Abu Dhabi / WAM The UAE has supported Yemen, especially the Socotra archipelago, for many years, as part of the directives of the late Sheikh Zayed bin Sultan Al Nahyan and President His Highness Sheikh Khalifa bin Zayed Al Nahyan. The UAE’s historic support for the Yemeni people reflects its commitment to unify the country and improve the conditions of ...

ADEN / WAM Yemen’s National Resistance Forces, backed by the UAE Armed Forces, have liberated Hima Port, situated north of Al Khawkha. This latest advance saw the collapse of Houthi militia capabilities. The Hima Port liberation is part of a large-scale military operation to dismantle Houthi militias, and liberate Yemeni cities.

Bloomberg The fate of the flattening US yield curve now rests squarely in the words of Federal Reserve officials. Bond traders have already reached their verdict. The yield spread between 5- and 30-year Treasuries narrowed last week to as little as 26.2 basis points, the lowest since August 2007. The prospect of an inverted curve, which has presaged past recessions, ...