Arab coalition bombs air base being used by Houthi militias

Colonel Turki Al-Malki said a base in the Yemeni capital was hit. (AN photo)
Updated 03 November 2018

Arab coalition bombs air base being used by Houthi militias

  • Al-Malki added that Sanaa International Airport remains open to UN and relief-aid air traffic

JEDDAH: The Arab coalition fighting Iran-backed Houthi militias in Yemen said Friday it bombed an air base adjacent to the Sanaa international airport “which was being used by the rebels to launch drone and ballistic missile attacks.”

Turki Al-Malki, a spokesman for the coalition, said that no flights or international aid efforts at the airport were affected by the airstrikes targeting Al-Dulaimi Air Base in Sanaa. 

He added that Saudi air defense forces on Friday shot down a missile launched by Yemeni insurgents at the southern Saudi border city of Najran. The rocket was fired from Saada in northern Yemen, he said.

Fierce clashes flared between the Houthis and pro-government forces near Hodeidah.

A day after the government offered to restart peace talks with the insurgents, a pro-government military source told AFP that loyalist forces closing in on the Houthi-held Red Sea port city had reached its university.

The advance sparked intense fighting with rebels, with medical workers at two hospitals in the city reporting at least 34 Houthi fighters killed and dozens wounded during the past 24 hours.

Pro-government military officials and a medic in Hodeidah said six loyalist fighters had died in the violence. The fighting began on Thursday evening, backed by coalition airstrikes, they said.

A pro-government force backed by the UAE said it had launched “a large-scale military operation to liberate and cleanse Hodeidah” of the Houthi rebels.

High-level investment forum aims to further boost business between Saudi Arabia and Japan

Updated 18 June 2019

High-level investment forum aims to further boost business between Saudi Arabia and Japan

  • Japan is one of Saudi Arabia’s most important economic partners

TOKYO: More than 300 government, investment and industry leaders on Monday took part in a high-level gathering aimed at further boosting business opportunities between Saudi Arabia and Japan.

The Saudi Arabian General Investment Authority (SAGIA) welcomed key figures from the public and private sectors to the Saudi-Japan Vision 2030 Business Forum, held in Tokyo.

Hosted in partnership with the Japan External Trade Organization (JETRO), the conference focused on the creation of investment opportunities in strategic sectors of the Kingdom. Delegates also discussed key reforms currently underway to enable easier market access for foreign companies.

Speaking at the event, Saudi Economy and Planning Minister Mohammed Al-Tuwaijri, said: “Today’s forum is a testimony to the success of the strategic direction set by the Saudi-Japanese Vision 2030 two years ago, which seeks to drive private-sector involvement, both by partnering with public-sector entities.”

SAGIA Gov. Ibrahim Al-Omar said: “At SAGIA, we have been working on creating a more attractive and favorable business environment in Saudi Arabia, which is making it easier for foreign companies to access opportunities in the Kingdom.”

Japan is one of Saudi Arabia’s most important economic partners. It is the Kingdom’s second-largest source of foreign capital and third-biggest trading partner, with total trade exceeding $39 billion.

JETRO president, Yasushi Akahoshi, said: “Saudi-Japan Vision 2030 has made great progress since it was first announced. Under this strategic initiative, the number of cooperative projects between our two countries has nearly doubled, from 31 to 61, and represents a diverse range of sectors and stakeholders.”

Since 2016, the Saudi government has delivered 45 percent of more than 500 planned reforms, including the introduction of 100 percent foreign ownership rights, enhancing legal infrastructure and offering greater protection for shareholders.

As a result, the Kingdom has climbed international competitiveness and ease-of-doing-business rankings, with foreign direct investment inflows increasing by 127 percent in 2018 and the number of new companies entering Saudi Arabia rising by 70 percent on a year-on-year basis in the first quarter of 2019.