Yemen PM thanks Kingdom for saving economy

The Yemeni government announced its budget for 2018 after a three-year hiatus following the Houthi terrorist coup and the takeover of the capital Sanaa in September 2014. (Supplied)
Updated 21 January 2018
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Yemen PM thanks Kingdom for saving economy

ADEN: Yemen Prime Minister Ahmed Obaid bin Daghr thanked the Kingdom of Saudi Arabia for saving the Yemeni economy from collapsing.
It followed a directive issued by King Salman to deposit $2 billion with the Central Bank of Yemen.
Ahmed Obaid bin Daghr said in his announcement of the government’s budget for the fiscal year 2018, that the Kingdom’s deposit saved the Yemeni economy from a complete collapse and restored the balance of the currency, Saudi state-run news agency SPA reported.
He added that the budget approved the salaries for military employees and civil servants of 12 provinces for the whole year. 
The Yemeni government announced its budget for 2018 after a three-year hiatus following the Houthi terrorist coup and the takeover of the capital Sanaa in September 2014.
Ahmed Obaid bin Daghr told a news conference in the interim capital of Aden on Sunday that the new budget was worth 987.2 billion riyals, and expenses were estimated at 1.465 trillion riyals and a financial deficit of 33 percent.
“The budget, by all standards, remains an austerity budget governed by the conditions of the coup against legitimacy,” Bin Daghr said.
He added that the Yemeni House of Representatives, would hold a meeting next month to approve the budget.


Egyptian court adds radical group to terrorism list

Al-Gamaa Al-Islamiya was added to a list of terrorist groups. (File/AFP)
Updated 13 November 2018
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Egyptian court adds radical group to terrorism list

CAIRO: A Cairo criminal court has added radical group Al-Gamaa Al-Islamiya as well as 164 of its leaders and members to a list of terrorist entities, Egypt’s official gazette said on Sunday.

The group waged a bloody campaign against Egypt’s security forces in the 1990s but later gave up violence and entered mainstream politics.

Previous rulings adding individuals to the terrorism list have focused on the Muslim Brotherhood, which has been subject to a far-reaching crackdown since the Brotherhood’s Mohamed Mursi was ousted as president in 2013.

In an Oct. 28 ruling, the Cairo court said that following the 2011 uprising that toppled former Egyptian leader Hosni Mubarak, “many leaders and members of Al-Gamaa Al-Islamiya renounced their previous initiatives to stop violence,” according to the official gazette. Travel bans and asset freezes are automatically imposed on those included on the terrorist list. Criminal court rulings can be appealed against at the court of cassation, Egypt’s highest court.