Yemeni president looking forward to the return of Chinese oil, gas and energy investments

Above, an oil refinery company in Yemen's port city of Aden in this September 2015 photo. (AFP)
Updated 19 October 2018
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Yemeni president looking forward to the return of Chinese oil, gas and energy investments

  • The Yemeni president called for re-activating the previous agreements and understandings between Yemen and China
  • The Chinese ambassador renewed his country’s support for President Abed Rabbo Mansour Hadi

DUBAI: Yemeni President Abed Rabbo Mansour Hadi said that he is looking forward to the return of Chinese investments to Yemen in terms of oil, gas and energy.
Saba News Agency stated that during his meeting with the newly appointed Chinese ambassador to Yemen, Kang Yong, the Yemeni president called for re-activating the previous agreements and understandings between Yemen and China. He praised China’s stances that supported Yemen and its constitutional legitimacy in various international forums.
The Chinese ambassador renewed his country’s support for Hadi and said that “he (Hadi) represents the legitimacy of Yemen, which was unanimously agreed upon by the Yemeni people and supported by international and UN resolutions.”
Ambassador Yong confirmed China’s firm and supportive stance for Yemen and its constitutional legitimacy, until the return of the peace it deserves in accordance with the three principles that were approved on the local and international levels.


US puts up $10m reward for Hezbollah information

Updated 23 April 2019
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US puts up $10m reward for Hezbollah information

  • The money is for anyone who provides intelligence that allows the US to disrupt Hezbollah in key ways

WASHINGTON: The US on Monday offered a $10 million reward for information that would disrupt the finances of Lebanon’s Shiite militant movement Hezbollah.
The State Department said it would give the money to anyone who provides intelligence that allows the US to disrupt Hezbollah in key ways.
The areas include information on Hezbollah’s donors, on financial institutions that assist its transactions and on businesses controlled by the movement.
President Donald Trump’s administration has put a top priority on reducing the influence of Iran, the primary backer of Hezbollah.
The State Department listed three alleged Hezbollah financiers as examples of activities it was seeking to stop, with one, Ali Youssef Charara, allegedly funding the group by investing millions of dollars from Hezbollah in the telecommunications industry in West Africa.
Secretary of State Mike Pompeo has pointed to a recent appeal by Hezbollah for donations as a sign of US success in curbing Iran.
On a visit last month to Beirut, Pompeo urged Lebanon to counter the “dark ambitions” of Iran and Hezbollah but was rebuffed by Foreign Minister Gebran Bassil, who said Hezbollah was not a terrorist group and enjoyed a wide base.
The United States has vowed for decades to fight Shiite militants in Lebanon, with memories still bitter over the 1983 attack on a military barracks in Beirut that killed 241 Americans.
Hezbollah, however, also functions as a political party, with posts in the current cabinet, and enjoys support among some Lebanese who recall its guerrilla campaign that led Israel to withdraw from the country in 2000.