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Oman joins Saudi-led Islamic military alliance-Saudi source

This coalition is bullshit and Ineffective.sunni Muslims are using sunni Islam as basis of military unity....which is utter rubbish.Muslim world is too divided for this coalition to be work In Full and be active.actually why doesn't this idiot coalition go and free Palestine? No, they will look for other non compliant Muslims to attack first, and then they will realize how many moochers are just being fake at the "party"
 
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Oman, while otherwise preferring a neutral and non-partisan geopolitical position under Sultan Qaboos, will always by default be in the "GCC camp" solely by virtue of geography alone. That is reason enough to support "pan-GCC" efforts that aim at securing the GCC from any outside threats and thus by default Oman as well.

Oman's military is also well integrated into the Peninsula Shield Force.

Let alone the fact that Oman is a fellow Arabian country and a monarchy.

In short Oman's future is tied to that of the GCC and Arabia as a whole. Same goes for Yemen.

In any case I suspect that once Sultan Qaboos dies (he is old, reported to be sick and moreover he has ruled for almost 50 years), Al-Alawi dies/leaves, we will see a somewhat different policy from Oman. Much more aligned to the GCC and playing a greater/more active role.

When Saddam invaded Kuwait back in August 1990, Oman was one of the first countries to side with Kuwait and they were one of the harshest critics of this invasion.

Anyway Oman is one of the most beautiful countries on the planet. Oman is a great part of Arabia. Also Omanis are great people.

In many ways I consider Oman the Switzerland of the Arab world and Middle East. Not as rich but well off nevertheless.

Also this news is confirmed and was so by Oman's government itself.

http://www.omannews.gov.om/ona_n/description.jsp?newsId=302286

@alarabi
Actually, from a geographic point of view, Oman is less dependent on neighboring Arab countries for economic survival and, ironically, more dependent on distant non-Arab countries instead.

Oman's unique geography makes it more aligned with countries such as India than with countries such as Saudi Arabia.

Take a look at Oman's main economic partners. Apart from the UAE, Oman has little or no trade with any other Arab country. Instead, Oman does most of its economic trade with faraway countries such as South Korea, Singapore, Thailand, India, the United Kingdom, etc.

In the coming years/decades, as more and more economies in the Indian Ocean region begin to grow (e.g. the Kenyan, Sri Lankan, and Ethiopian economies), Oman will become even less dependent on its Arab neighbors than it currently is.

Therefore, it is actually not the least bit surprising that Oman is geopolitically more concerned with maintaining strong ties with non-Arab countries such as Iran than with fellow Gulf Arab countries such as Saudi Arabia.
 
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In many ways, Oman is to the Arab World what Britain is to continental Europe.

Both countries will always choose the open seas over their respective continents/regions.

Britain's future is the Atlantic and, to a lesser extent, Pacific oceans. Likewise, Oman's future is the Indian Ocean.
 
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Good luck to Oman and coalition in the battle against ISIS. But what exactly have they done since March 2016? A 30+ coalition should have wiped the floor with ISIS. The group involves Turkey, but why aren't KSA, etc, helping out Turkey fighting ISIS in Al Bab?

The group involves Nigeria, so how come the group isn't helping Nigeria battling Boko Haram?

It has Pakistan, so why aren't they all helping Pakistan fight the terrorists inside their country?

It has Libya, how are they helping Libya?
 
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Good luck to Oman and coalition in the battle against ISIS. But what exactly have they done since March 2016? A 30+ coalition should have wiped the floor with ISIS. The group involves Turkey, but why aren't KSA, etc, helping out Turkey fighting ISIS in Al Bab?

The group involves Nigeria, so how come the group isn't helping Nigeria battling Boko Haram?

It has Pakistan, so why aren't they all helping Pakistan fight the terrorists inside their country?

It has Libya, how are they helping Libya?
Good questions.

I don't think Saudi Arabia wants to get bogged down in Syria. Also, the Saudis are probably cautious about fueling pro-ISIS sentiment in their own country.
 
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Good questions.

I don't think Saudi Arabia wants to get bogged down in Syria. Also, the Saudis are probably cautious about fueling pro-ISIS sentiment in their own country.

I don't like KSA, but I'll support it & it's coalition 100% if they do something about making the countries in their coalition more stable. A lot of those countries in that group would benefit from a helping hand, political, militarily, and financial.

It's okay if they don't want to get bogged down by trouble spots like Syria & Iraq. But why not help the countries in their own group?

KSA & some posters here are trying to put groups like Hezbollah and ISIS in the same group. Okay, fine, let's pretend they are both terrorist groups, but an intelligent group would focus on the one that is harming it's group members more, right?

Look at these terrorist attacks in 2016:

http://storymaps.esri.com/stories/2016/terrorist-attacks/

Look, both at the affected countries & the groups responsible.
 
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I don't like KSA, but I'll support it & it's coalition 100% if they do something about making the countries in their coalition more stable. A lot of those countries in that group would benefit from a helping hand, political, militarily, and financial.

It's okay if they don't want to get bogged down by trouble spots like Syria & Iraq. But why not help the countries in their own group?

KSA & some posters here are trying to put groups like Hezbollah and ISIS in the same group. Okay, fine, let's pretend they are both terrorist groups, but an intelligent group would focus on the one that is harming it's group members more, right?

Look at these terrorist attacks in 2016:

http://storymaps.esri.com/stories/2016/terrorist-attacks/

Look, both at the affected countries & the groups responsible.
Ooh, I love maps. Thanks for posting that link! :-) <3

And yes, I fully agree with you lol.
 
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Good luck to Oman and coalition in the battle against ISIS. But what exactly have they done since March 2016? A 30+ coalition should have wiped the floor with ISIS. The group involves Turkey, but why aren't KSA, etc, helping out Turkey fighting ISIS in Al Bab?

The group involves Nigeria, so how come the group isn't helping Nigeria battling Boko Haram?

It has Pakistan, so why aren't they all helping Pakistan fight the terrorists inside their country?

It has Libya, how are they helping Libya?

Pakistan dont need their help to wipe out terrorists, we are in this group for diplomatic reasons..

we are already doing great job with our own resources. We cleared Tribal region FATA which was infested by TTP from 2006 to 2013. We remain hostage to them all these years bcoz there was no political will to fight against them, even Nawaz Sharif + Opposition parties were in favour of Talks with them. The day we reach consensus in 2013, we started defeating them..

now there are no daily blasts like it used to be when TTP was holding waziristan. Situation is under control, we are now facing threats from ISIs based in Afghanistan, all major terrorist attack last year was done by them..

www.spectator.co.uk/2016/12/pakistan-is-winning-its-war-on-terror/
 
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Actually, from a geographic point of view, Oman is less dependent on neighboring Arab countries for economic survival and, ironically, more dependent on distant non-Arab countries instead.

Oman's unique geography makes it more aligned with countries such as India than with countries such as Saudi Arabia.

Take a look at Oman's main economic partners. Apart from the UAE, Oman has little or no trade with any other Arab country. Instead, Oman does most of its economic trade with faraway countries such as South Korea, Singapore, Thailand, India, the United Kingdom, etc.

In the coming years/decades, as more and more economies in the Indian Ocean region begin to grow (e.g. the Kenyan, Sri Lankan, and Ethiopian economies), Oman will become even less dependent on its Arab neighbors than it currently is.

Therefore, it is actually not the least bit surprising that Oman is geopolitically more concerned with maintaining strong ties with non-Arab countries such as Iran than with fellow Gulf Arab countries such as Saudi Arabia.

Oman is an integral part of Arabia geographically and historically. There is no denying that.

As for inter-GCC trade, none of the GCC countries, expect for Bahrain, are dependent on each other economically and if you look at the biggest trading partners of KSA, UAE and Qatar (the 3 largest economies by far) none of their top 5 trade partners are from the GCC.

That however does not change the ground realities that I alluded to, namely, that turmoil in the GCC and hostility towards the GCC/Arabia from outside forces, will inevitable hit Oman as well. There is really no controversy about this.

As for looking towards the sea, that is something that ALL the countries on the Arabian Peninsula (the world's largest peninsula and one of the most strategically located places on the planet - especially in terms of sea trade today and historically) so this is not an exclusively Omani thing.

Before Oman even became a nation state as we know it and before the current ruling dynasty, Arabians were already doing sea trade with Africa, Europe, South Asia, South East Asia extensively. Arabians have always been seafaring people. One of the greatest in history in fact.

I mean the reason why the Arabian Sea is named the Arabian Sea should be self-explanatory.

So yes this decision from Oman is obviously a decision that sends a certain message - the one that I described earlier. That however does not mean that Oman has to have hostile relations to any country be it regional or non-regional.

That's my take on it.

P.S: Oman has actually received favorable loans from GCC quite a few times. Especially from Kuwait. So they are not completely dependent or largely dependent by any means, such as Bahrain for instance, but there is some dependency nevertheless.

I don't like KSA, but I'll support it & it's coalition 100% if they do something about making the countries in their coalition more stable. A lot of those countries in that group would benefit from a helping hand, political, militarily, and financial.

It's okay if they don't want to get bogged down by trouble spots like Syria & Iraq. But why not help the countries in their own group?

KSA & some posters here are trying to put groups like Hezbollah and ISIS in the same group. Okay, fine, let's pretend they are both terrorist groups, but an intelligent group would focus on the one that is harming it's group members more, right?

Look at these terrorist attacks in 2016:

http://storymaps.esri.com/stories/2016/terrorist-attacks/

Look, both at the affected countries & the groups responsible.

I don't think that anyone here cares whether you "like" KSA or not or anything for that matter.

Before commenting I would suggest you to read what this organization is really about and the laws that govern it before making such ridiculous comments. Obviously this Islamic Military Alliance (which is still at its infancy for obvious reasons - cannot understand how this can be a surprise) cannot operate in non-member states such as Syria and Iraq without their "governments" permission. Not to say that those states only exist on paper nowadays.

Pakistan? Well, the Pakistani government has not wanted such help. Same with Nigeria.

However who says that such help should be/is limited to boots on the ground? May I dare to claim that those states already cooperate closely in regards to counterterrorism. Yeah, I think so. Surprise, surprise.

Anyway the only reason Iranians here are bitching and crying a bit is due to you guys being excluded but historically you should be used to such a feeling so not sure what this fuss is about to be honest. I mean your entire current "ideology/viewpoint" is that you are the victim in a sea of enemies and that everyone is out to get you. That is why, during the Shah, that your best friend in the neighborhood was Israel. Another outsider who shared/share such similar views but on other issues and in a different way.

Anyway if we ever want boots on the ground we can always ask the Iranian Mullah's to "donate" a few Afghan/Pakistani/Hazara/unfortunately also some Iraqi Shia Arabs/Lebanese slaves (they can only be used once or twice as they usually return in coffins) and if the "production factory" is low we can always ask those guys below:

 
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Anyway if we ever want boots on the ground we can always ask the Iranian Mullah's to "donate" a few Afghan/Pakistani/Hazara/unfortunately also some Iraqi Shia Arabs/Lebanese slaves (they can only be used once or twice as they usually return in coffins) and if the "production factory" is low we can always ask those guys below:

You guys should definitely ask others for boots on the ground because your soldiers "The Real Marathon Champions" are running away from the front lines in Yemen.

 
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You guys should definitely ask others for boots on ground because your soldiers "The Real Marathon Champions" are running away from the front lines in Yemen.


Yes, running away and controlling 80% of all of Yemen at the same time.

Houthi militias suffer major losses in border region near Najran
8141d243-efab-4d8c-bc15-7c1c3b2f34c5_16x9_788x442.JPG

A Houthi militant attends a parade held by newly recruited Houthi fighters in Sanaa. (Reuters)​

Staff writer, Al Arabiya English
Sunday, 1 January 2017

Twenty-five Houthi militias, among them a senior leader, were killed near Najran’s border region on Sunday.

Abu Shehab al-Hamzi was a senior militia leader among the Houthis ranks in Yemen.

Hundrerds of Houthi militias have been killed in battles on the Saudi Arabia-Yemen border in recent weeks after extensive military raids from the Arab coalition.

The Arab coalition has been using Apache helicopters to target and chase Houthi militias and those loyal to ousted former president Ali Abdullah Saleh from the mountainous border regions.

Last Update: Sunday, 1 January 2017 KSA 21:29 - GMT 18:29

https://english.alarabiya.net/en/Ne...ajor-losses-in-border-region-near-Najran.html

‘Map of Control’ in Yemen
ASHARQ AL-AWSAT

10 hours ago
f-truce-a-20150512-620x349.jpg

Anti-Houthi fighters of the Southern Popular Resistance stand on a tank in Yemen's southern port city of Aden on Sunday. The Houthis have agreed to a Saudi-proposed truce starting Tuesday. | REUTERS​

Taiz – Yemen bids farewell to 2016 with its territories controlled by different parties, while the legitimate forces succeeded in liberating some regions, other parts have remained under the control of Houthis and supporters of Ali Abdullah Saleh.

The map of control of Yemeni territories:

Azal Province

(Governorates of Saada, Amran, Sanaa –the capital and the governorate – and Dhamar)

All the governorates of Azal’s province have remained under the control of the Houthi militias and the rebellion supporters of Saleh – except for a number of sites in Saada’s governorate, the stronghold of Houthis – the Yemeni National Army has carried out military operations in Amran and Sanaa to target the rebellion militants.

In Saada, the Yemeni army has succeeded in liberating the border port of Alab and most of the Mandaba region of the directorate of Baqim in Saada province, northern Yemen; considered a strategic point as it tops villages of Sahar and road of Baqim, Abwab al-Hadid, Jabal al-Shaer and the other regions controlled by the Houthis.

As per the Capital Sanaa controlled by militias, the Yemeni National Forces reached to its eastern gates after capturing and imposing control in the Naham. This front has witnessed clashes between the two parties close to Bani Hashish’s region dominated by the Houthi Militias and Saleh’s supporters. On 6 August, the National Army launched a military campaign for liberation, which kicked off from Naham aiming at recapturing the Capital.

Sabaa Province

(Governorates of Ma’rib, Al Jawf, Al Bayda)

The National Yemeni Army backed by the Arab Coalition Forces has completely recaptured the city of Ma’rib, capital of Saba’, the southern entrance of Sanaa including oil and gas fields, except for parts of Al-Sarwah, which remained under the control of rebellion militias.

The Yemeni forces have also controlled 85% of Al-Jawf region including many areas in the north of the governorate, with the biggest geographical surface. However, militias still control al-Matma, al-Zaher, Al-Shaab, al.-Masloub and many other regions.

As per Al Bayda governorate, it still witnesses violent clashes between the National Army and the rebellion militias, which control the majority of the governorate’s regions except for a number of sites.

Tihamah Province

(Governorates of Hodaida, Heja, Mahwit, Rima)

All these provinces have remained under the control of the rebellion militias, this district has seen continuous military operations targeting the strongholds, sites, and inspection points of Houthis. Operations violently concentrated in Hodeida, the second biggest port following Aden and Heja’s governorate which witnessed heavy battles recently along other regions on the Yemeni-Saudi borders. Forces of the National Army and the Arab Coalition have advanced in the Midi governorate and expanded their control over the city in addition to the Hard port on the borders with Saudi Arabia and some surrounding military sites.

Al-Janad Province

(Governorates of Taiz and Ibb)

This district is located on the south of Sanaa with its two governorates Taiz and Ibb which have witnessed heavy and constant clashes between the Yemeni National Army – backed by the Arab Coalition’s air forces and the Houthi militias and Saleh’s supporters. The most violent battles have occurred in Taiz, the third biggest third city in the country, which is close to be liberated from Houthis and their constant bombing over its residential neighborhoods with all kinds of weapons.

It is worth noting that the city has lived under a restricted blockade that obstructs the delivery of food and medicines.

Concerning Ibb, this governorate has totally resigned under the control of the rebellion militias including the main city of Ibb -the legitimate forces dominate regions of Hamak and Biar on the borders of the southern governorate of al-Dale’a.

Aden District

All its governorates have been completely liberated from the rebellion militias, except for some cities in al-Dale’a.
District of Hadhramaut.

All the district’s cities have been also recaptured by the National Yemeni Army except some small cities.

http://english.aawsat.com/2017/01/article55364730/map-control-yemen

Yemen : Insurgents’ War Efforts Leads to Bankruptcy

ASMA AL-GHABIRI 5 days ago

yemen-3-620x413.jpg

An emblem of the Central Bank of Yemen is seen on the bank's gate in Sanaa August 24, 2016. REUTERS/Khaled Abdullah​

Jeddah – Banks under control of insurgent militias are on the brink of bankruptcy, according to financial experts.

Economical and financial experts stressed that the deposits that were supposed to be in the banks, are now in danger shall the government not intervene rapidly to secure the funds. This comes after signs revealed that a number of banks are about to declare their bankruptcy.

Economic expert Dr. Mohammed Halboub considers that Houthis’ insurgency will have serious economic and financial ramifications in Yemen.

Halboub stressed that the insurgency is the main reason for the deteriorating economic situation in the country which has caused the foreclosure of commercial banks. He added that Houthis’ large spending on military efforts as well as their lack of comprehension of financial issues, had led the public to lose faith in the Yemeni banking system.

The expert said that the banks under Houthis’ control are in worse condition than those in the liberated areas due to the economic decisions they made.

In case of bankruptcy, Halboub explained that the government will grant each depositor an amount of two million Yemeni riyals.

The economic expert predicted an increased number of withdrawals in the upcoming days, calling the legitimacy to support the banks and financial institutions to prevent their economic failure.

Chairman of the Yemeni Studies and Economic Media Center Mustafa Nasr said that the lack of liquidity in Yemeni banks is due to the financial crisis that resulted of the outflow of funds. He pointed out that this has alarmed the people especially now that banks under insurgents’ control are at risk.

He further indicated that the financial crisis affected the bank and the economic situation, adding that most civilians lost their trust in the banking system and withdrew their money, which was one of the reasons that had several banks on the brink of bankruptcy.

Nasr said that the Central Bank of Yemen was in charge of selling bonds, and commercial banks would buy them with a limited interest ranging between 16 and 18%. He added that since the central bank declared its bankruptcy and can no longer sell notes, and banks are not able to buy, commercial banks had lost their most vital source.

According to the chairman, relocating the headquarters of banks from Sanaa, which is under insurgency’s control, to Aden would change the situation.

Concerning the role of the legitimacy amid this crisis, Nasr believed that it should continue to operate the central bank in Aden. He added that they should prepare for the move of main branches of commercial and Islamic banks to Aden to promote the economic cycle.

http://english.aawsat.com/2016/12/article55364531/yemen-insurgents-war-efforts-leads-bankruptcy

Yemen forces recapture Nihm district in Sanaa
9c1bcba5-7579-4832-ade5-e101177ae02b_16x9_788x442.jpg

Yemen Popular Resistance forces hold position during battle against Houthis militias west of Marib. (File photo: AFP)​

Staff writer, Al Arabiya English
Saturday, 24 December 2016

Yemen’s armed and resistance forces were able to recapture several key areas within a district in the capital Sanaa.

Several areas including Telti al-Hamra, al-Madfoun and al-Talal from the Nihm district of Sanaa were liberated after more than a year of being held by Houthi militias and forces loyal to ousted former president Ali Abdullah Saleh.

Nihm has been subjected to fierce fighting from both sides attempting to control the district located east of the capital.

Meanwhile in Taiz, armed forces of the legitimate government of Abdrabbu Mansour Hadi were able to recapture a military hospital in a battle where Houthi militias incurred losses. Among them was key militia leader named Abu Assem.

The advancements come a day after Saudi forces were able to carry out a night-time operation in Jizan and Najran, after spotting Houthi and Saleh militias near the Saudi border, leading to the death of 30 Houthis.

Last Update: Saturday, 24 December 2016 KSA 16:24 - GMT 13:24

https://english.alarabiya.net/en/Ne...n-forces-liberate-key-district-in-Sanaa-.html

A commander of the Republican Guard joins the national army forces in Nehm


http://www.suhf.net/yemen/30891

Also Saudi Arabian casualties in Yemen have been very low. Laughable even.

We would need at least 1000 years of fighting to reach the casualty numbers that your marathon runners achieved against Iraq (a smaller and less populous state). Those marathon runners armed with "keys to heaven".

Anyway I understand your crying and butthurt for having been rejected but as I said given history you should be used to this.
 
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Yes, running away and controlling 80% of all of Yemen at the same time.

Houthi militias suffer major losses in border region near Najran
8141d243-efab-4d8c-bc15-7c1c3b2f34c5_16x9_788x442.JPG

A Houthi militant attends a parade held by newly recruited Houthi fighters in Sanaa. (Reuters)​

Staff writer, Al Arabiya English
Sunday, 1 January 2017

Twenty-five Houthi militias, among them a senior leader, were killed near Najran’s border region on Sunday.

Abu Shehab al-Hamzi was a senior militia leader among the Houthis ranks in Yemen.

Hundrerds of Houthi militias have been killed in battles on the Saudi Arabia-Yemen border in recent weeks after extensive military raids from the Arab coalition.

The Arab coalition has been using Apache helicopters to target and chase Houthi militias and those loyal to ousted former president Ali Abdullah Saleh from the mountainous border regions.

Last Update: Sunday, 1 January 2017 KSA 21:29 - GMT 18:29


‘Map of Control’ in Yemen
ASHARQ AL-AWSAT

10 hours ago
f-truce-a-20150512-620x349.jpg

Anti-Houthi fighters of the Southern Popular Resistance stand on a tank in Yemen's southern port city of Aden on Sunday. The Houthis have agreed to a Saudi-proposed truce starting Tuesday. | REUTERS​

Taiz – Yemen bids farewell to 2016 with its territories controlled by different parties, while the legitimate forces succeeded in liberating some regions, other parts have remained under the control of Houthis and supporters of Ali Abdullah Saleh.

The map of control of Yemeni territories:

Azal Province

(Governorates of Saada, Amran, Sanaa –the capital and the governorate – and Dhamar)

All the governorates of Azal’s province have remained under the control of the Houthi militias and the rebellion supporters of Saleh – except for a number of sites in Saada’s governorate, the stronghold of Houthis – the Yemeni National Army has carried out military operations in Amran and Sanaa to target the rebellion militants.

In Saada, the Yemeni army has succeeded in liberating the border port of Alab and most of the Mandaba region of the directorate of Baqim in Saada province, northern Yemen; considered a strategic point as it tops villages of Sahar and road of Baqim, Abwab al-Hadid, Jabal al-Shaer and the other regions controlled by the Houthis.

As per the Capital Sanaa controlled by militias, the Yemeni National Forces reached to its eastern gates after capturing and imposing control in the Naham. This front has witnessed clashes between the two parties close to Bani Hashish’s region dominated by the Houthi Militias and Saleh’s supporters. On 6 August, the National Army launched a military campaign for liberation, which kicked off from Naham aiming at recapturing the Capital.

Sabaa Province

(Governorates of Ma’rib, Al Jawf, Al Bayda)

The National Yemeni Army backed by the Arab Coalition Forces has completely recaptured the city of Ma’rib, capital of Saba’, the southern entrance of Sanaa including oil and gas fields, except for parts of Al-Sarwah, which remained under the control of rebellion militias.

The Yemeni forces have also controlled 85% of Al-Jawf region including many areas in the north of the governorate, with the biggest geographical surface. However, militias still control al-Matma, al-Zaher, Al-Shaab, al.-Masloub and many other regions.

As per Al Bayda governorate, it still witnesses violent clashes between the National Army and the rebellion militias, which control the majority of the governorate’s regions except for a number of sites.

Tihamah Province

(Governorates of Hodaida, Heja, Mahwit, Rima)

All these provinces have remained under the control of the rebellion militias, this district has seen continuous military operations targeting the strongholds, sites, and inspection points of Houthis. Operations violently concentrated in Hodeida, the second biggest port following Aden and Heja’s governorate which witnessed heavy battles recently along other regions on the Yemeni-Saudi borders. Forces of the National Army and the Arab Coalition have advanced in the Midi governorate and expanded their control over the city in addition to the Hard port on the borders with Saudi Arabia and some surrounding military sites.

Al-Janad Province

(Governorates of Taiz and Ibb)

This district is located on the south of Sanaa with its two governorates Taiz and Ibb which have witnessed heavy and constant clashes between the Yemeni National Army – backed by the Arab Coalition’s air forces and the Houthi militias and Saleh’s supporters. The most violent battles have occurred in Taiz, the third biggest third city in the country, which is close to be liberated from Houthis and their constant bombing over its residential neighborhoods with all kinds of weapons.

It is worth noting that the city has lived under a restricted blockade that obstructs the delivery of food and medicines.

Concerning Ibb, this governorate has totally resigned under the control of the rebellion militias including the main city of Ibb -the legitimate forces dominate regions of Hamak and Biar on the borders of the southern governorate of al-Dale’a.

Aden District

All its governorates have been completely liberated from the rebellion militias, except for some cities in al-Dale’a.
District of Hadhramaut.

All the district’s cities have been also recaptured by the National Yemeni Army except some small cities.

Yemen : Insurgents’ War Efforts Leads to Bankruptcy

ASMA AL-GHABIRI 5 days ago

yemen-3-620x413.jpg

An emblem of the Central Bank of Yemen is seen on the bank's gate in Sanaa August 24, 2016. REUTERS/Khaled Abdullah​

Jeddah – Banks under control of insurgent militias are on the brink of bankruptcy, according to financial experts.

Economical and financial experts stressed that the deposits that were supposed to be in the banks, are now in danger shall the government not intervene rapidly to secure the funds. This comes after signs revealed that a number of banks are about to declare their bankruptcy.

Economic expert Dr. Mohammed Halboub considers that Houthis’ insurgency will have serious economic and financial ramifications in Yemen.

Halboub stressed that the insurgency is the main reason for the deteriorating economic situation in the country which has caused the foreclosure of commercial banks. He added that Houthis’ large spending on military efforts as well as their lack of comprehension of financial issues, had led the public to lose faith in the Yemeni banking system.

The expert said that the banks under Houthis’ control are in worse condition than those in the liberated areas due to the economic decisions they made.

In case of bankruptcy, Halboub explained that the government will grant each depositor an amount of two million Yemeni riyals.

The economic expert predicted an increased number of withdrawals in the upcoming days, calling the legitimacy to support the banks and financial institutions to prevent their economic failure.

Chairman of the Yemeni Studies and Economic Media Center Mustafa Nasr said that the lack of liquidity in Yemeni banks is due to the financial crisis that resulted of the outflow of funds. He pointed out that this has alarmed the people especially now that banks under insurgents’ control are at risk.

He further indicated that the financial crisis affected the bank and the economic situation, adding that most civilians lost their trust in the banking system and withdrew their money, which was one of the reasons that had several banks on the brink of bankruptcy.

Nasr said that the Central Bank of Yemen was in charge of selling bonds, and commercial banks would buy them with a limited interest ranging between 16 and 18%. He added that since the central bank declared its bankruptcy and can no longer sell notes, and banks are not able to buy, commercial banks had lost their most vital source.

According to the chairman, relocating the headquarters of banks from Sanaa, which is under insurgency’s control, to Aden would change the situation.

Concerning the role of the legitimacy amid this crisis, Nasr believed that it should continue to operate the central bank in Aden. He added that they should prepare for the move of main branches of commercial and Islamic banks to Aden to promote the economic cycle.
Yemen forces recapture Nihm district in Sanaa
9c1bcba5-7579-4832-ade5-e101177ae02b_16x9_788x442.jpg

Yemen Popular Resistance forces hold position during battle against Houthis militias west of Marib. (File photo: AFP)​

Staff writer, Al Arabiya English
Saturday, 24 December 2016

Yemen’s armed and resistance forces were able to recapture several key areas within a district in the capital Sanaa.

Several areas including Telti al-Hamra, al-Madfoun and al-Talal from the Nihm district of Sanaa were liberated after more than a year of being held by Houthi militias and forces loyal to ousted former president Ali Abdullah Saleh.

Nihm has been subjected to fierce fighting from both sides attempting to control the district located east of the capital.

Meanwhile in Taiz, armed forces of the legitimate government of Abdrabbu Mansour Hadi were able to recapture a military hospital in a battle where Houthi militias incurred losses. Among them was key militia leader named Abu Assem.

The advancements come a day after Saudi forces were able to carry out a night-time operation in Jizan and Najran, after spotting Houthi and Saleh militias near the Saudi border, leading to the death of 30 Houthis.

Last Update: Saturday, 24 December 2016 KSA 16:24 - GMT 13:24

A commander of the Republican Guard joins the national army forces in Nehm


http://www.suhf.net/yemen/30891

Also Saudi Arabian casualties in Yemen have been very low. Laughable even.

We would need at least 1000 years of fighting to reach the casualty numbers that your marathon runners achieved against Iraq (a smaller and less populous state). Those marathon runners armed with "keys to heaven".

Anyway I understand your crying and butthurt for having been rejected but as I said given history you should be used to this.

No one believes your propaganda. These propaganda are for internal consumption and no one buys it outside the GCC. Al Arabiya along with Sahrgh al awsat are Saudi mouthpiece and are not reliable sources. Their last shameful lie was about the pregnancy of Iraqi women by foreign pilgrims during Muharam.

Even your allies have realized that you guys are bunch of losers and have abandoned you. Emirates and Americans in Yemen and Turkish in Syria.
 
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