Qatar’s foreign minister Sheikh Mohammed bin Abdulrahman Al Thani, right, UN secretary general Ban Ki-moon, centre, and Yemen’s president Abdrabu Mansur Hadi attend the Doha Forum on May 21, 2016. Reuters
Qatar’s foreign minister Sheikh Mohammed bin Abdulrahman Al Thani, right, UN secretary general Ban Ki-moon, centre, and Yemen’s president Abdrabu Mansur Hadi attend the Doha Forum on May 21, 2016. Reu

Yemen security raids kill 13 extremists in Mukalla



ADEN // Yemeni forces killed 13 extremists militants and arrested two others in overnight raids in Mukalla district, while several more died in a blast hours later, the military and residents said on Sunday.

Two soldiers were killed and nine injured in the operations launched on Saturday night, which were backed by the Saudi-led military coalition supporting the government.

Brig Gen Ahmed bin Braik, the governor of Hadramout province, said the military targeted Al Qaeda and ISIL fighters in Rawkab, Bwaish and Rabwat Al Huhandiseen areas around Mukalla city, the provincial capital.

“The residents helped the military forces yesterday night, and this is a clear message that Hadramout’s citizens are not supporters of Al Qaeda and its sisters,” Brig Gen bin Braik said.

Residents in Rawkab reported a huge explosion at about noon on Sunday in a house occupied by Al Qaeda militants.

"The explosion was from a car bomb that was being preparing by Al Qaeda fighters in the yard of a house," Mohammed Al Sharafi, a journalist based in Mukalla, told The National.

“There are definitely casualties among the Al Qaeda fighters but its not clear yet how many.”

He said Rawkab was one of the main areas in Mukalla district infiltrated by Al Qaeda and which the military had still not cleared of militants.

The military, backed by coalition forces, forced Al Qaeda fighters from Mukalla last month, a year of the extremist militants seized control of the south-eastern port city.

Since then there have been a number of militant attacks on civilians, officials and military camps in and around the city. Two of the deadliest – a suicide bombing on May 15 that killed 40 men queuing to join the security forces and bombing and gun attack at a naval base three days earlier that left 15 soldiers dead – were claimed by ISIL.

“Both Al Qaeda and ISIL are working shoulder to shoulder in Hadramout, as the ISIL fighters used to be fighters with Al Qaeda,” said a political analyst based in the province who asked not to be identified.

“The Yemeni army and the coalition forces know that they have not liberated the whole Mukalla district from Al Qaeda. They know the strongholds of these fighters in Mukalla, but they have not yet pushed them out,” he said, adding that they were still securing the city centre.

He said most residents of Mukalla were opposed to Al Qaeda and ISIL but they cannot challenge these groups because they are heavily armed.

Both groups have taken advantage of the government’s war against Houthi rebels and their allies to expand their presence in Yemen. However, with a ceasefire in place as the two sides hold UN-mediated peace talks in Kuwait, the government and coalition forces have turned their sights on the extremists in recent weeks.

On Sunday, the government delegation resumed negotiations after suspending its participation last week over the rebels’ refusal to recognise the legitimacy of president Abdrabu Mansur Hadi.

The United Nations said Mr Hadi agreed to resume the talks after a meeting with UN secretary general Ban Ki-moon and the emir of Qatar, Sheikh Tamim bin Hamad Al Thani, in Doha on Saturday.

The UN envoy to Yemen, Ismail Ould Cheikh Ahmed, said the truce that began April 10 has largely held.

“The cessation of hostilities is holding around 80 to 90 per cent,” Mr Cheikh Ahmed said at the Doha Forum conference on Sunday. “The people of Yemen feel there is a cessation of hostilities.”

The drop in violence has been crucial in ensuring much-needed aid can make its way to areas affected by the fighting, he said.

Mr Cheikh Ahmed said he hoped that most of the thorniest issues in the conflict have been discussed during the Kuwait talks.

“We are not at square zero ... We are in fact making incredible progress,” he said when asked during the forum about the slow pace of the negotiations. He expressed hope that a resolution to the conflict is “very close”, though he was quick to add a note of caution.

“I cannot guarantee you an outcome. You can be very close, but then because of the position of the parties they may fail,” he said.

The peace talks are aimed at ending the conflict based on a UN Security Council resolution that calls for the rebels to withdraw from all cities, hand over weapons, and release political detainees.

foreign.desk@thenational.ae

* With additional reporting from Associated Press

How The Debt Panel's advice helped readers in 2019

December 11: 'My husband died, so what happens to the Dh240,000 he owes in the UAE?'

JL, a housewife from India, wrote to us about her husband, who died earlier this month. He left behind an outstanding loan of Dh240,000 and she was hoping to pay it off with an insurance policy he had taken out. She also wanted to recover some of her husband’s end-of-service liabilities to help support her and her son.

“I have no words to thank you for helping me out,” she wrote to The Debt Panel after receiving the panellists' comments. “The advice has given me an idea of the present status of the loan and how to take it up further. I will draft a letter and send it to the email ID on the bank’s website along with the death certificate. I hope and pray to find a way out of this.”

November 26:  ‘I owe Dh100,000 because my employer has not paid me for a year’

SL, a financial services employee from India, left the UAE in June after quitting his job because his employer had not paid him since November 2018. He owes Dh103,800 on four debts and was told by the panellists he may be able to use the insolvency law to solve his issue. 

SL thanked the panellists for their efforts. "Indeed, I have some clarity on the consequence of the case and the next steps to take regarding my situation," he says. "Hopefully, I will be able to provide a positive testimony soon."

October 15: 'I lost my job and left the UAE owing Dh71,000. Can I return?'

MS, an energy sector employee from South Africa, left the UAE in August after losing his Dh12,000 job. He was struggling to meet the repayments while securing a new position in the UAE and feared he would be detained if he returned. He has now secured a new job and will return to the Emirates this month.

“The insolvency law is indeed a relief to hear,” he says. "I will not apply for insolvency at this stage. I have been able to pay something towards my loan and credit card. As it stands, I only have a one-month deficit, which I will be able to recover by the end of December." 

The years Ramadan fell in May

1987

1954

1921

1888

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

Director: Nag Ashwin

Starring: Prabhas, Saswata Chatterjee, Deepika Padukone, Amitabh Bachchan, Shobhana

Rating: ★★★★

Apple Mac through the years

1984 - Apple unveiled the Macintosh on January 24
1985 - Steve Jobs departed from Apple and established NeXT
1986 - Apple introduced the Macintosh Plus, featuring enhanced memory
1987 - Apple launched the Macintosh II, equipped with colour capabilities
1989 - The widely acclaimed Macintosh SE/30 made its debut
1994 - Apple presented the Power Macintosh
1996 - The Macintosh System Software OS underwent a rebranding as Mac OS
2001 - Apple introduced Mac OS X, marrying Unix stability with a user-friendly interface
2006 - Apple adopted Intel processors in MacBook Pro laptops
2008 - Apple introduced the MacBook Air, a lightweight laptop
2012 - Apple launched the MacBook Pro with a retina display
2016 - The Mac operating system underwent rebranding as macOS
2020 - Apple introduced the M1 chip for Macs, combining high performance and energy efficiency
2022 - The M2 chip was announced
2023 -The M3 line-up of chip was announced to improve performance and add new capabilities for Mac.

How to donate

Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat

THREE

Director: Nayla Al Khaja

Starring: Jefferson Hall, Faten Ahmed, Noura Alabed, Saud Alzarooni

Rating: 3.5/5

How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.

Keep it fun and engaging

Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.

“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.

His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.

He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.

Company profile

Company name: Fasset
Started: 2019
Founders: Mohammad Raafi Hossain, Daniel Ahmed
Based: Dubai
Sector: FinTech
Initial investment: $2.45 million
Current number of staff: 86
Investment stage: Pre-series B
Investors: Investcorp, Liberty City Ventures, Fatima Gobi Ventures, Primal Capital, Wealthwell Ventures, FHS Capital, VN2 Capital, local family offices


Latest
Most Read
Top Videos