Yemen airline resumes Sanaa-Jordan flights, banks rejoin global network under new deal

AL-MUKALLA: Yemen's national airline resumed flights from the Houthi-held city of Sanaa to Jordan on Thursday, while the international banking system reconnected Sanaa banks to its network after the implementation of a deal between the Yemeni government and the militia. Yemenia Airways said in a statement that three flights were scheduled to depart from Sanaa … Read more

Moody’s affirms Islamic Development Bank’s AAA rating

RIYADH: Gulf Cooperation Council banks aim to diversify their business models and increase profitability by entering high-growth markets such as Turkey, Egypt and India, a new report finds. Fitch Ratings noted that this growing interest is due to favorable economic conditions and attractive growth opportunities in these countries. In particular, the appetite for expansion in … Read more

Boat with 45 refugees capsizes off Yemen’s coast, UNHCR says

WASHINGTON: Israeli Prime Minister Benjamin Netanyahu defended Israel’s war in Gaza and condemned American protesters in a scathing speech to Congress on Wednesday that sparked a boycott by several top Democratic lawmakers and drew thousands to the Capitol to condemn the war and the humanitarian crisis it has created.Netanyahu vowed to continue the war until … Read more

‘Un-Australian’: Swim coach could still be sent home over ‘go Korea’ gaffe

Australian swimming coach Michael Palfrey has been labelled “un-Australian” after telling South Korean media that he had cheered for a South Korean swimmer in Paris. The storm erupted on Thursday after Palfrey, one of eight Dolphins coaches, said he wanted 22-year-old South Korean star Kim Woo-min to win gold in the 400-meter freestyle, despite Australians … Read more

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