DUBAI: A ship traveling Friday through the narrow Bab el-Mandeb Strait came under attack by suspected pirates, officials said.
The incident saw a ship chased by smaller vessels that opened fire on it, the British military’s United Kingdom Maritime Trade Operations center said.
The private security firm Diaplous Group said the vessel twice came under attack and armed guards aboard it opened fire in response. It said the crew was safe and described the ship as a bulk carrier.
The Bab el-Mandeb connects the Red Sea and the Gulf of Aden, separating the African continent from the Arabian Peninsula.
The area had seen attacks by Yemen’s Houthi rebels over the Israel-Hamas war, as well as a rise in piracy from Somalia as well. The Houthis have halted their attacks, however, as an uneasy ceasefire holds in the Gaza Strip.
Ship in Bab el-Mandeb Strait attacked by suspected pirates, officials say
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Ship in Bab el-Mandeb Strait attacked by suspected pirates, officials say
- The British military’s United Kingdom Maritime Trade Operations center says the incident Friday saw a ship chased by smaller vessels that opened fire on it
- The private security firm Diaplous Group says the vessel twice came under attack and armed guards aboard opened fire in response
Syria’s growth accelerates as sanctions ease, refugees return
- Economy grows much faster than World Bank’s 1% estimate, fueling plans for currency’s relaunch
NEW YORK: Syria’s economy is growing much faster than the World Bank’s 1 percent estimate for 2025 as refugees flow back after the end of a 14-year civil war, fueling plans for the relaunch of the country’s currency and efforts to build a new Middle East financial hub, central bank Governor AbdulKader Husrieh has said.
Speaking via video link at a conference in New York, Husrieh also said he welcomed a deal with Visa to establish digital payment systems and added that the country is working with the International Monetary Fund to develop methods to accurately measure economic data to reflect the resurgence.
The Syrian central bank chief, who is helping guide the war-torn country’s reintegration into the global economy after the fall of Bashar Assad’s regime about a year ago, described the repeal of many US sanctions against Syria as “a miracle.”
The US Treasury on Nov. 10 announced a 180-day extension of the suspension of the so-called Caesar sanctions against Syria; lifting them entirely requires approval by the US Congress.
Husrieh said that based on discussions with US lawmakers, he expects the sanctions to be repealed by the end of 2025, ending “the last episode of the sanctions.”
“Once this happens, this will give comfort to our potential correspondent banks about dealing with Syria,” he said.
Husrieh also said that Syria was working to revamp regulations aimed at combating money laundering and the financing of terrorism, which he said would provide further assurances to international lenders.
Syria’s central bank has recently organized workshops with banks from the US, Turkiye, Jordan and Australia to discuss due diligence in reviewing transactions, he added.
Husrieh said that Syria is preparing to launch a new currency in eight note denominations and confirmed plans to remove two zeroes from them in a bid to restore confidence in the battered pound.
“The new currency will be a signal and symbol for this financial liberation,” Husrieh said. “We are glad that we are working with Visa and Mastercard,” Husrieh said.
