Aden // Yemeni government forces have captured around 250 Al Qaeda members since they retook Mukalla last month, a top officer said on Friday.
“We have arrested around 250 members of Al Qaeda, including some leaders, since our operations began,” Brig Gen Faraj Salmeen said.
Brig Gen Salmin commands the second military region which includes Mukalla, capital of the vast desert province of Hadramout and the largest city in the Yemen’s south-east.
The port city was retaken from the extremists on April 24.
“One of these chiefs, Mohammed Saleh Al Orabi who calls himself the emir of Shar, was detained on Thursday” in the area of the same name about 60 kilometres east of Mukalla, Brig Gen Salmeen said.
All of the arrests were made in Mukalla and its surroundings, he said.
Brig Gen Salmeen’s home was targeted by a suicide car bomber on Thursday at the same time as a similar attack was carried out at a nearby naval base in the Khalaf area west of Mukalla. He escaped unhurt but a least 13 Yemeni soldiers were killed and dozens injured in the attck on the base, which was claimed by ISIL.
Both Al Qaeda and ISIL have taken advantage of the civil war between the government and Iran-backed Houthi rebels to seize territory and stage attacks on government figures.
Al Qaeda occupied Mukalla in April last year, shortly after a Saudi-led coalition intervened in the war to support the government, and imposed strict Islamic law on residents.
Special forces from the UAE, a member of a Saudi-led coalition, played a major role in retaking the city.
* With reporting from Agence France-Presse
The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
Company%20Profile
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Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
Building boom turning to bust as Turkey's economy slows
Deep in a provincial region of northwestern Turkey, it looks like a mirage - hundreds of luxury houses built in neat rows, their pointed towers somewhere between French chateau and Disney castle.
Meant to provide luxurious accommodations for foreign buyers, the houses are however standing empty in what is anything but a fairytale for their investors.
The ambitious development has been hit by regional turmoil as well as the slump in the Turkish construction industry - a key sector - as the country's economy heads towards what could be a hard landing in an intensifying downturn.
After a long period of solid growth, Turkey's economy contracted 1.1 per cent in the third quarter, and many economists expect it will enter into recession this year.
The country has been hit by high inflation and a currency crisis in August. The lira lost 28 per cent of its value against the dollar in 2018 and markets are still unconvinced by the readiness of the government under President Recep Tayyip Erdogan to tackle underlying economic issues.
The villas close to the town centre of Mudurnu in the Bolu region are intended to resemble European architecture and are part of the Sarot Group's Burj Al Babas project.
But the development of 732 villas and a shopping centre - which began in 2014 - is now in limbo as Sarot Group has sought bankruptcy protection.
It is one of hundreds of Turkish companies that have done so as they seek cover from creditors and to restructure their debts.
The specs
Engine: 3.8-litre, twin-turbo V8
Transmission: eight-speed automatic
Power: 582bhp
Torque: 730Nm
Price: Dh649,000
On sale: now
Manchester United's summer dealings
In
Victor Lindelof (Benfica) £30.7 million
Romelu Lukaku (Everton) £75 million
Nemanja Matic (Chelsea) £40 million
Out
Zlatan Ibrahimovic Released
Wayne Rooney (Everton) Free transfer
Adnan Januzaj (Real Sociedad) £9.8 million
What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
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