Saudi-led coalition accuses Houthis of Hodeidah hospital attack

Agencies
August 4, 2018

Riyadh, Aug 4: The Saudi-led coalition on Friday accused the Houthi militia of carrying out an attack on a hospital and fish market in Yemen that killed dozens of people. 

Coalition spokesman Col. Turki Al-Maliki said the Iran-backed group targeted the sites in the port of Hodeidah on Thursday with mortar shells in what he described as a “terrorist attack.” 

Initial reports said more than 20 people were killed in the attack which hit near Al-Thawra Hospital — one of the county’s biggest. But the Red Cross on Friday said the series of explosion in Hodeidah had killed 55 with dozens more injured.
Pro-Houthi media accused the Arab coalition of carrying out an airstrike on the hospital, but Al-Maliki strongly refuted the allegation.

“These targets were not from the coalition and the weaponry used was mortars, which are from the Houthis,” he said.

The spokesman presented evidence including pictures he said showed the Houthi mortars used in the attack and maps of Hodeidah showing coalition targets in relation to the location of the hospital.

He said the nearest Houthi position targeted by the coalition on the day of the hospital attack was a weapons storage facility 7.5km from the hospital, east of Hodeidah. A day earlier, on Tuesday, the coalition hit a target 2.5km away from the hospital. 

Hodeidah, the country’s largest port, is still held by the Houthis. Pro-government forces backed by the coalition were close to capturing the city before pausing the offensive last month to allow UN mediation efforts to continue. 

Al-Maliki said the UN had received “incorrect reports from invalid organizations” which had blamed the coalition.
He said the coalition had aways applied the highest international and humanitarian standards in its targeting operations in Yemen.

Earlier, Lise Grande, the UN humanitarian coordinator for Yemen, condemned the hospital attack as “shocking”.

“Hospitals are protected under international humanitarian law. Nothing can justify this loss of life,” she said, adding that hundreds of thousands of people depended on the hospital to survive.

On Thursday, Martin Griffiths, the UN envoy to Yemen, told a Security Council meeting that he had called for talks between the warring parties to take place on Sept. 6 in Geneva.
A Yemeni government official told AFP that the government would attend the meeting although it was “not optimistic” over the outcome.

Al-Maliki said the coalition had always sought to find a political solution, but that the Houthis continued aggression had hindered this.

“We have given them time for a political solution and also, many opportunities,” he said.  “We know that 22 million Yemenis have been devastated through this time. However, the real reasons behind the suffering of the people is the coup.”

“The collation shall continue its work to free Yemen and return the Yemeni land to the legitimate government.”  

The conflict in Yemen began when the Houthis seized the capital Sanaa in 2014 and forced the internationally recognized government to flee to Aden. The Arab coalition intervened in 2015 to return the country to the control of President Abed Rabbo Mansour Hadi.

Yemen’s war has killed nearly 10,000 people and triggered what the UN calls the world’s largest single humanitarian crisis.

On Friday, the World Health Organization warned that Yemen may be on the brink of a new cholera epidemic and called for a three-day truce to allow vaccinations.

“We’ve had two major waves of cholera epidemics in recent years and unfortunately the trend data that we’ve seen in the last days to weeks suggests that we may be on the cusp of the third major wave of cholera epidemics in Yemen,” WHO emergency response chief Peter Salama said in Geneva.

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News Network
March 23,2020

Dubai, Mar 23: The United Arab Emirates announced on Monday it will temporarily suspend all passenger and transit flights amid the novel coronavirus outbreak.

The Emirati authorities "have decided to suspend all inbound and outbound passenger flights and the transit of airline passengers in the UAE for two weeks as part of the precautionary measures taken to curb the spread of the COVID-19", reported the official state news agency, WAM.

It said the decision -- which is subject to review in two weeks -- will take effect in 48 hours, adding: "Cargo and emergency evacuation flights would be exempt."

The UAE, whose international airports in Abu Dhabi and Dubai are major hubs, announced on Friday its first two deaths from the COVID-19 disease, having reported more than 150 cases so far.

Monday's announcement came hours after Dubai carrier Emirates announced it would suspend all passenger flights by March 25.

But the aviation giant then reversed its decision, saying it "received requests from governments and customers to support the repatriation of travellers" and will continue to operate passenger flights to 13 destinations.

Emirates had said it will continue to fly to the United Kingdom, Switzerland, Hong Kong, Thailand, Malaysia, the Philippines, Japan, Singapore, South Korea, Australia, South Africa, the United States and Canada.

"We continue to watch the situation closely, and as soon as things allow, we will reinstate our services," said the airline's chairman and CEO, Sheikh Ahmed bin Saeed Al-Maktoum.

Gulf countries have imposed various restrictions to combat the spread of the novel coronavirus pandemic, particularly in the air transport sector.

The UAE has stopped granting visas on arrival and forbidden foreigners who are legal residents but are outside the country from returning.

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Agencies
June 18,2020

New Delhi, Jun 18: Reliance Industries Ltd on Thursday said it has sold a 2.32 per cent stake in its digital unit to Saudi Arabia's Public Investment Fund (PIF) for Rs 11,367 crore, taking the cumulative fund raising to about Rs 1.16 lakh crore in two months.

Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms - the maximum reports suggest the company intends to dilute to financial investors.

The investment by Saudi sovereign wealth fund is "at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore", the company said in a statement.

With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic, resulting in a recession kind of environment for the global economy.

"With the addition of PIF's investment, Jio Platforms has established partnerships with a marquee set of global financial investors, who will contribute to establishing the Digital Society vision for India," the statement said.

Jio Platforms houses India's biggest telecom firm by subscribers, Reliance Jio. With more than 388 million users, Jio has forced out several rivals and driven consolidation in the sector since entering the market in 2016 with free voice services and cut-price data.

Over the past two months, billionaire Mukesh Ambani's oil-to-telecom conglomerate has announced the sale of about $14 billion of assets, completed a Rs 53,124 crore rights issue and slowed the run rate of new investment by a quarter.

These will help Reliance meet its target of paying off Rs 1.61 lakh crore of net debt by the end of the year.
This is PIF's largest investment into the Indian economy to date.

Ambani, chairman and managing director of Reliance Industries, said, "We at Reliance have enjoyed a long and fruitful relationship with the Kingdom of Saudi Arabia for many decades. From oil economy, this relationship is now moving to strengthen India's New oil (data-driven) economy, as is evident from PIF's investment into Jio Platforms."

Yasir Al-Rumayyan, governor of PIF, commented: "We are delighted to be investing in an innovative business which is at the forefront of the transformation of the technology sector in India. We believe that the potential of the Indian digital economy is very exciting and that Jio Platforms provides us with an excellent opportunity to gain access to that growth."

"This investment will also enable us to generate significant long-term commercial returns for the benefit of Saudi Arabia's economy and our country's citizens, in line with our mandate to safeguard and grow the national wealth of the Kingdom," he said.

The transaction is subject to Indian regulatory and other customary approvals.

Morgan Stanley acted as financial advisor to Reliance Industries and AZB & Partners and Davis Polk & Wardwell acted as legal counsels.

Prior to this deal, Reliance had sold 22.38 per cent of Jio Platforms to investors including Facebook Inc, securing Rs 104,326.95 crore in eight weeks.

Facebook kicked off the party, investing Rs 43,573.62 crore for a 9.99 per cent stake on April 22. This was closely followed by a further Rs 60,753.33 crore in investment.

Silver Lake - the world's largest tech investor - bought a 1.15 per cent stake in Jio Platforms for Rs 5,665.75 crore on May 4. It invested another Rs 4,546.80 crore for additional 0.93 per cent stake on June 5, taking its total holding to 2.08 per cent
Private equity KKR and Vista Equity Partners have taken 2.32 per cent stake each for Rs 11,367 crore apiece. KKR invested in Jio Platforms on May 22 while Vista invested on May 8.

Abu Dhabi sovereign wealth fund Mubadala Investment Co picked up 1.85 per cent in Jio Platforms for Rs 9,093.60 crore on June 5. Abu Dhabi Investment Authority on June 7 invested Rs 5,683.50 crore for a 1.16 per cent stake in Jio Platforms.

On May 17, global equity firm General Atlantic picked up 1.34 per cent stake in Jio Platforms for Rs 6,598.38 crore.

Global investment firm TPG on June 13 picked up 0.93 per cent for Rs 4,546.80 crore while L Catterton bought 0.39 per cent for Rs 1,894.50 crore.

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News Network
April 2,2020

Dubai, Apr 2: A senior Saudi official urged more than 1 million Muslims intending to perform the hajj to delay making plans this year in comments suggesting the pilgrimage could be cancelled due to the new coronavirus pandemic.

In February, the kingdom took the extraordinary decision to close off the holy cities of Mecca and Medina to foreigners over the virus, a step which wasn’t taken even during the 1918 flu epidemic that killed tens of millions worldwide.

Restrictions have tightened in the kingdom as it grapples with over 1,500 confirmed cases of the new virus. The kingdom has reported 10 deaths so far. The Middle East has more than 71,000 confirmed cases of the virus, most of those in Iran, and over 3,300 deaths.

“The kingdom of Saudi Arabia is prepared to secure the safety of all Muslims and nationals,” Saudi Hajj and Umrah Minister Muhammad Saleh bin Taher Banten told state television. “That’s why we have requested from all Muslims around the world to hold onto signing any agreements (with tour operators) until we have a clear vision.”

Saudi Arabia has barred people from entering or exiting three major cities, including Mecca and Medina, and imposed a nighttime curfew across the country. Like other countries around the world and in the Middle East, Saudi Arabia has suspended all inbound and outbound commercial flights.

Each year, up to 2 million Muslims perform the hajj, a physically demanding and often costly pilgrimage that draws the faithful from around the world. The hajj, required of all able-bodied Muslims to perform once in their lifetime, is seen as a chance to wipe clean past sins and bring about greater humility and unity among Muslims.

Standing in Mecca in front of the cube-shaped Kaaba that Muslims pray toward five times daily, Banten also said the kingdom was already providing care for 1,200 pilgrims stuck in the holy city due to global travel restrictions. A number of them are being quarantined in hotels in Mecca, he said.

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