on a Dh10,000 monthly wage - 40 per cent of which will be paid by government

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Other ways to buy used products in the UAE

UAE insurance firm Al Wathba National Insurance Company (AWNIC) last year launched an e-commerce website with a facility enabling users to buy car wrecks.

Bidders and potential buyers register on the online salvage car auction portal to view vehicles, review condition reports, or arrange physical surveys, and then start bidding for motors they plan to restore or harvest for parts.

Physical salvage car auctions are a common method for insurers around the world to move on heavily damaged vehicles, but AWNIC is one of the few UAE insurers to offer such services online.

For cars and less sizeable items such as bicycles and furniture, Dubizzle is arguably the best-known marketplace for pre-loved.

Founded in 2005, in recent years it has been joined by a plethora of Facebook community pages for shifting used goods, including Abu Dhabi Marketplace, Flea Market UAE and Arabian Ranches Souq Market while sites such as The Luxury Closet and Riot deal largely in second-hand fashion.

At the high-end of the pre-used spectrum, resellers such as Timepiece360.ae, WatchBox Middle East and Watches Market Dubai deal in authenticated second-hand luxury timepieces from brands such as Rolex, Hublot and Tag Heuer, with a warranty.

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Starring: Mila Kunis, Kathryn Hahn, Kristen Bell, Susan Sarandon, Christine Baranski, Cheryl Hines
Two stars

Polarised public

31% in UK say BBC is biased to left-wing views

19% in UK say BBC is biased to right-wing views

19% in UK say BBC is not biased at all

Source: YouGov

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The years Ramadan fell in May

1987

1954

1921

1888

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FA CUP FINAL

Chelsea 1
Hazard (22' pen)

Manchester United 0

Man of the match: Eden Hazard (Chelsea)

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