DUBAI, United Arab Emirates: Yemen’s Houthi rebels are threatening to attack the United Arab Emirates, days after they claimed attacks on key oil facilities in Saudi Arabia.
Yahia Sarie, a spokesman for the Houthi forces, told a press conference Wednesday that they have “dozens of targets” in the UAE that “could be targeted at any time.”
Saudi Arabia and the UAE have fought a yearslong war in Yemen that’s killed tens of thousands of people.
He also alleged that they used “other drones to disrupt the enemy so the main drones can reach the target” during Saturday’s attacks.
The pre-dawn strikes hit a Saudi oil field and the world’s largest crude oil processing plant, disrupting the kingdom’s oil production.
The Saudi military has shown journalists what they describe as an Iranian cruise missile and drones used in an attack this weekend that targeted the heart of Saudi Arabia’s oil industry.
Saudi officials showed journalists the material at a news conference Wednesday in Riyadh, the kingdom’s capital.
They said the cruise missile, which had what appeared to be a jet engine attached to it, was a land-attack cruise missile that failed to explode.
On Saturday, an attack struck the world’s biggest oil processing facility in Saudi Arabia, as well as an oil field. Though Yemen’s Houthi rebels claimed the assault, the US alleges Iran was behind it.
Tehran has denied being involved and warned the US it would retaliate “immediately” if targeted over it.
A Saudi military spokesman says an attack on its oil industry came “from the north.”
Col. Turki Al-Maliki did not elaborate, but to the north across the Arabian Gulf is Iraq and Iran.
He spoke at a news conference Wednesday in Riyadh, the kingdom’s capital.
Al-Maliki said the attack was “unquestionable sponsored by Iran.”
On Saturday, an attack struck the world’s biggest oil processing facility in Saudi Arabia, as well as an oil field. Though Yemen’s Houthi rebels claimed the assault, the US alleges Iran was behind it.
Tehran has denied being involved and warned the US it would retaliate “immediately” if targeted over it.
The International Energy Agency says oil markets remain well supplied and that it’s not yet considered releasing emergency stocks of crude to offset the drop in output caused by the weekend attacks on Saudi oil installations.
The Paris-based agency, which advises governments and can release oil stocks in times of crisis, said Wednesday its member states hold about 1.55 billion barrels of emergency reserves. That amounts to 15 days of world oil demand, “more than enough to offset any significant disruption in supplies for an extended period of time.”
The IEA has only released emergency stocks three times: in 1991 ahead of the Gulf War, in 2005 due to hurricanes in the US and in 2011 over the Libyan war.
IEA head Fatih Birol said: “At this point, we do not see the need to take such action.”
A Saudi-led coalition has been battling Yemen’s Iranian-backed Houthi rebels since March 2015.
France is sending experts to help investigate drone attacks on Saudi oil facilities.
French President Emmanuel Macron’s office announced the move in a statement Wednesday after the French leader spoke to Saudi Crown Prince Mohammed bin Salman.
The statement says the French experts are going at Saudi request to help “shed all light on the origin and methods” of the attacks.
Macron denounced the attacks and stressed the importance of Saudi Arabia’s security.
Macron’s office said Tuesday that France is continuing diplomatic efforts to reduce tensions around the Arabian Gulf.
Saturday’s attack targeted the world’s largest oil processing facility and a major oil field in Saudi Arabia. Yemen’s Houthi rebels claimed the attack, though the US and Saudi Arabia suspect Iran was behind the assault. Iran denies being involved.
Saudi Arabia says it is joining a US-led coalition to secure the Mideast’s waterways after an attack targeting its crucial oil industry.
The state-run Saudi Press Agency carried a statement Wednesday morning quoting an unnamed official saying the kingdom had joined the International Maritime Security Construct.
That’s a mission already joined by Australia, Bahrain, and the United Kingdom.
The US formed the coalition after attacks on oil tankers that American officials blame on Iran, as well as Iran’s seizure of tankers in the region. Iran denies being behind the tanker explosions.
The US military did not immediately respond to a request for comment.
On Saturday, an attack struck the world’s biggest oil processing facility in Saudi Arabia.
Yemen’s rebels threaten to hit UAE targets after KSA
Yemen’s rebels threaten to hit UAE targets after KSA
- Dozens of targets in UAE can be hit anytime, Houthi rebels claim
- A Saudi-led coalition has been battling Yemen’s Iranian-backed Houthi rebels since March 2015
Pakistan’s finance minister eyes fresh IMF loan deal by fiscal year-end
- Muhammad Aurangzeb plans to discuss the contours of the new loan program during his meetings in Washington
- Pakistan has successfully completed the second and final review under a short-term IMF agreement for $1.1 billion
ISLAMABAD: Pakistan plans to reach a staff-level agreement with the International Monetary Fund (IMF) for a new loan program by the end of the current fiscal year, said finance minister Muhammad Aurangzeb on Friday, adding the issue would come up for discussion in his upcoming meetings in Washington.
Pakistan successfully completed the second and final review under a short-term IMF stand-by arrangement amounting to $3 billion earlier this month, clearing the way for the disbursement of the final tranche of nearly $1.1 billion.
However, the country’s fragile $350-billion economy continues to be in desperate need for external financing to shore up its foreign exchange reserves and escape yet another macroeconomic crisis. This was also indicated by Prime Minister Shehbaz Sharif who pointed out it was “inevitable” for his government to seek further IMF assistance after taking over the top political office of his country.
The Pakistani finance minister said he was going to attend the spring meetings in Washington where he would meet the IMF and World Bank officials and discuss the contours of a fresh Extended Fund Facility (EFF).
“Those discussions will go into end April, into May,” he informed. “We can expect, because no final discussion or agreement [with IMF] has taken place yet, but it is our desire that by the time we wrap up this fiscal year, so end June, early July, we at least reach the staff-level agreement [for the EFF].”
Committing to a new IMF program will require Pakistan to implement steps needed to stay on a narrow path to recovery. The country has already tried to implement stringent economic reforms like raising fuel and power rates that have led to spiraling inflation in the country.
Getting into another IMF program would further limit the government’s policy options to provide relief to a deeply frustrated population and cater to industries that are looking for government support to spur growth.
PCB meets to discuss national team captaincy amid reports of Babar Azam comeback
- Meeting takes place amid widespread speculation Babar could take over as Pakistan captain for upcoming T20 series against New Zealand
- Babar stepped down as all-format captain last November following the team’s failure to reach ICC Men’s World Cup semifinals with five defeats
KARACHI: The chairman of the Pakistan Cricket Board (PCB) met the body’s selection committee and other key officials to discuss the national team’s captaincy, the PCB said on Friday, amid reports former all-format captain Babar Azam’s name was under consideration for the position.
PCB Chairman Mohsin Naqvi chaired the meeting at the PCB headquarters in the eastern city of Lahore, according to the cricket board.
PCB Chief Operating Officer Salman Naseer, Selection Committee members Muhammad Yusuf, Wahab Riaz, Abdul Razzaq and Bilal Afzal, and PCB International Cricket Director Usman Wahla attended the conference.
“The members of the selection committee made recommendations to Chairman PCB Mohsin Naqvi about the captain of the national cricket team,” the PCB said in a statement.
“Coaches were also consulted at the meeting.”
Local media has widely speculated this week that Babar could make a comeback as Pakistan captain in the upcoming five-match T20 series against New Zealand.
The series is scheduled to be played in Rawalpindi on April 18, 20 and 21 and in Lahore on April 25 and 27.
The PCB, under former chief Zaka Ashraf, had appointed Shaheen Shah Afridi as Pakistan captain for the limited-over format after the national team’s poor show at the 2023 ICC Men’s Cricket World Cup in India. Shan Masood was given the Test captaincy at the time.
In November last year, Babar announced he was stepping down as all-format captain following the team’s failure to reach the World Cup semifinals with five defeats — including a seven-wicket mauling by India in front of more than 100,000 fans — and four wins. The team also lost to Afghanistan for the first time.
Babar was particularly under fire for the poor show of a team that was ranked as the world’s top ODI side before the tournament.
This was the fifth time in the last six World Cups that Pakistan failed to reach the semifinals.
Babar was appointed T20I and ODI captain in 2019 before eventually captaining the Test side since 2020.
Pakistan briefs Chinese investigation team on security measures after deadly suicide bombing
- Five Chinese nationals were killed on Tuesday in northwestern Pakistan when a suicide bomber targeted their vehicle
- Pakistan has since then enhanced security for Chinese personnel in the country, vowed to punish culprits of the attack
ISLAMABAD: Pakistan’s Interior Minister Mohsin Naqvi on Friday briefed a Chinese investigation team on a suicide attack in Pakistan’s Shangla, which killed five Chinese nationals this week, promising to bring to justice the perpetrators of the deadly bombing.
Five Chinese nationals and their Pakistani driver were killed on Tuesday in the northwestern Pakistani district of Shangla, when a bomber rammed his explosive-laden car into their vehicle.
The victims were en route to a hydropower project when the attack occurred in an area vital to the Chine-Pakistan Economic Corridor (CPEC), part of Beijing Belt and Road Initiative (BRI).
Naqvi visited the Chinese embassy in Islamabad to brief the special investigation team that arrived from China, according to the Pakistani interior ministry.
“In the meeting, measures for the protection of Chinese citizens and overall security were discussed,” Naqvi’s ministry said in a statement. “The real culprits of the Shangla attack will be brought to justice,” the statement quoted the minister as saying.
Naqvi also met the Chinese ambassador and shared with him updates regarding the attack, according to the statement.
Tuesday’s attack came less than a week after Pakistani security forces killed eight Balochistan Liberation Army (BLA) separatists, who opened fire on a convoy carrying Chinese citizens outside the Chinese-funded Gwadar port in the volatile southwestern Balochistan province.
Hundreds of Chinese engineers and technicians have been working on projects, primarily in Pakistan’s northwest and southwest, under CPEC — a network of roads, railways, pipelines and ports in Pakistan that will connect China to the Arabian Sea and help Islamabad expand and modernize its economy.
Beijing has pledged to invest over $65 billion in energy and infrastructure projects in Pakistan as part of the corridor.
The interior minister’s meeting with the Chinese team came a day after Chinese foreign ministry spokesperson Lin Jian said his government believed Islamabad would hold accountable the perpetrators of the deadly attack.
“The Pakistani side is working intensively to investigate and handle the aftermath and has taken concrete steps to enhance security for Chinese personnel, projects and institutions,” Lin told reporters during a press briefing.
“We believe Pakistan will get to the bottom of the attack and bring the perpetrators to justice as soon as possible.”
In a first, foreign minister replaces finance chief in Pakistan’s largest decision-making body
- The CCI decides matters like distribution of natural resources upon which there is disagreement between center, provinces
- Members of the council include four provincial chief ministers as well as foreign, defense and frontier regions ministers
ISLAMABAD: The Pakistani government this week constituted the Council of Common Interests (CCI), with the foreign minister replacing the finance chief in the decision-making body.
The CCI is a constitutional body and its members are appointed by the president on the advice of the prime minister. The council resolves power-sharing and other disputes between the federation and the provinces.
Members of the council include four provincial chief ministers, Foreign Minister Ishaq Dar, Defense Minister Khawaja Asif, and State and Frontier Regions Minister Ameer Muqam, according to a government notification.
“In exercise of the powers conferred under Article 153 of the Constitution of Islamic Republic of Pakistan, the president, on the advice of the prime minister, has constituted the Council of Common Interests, with effect from 21st March,” read the notification dated March 25.
“This supersedes Secretariat of CCI’s notification of even number, dated 9th January.”
The CCI is the largest decision-making body in the country that decides matters like the distribution of natural resources, upon which there is a disagreement between the center and provinces.
The top forum is headed by the prime minister.
Pakistan official says China halts work on two projects after deadly attack
- The companies have demanded Pakistan authorities come up with new security plans before reopening the sites
- The security of Chinese workers, who are frequently targeted by militants, is a major concern to both countries
PESHAWAR: Chinese contractors have halted construction on two major dam projects in Pakistan after a suicide bomber killed five Chinese engineers and a Pakistani driver this week, a provincial official told AFP on Friday.
The companies have demanded that Pakistan authorities come up with new security plans before reopening the sites where around 1,250 Chinese nationals are working, the official said.
The security of Chinese workers is a major concern to both countries, with nationals frequently targeted by militants hostile to outside influence.
The workers were targeted on Tuesday by a suicide bomber who rammed into their vehicle on a mountainous road near one of the dam sites.
He detonated his explosives on impact, plunging their vehicle into a deep ravine.
A senior official from the Khyber Pakhtunkhwa interior department told AFP on condition of anonymity that since Wednesday, China Gezhouba Group Company has halted work on the Dasu dam in the province and Power China has stopped work on Diamer Bhasha dam, which straddles two provinces.
“They have demanded new security plans from the government,” he said.
“Around 750 Chinese engineers are engaged in the Dasu Dam project, while 500 are working on the Diamer Bhasha Dam,” he added.
He said the movement of Chinese engineers has been restricted to the compounds where they live, close to the sites.
China has not commented, but this week repeatedly urged Pakistan to ensure the safety of its nationals.
Beijing is Islamabad’s closest regional ally, readily providing financial assistance to bail out its often-struggling neighbor.
China has inked more than two trillion dollars in contracts around the world under its Belt and Road investment scheme, with billions pouring into infrastructure projects in Pakistan.
But Pakistanis have long complained that they are not getting a fair share of jobs or wealth created by the projects.
Tuesday’s attack sparked a flurry of diplomatic activity at the Chinese embassy in Islamabad, with Prime Minister Shehbaz Sharif and the foreign and interior ministers offering condolences in quick succession.
China’s foreign ministry declared the countries “iron-clad friends” but asked Pakistan to “take effective measures to ensure the safety and security of Chinese nationals, projects, and institutions.”
Tuesday’s attack came just days after militants attempted to storm offices of the Gwadar deepwater port in the southwest, considered a cornerstone of Chinese investment in Pakistan.
In 2019, gunmen stormed a luxury hotel in Balochistan province overlooking the flagship Chinese-backed deepwater seaport in Gwadar that gives strategic access to the Arabian Sea — killing at least eight people.
In June 2020, Baloch insurgents targeted the Pakistan Stock Exchange, which is partly owned by Chinese companies, in the commercial capital of Karachi.