Saudi Arabia’s defenses thwart new Houthi attacks

Saudi air defenses intercepted and destroyed a hostile aerial target launched toward the Saudi city of Taif. (File/AFP)
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Updated 04 January 2022
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Saudi Arabia’s defenses thwart new Houthi attacks

  • The Kingdom’s defenses intercepted and destroyed a number of drones and a ‘hostile aerial target’
  • Arab coalition kills more than 230 Houthis in airstrikes on Marib and Shabwa in Yemen

RIYADH: Saudi Arabia's defenses on Monday thwarted a number of Houthi attempts to target the Kingdom, the Arab coalition said.
The Kingdom’s defenses intercepted and destroyed five drones that the coalition said it had been monitoring and were launched from the Yemeni capital Sanaa.
“Operational options are on the table in response to the threat and to deter the hostile behavior of the Houthi militia,” the coalition said.

Earlier on Monday, the Kingdom’s Ministry of Defense said air defenses intercepted and destroyed a “hostile aerial target” launched toward the city of Taif.
“The aerial threat was launched by the Houthi militia from inside Yemen,” the ministry said, adding: “We are taking deterrent operational measures to neutralize the threat and protect civilians.”
The Houthi militia have been launching near daily cross border attacks on the Kingdom’s southern region.
On Sunday, the coalition said three drones were intercepted and downed as they were headed for populated areas in Najran.
On Monday, the coalition also released footage of it intercepting and destroying the three drones launched by the Houthi militia toward Saudi Arabia’s southern region a day earlier.
Meanwhile, the Arab coalition said it had killed more than 97 Houthi fighters in airstrikes on Yemen’s Marib province in the past 24 hours.
The coalition added that it had carried out 12 operations targeting the Iran-backed Houthi militia in the energy-rich governorate and also destroyed five military vehicles.
It also said that it carried out 23 targeting operations in Shabwa, killing more than 133 militants and destroying 15 military vehicles.


Economic growth and resilience at heart of 2nd AlUla Emerging Market Economies Conference

Updated 9 sec ago
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Economic growth and resilience at heart of 2nd AlUla Emerging Market Economies Conference

  • Event on Feb. 8 and 9 will bring together ministers, governors of central banks, policymakers, economic experts and international financial institutions
  • Emerging-market economies a ‘pivotal element’ in global economic system due to effect they have on growth and stability, says Saudi Finance Minister Mohammed Al-Jadaan

RIYADH: The second annual AlUla Conference for Emerging Market Economies, which Saudi Arabia will host next week, offers a platform to exchange views on global developments and discuss policies and reforms that support inclusive growth and strengthen economic resilience, the Kingdom’s finance minister said.

The event on Feb. 8 and 9 will bring together finance ministers, governors of central banks and policymakers, alongside economic experts and representatives of international financial institutions.

Organized by the Saudi Ministry of Finance in partnership with the International Monetary Fund, it takes place as emerging-market economies face mounting challenges amid rapid global economic change.

Finance Minister Mohammed Al-Jadaan said the decision to host the conference reflects Saudi Arabia’s ongoing commitment to efforts that support global financial and economic stability, and highlights the growing influence of emerging economies on worldwide growth.

Emerging-market economies represent a “pivotal element” in the global economic system due to the direct impact they have on economic growth and stability, he added.

“The AlUla Conference for Emerging Market Economies provides a unique platform for exchanging views on global economic developments, and discussing policies and reforms that will support inclusive growth and enhance economic resilience, in light of broader international cooperation that contributes to confronting common challenges,” Al-Jadaan said.

Kristalina Georgieva, managing director of the IMF, said the event would help emerging economies deal with growing uncertainty driven by technological change, demographic shifts and geopolitical tensions.

“The AlUla conference provides a vital platform for emerging economies to discuss how they can navigate the risks and embrace the opportunities ahead,” she said.

“In these times of sweeping transformations in the global economy, policymakers face a more challenging and uncertain environment. Countries should work together to strengthen resilience through sound macroeconomic and financial policies.”