The United Arab Emirates said on Tuesday it was pulling out its remaining forces in Yemen after Saudi Arabia backed a call for UAE forces to leave the country within 24 hours. “In light of recent developments and their potential implications for the safety and effectiveness of counterterrorism missions, the Ministry of Defence announces the termination of the remaining counterterrorism personnel in Yemen of its own volition, in a manner that ensures the safety of its personnel and in coordination with the concerned partners,” said the UAE’s Ministry of Defence on X. The statement added that UAE’s presence in Yemen was limited to specialised personnel “as part of counterterrorism efforts, in coordination with relevant international partners”. The Gulf monarchy also rejected Saudi Arabia’s accusations that it supplied weapons to a Yemeni separatist faction amid rising tensions between the two Gulf monarchies. “The shipment in question did not contain any weapons, and the vehicles unloaded were not intended for ...
Pakistan and Saudi Arabia on Tuesday launched the Economic Cooperation Framework, which is based on their shared economic interests and reaffirms their desire to strengthen trade and investment relations. The decision to launch the framework was taken during a Monday meeting between Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman on the sidelines of the Ninth Edition of the Future Investment Initiative (FII9) in Riyadh, according to a statement from the Foreign Office (FO). The FII9 convened global leaders, investors, policymakers, and innovators to explore the theme, ‘The Key to Prosperity: Unlocking New Frontiers of Growth’ and discuss key topics such as innovation, sustainability, economic inclusion, and geopolitical shifts. “As part of the framework, several strategic and high-impact projects will be discussed in the economic, trade, investment and development fields that will contribute to strengthening cooperation between the two governments, enhancing the pivotal role of the pr...