Yemen’s Houthis say they have arrested an ‘American-Israeli spy cell’

Tribesmen loyal to the Houthis walk on US and Israeli flags at the site of a parade for new tribal recruits amid escalating tensions with the US-led coalition in the Red Sea, in Bani Hushaish, Yemen January 22, 2024. (REUTERS)
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Updated 11 June 2024
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Yemen’s Houthis say they have arrested an ‘American-Israeli spy cell’

  • Houthi Al Masirah TV posted a series of videos on its Telegram channel allegedly showing the confessions of some of those arrested

CAIRO: Yemen’s Houthis said on Monday they have arrested an “American-Israeli spy cell,” a few days after the Iran-backed group detained about a dozen United Nations personnel.
The alleged cell included former staff of the US embassy in Yemen, according to a television statement from Abdel Hakim Al Khaiwani, the Houthis’ intelligence chief.
“The American-Israeli spy cell carried out espionage and sabotage activities in official and unofficial institutions for decades in favor of the enemy,” he said.
“Members of the spy spell and American officers exploited their positions at the American embassy to carry out their sabotage activities. After the American embassy left Sanaa ... the members of the spy cell continued to implement their sabotage agendas under the cover of international and UN organizations.”
Israeli government officials had no immediate comment, and the UN declined to comment on the allegations. The US State Department did not immediately respond to a request for comment.
UN spokesperson Stephane Dujarric said the agency was working to secure the release of its 11 detained staff who work for five different UN agencies and the UN envoy for Yemen.
In a series of raids, armed Houthi intelligence officers also detained three employees of the US-funded pro-democracy group National Democratic Institute and three employees of a local human rights group, according to three officials of Yemen’s internationally recognized government who spoke to Reuters on Friday.
Houthi Al Masirah TV posted a series of videos on its Telegram channel allegedly showing the confessions of some of those arrested. Reuters could not independently verify the videos.
The Houthis, who are aligned with Iran, have attacked shipping in the Red Sea in what they say are acts of solidarity with Palestinians amid the Gaza war, drawing airstrikes from the United States and Britain.
They have held around 20 Yemeni employees of the US embassy in Sanaa for the past three years. The embassy suspended operations in 2014.

 


Iran election shows declining voter support amid calls for change

Updated 01 July 2024
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Iran election shows declining voter support amid calls for change

  • Of 61 million eligible voters, only about 40 percent cast ballots, marking record-low turnout in country
  • Iran has been reeling from economic impact of international sanctions, contributing to inflation, unemployment

TEHRAN: The first round of Iran’s presidential election revealed shrinking support for reformists and conservatives even though some voters are pushing for change by backing the sole reformist candidate, analysts say.
Masoud Pezeshkian, the reformist contender and ultraconservative Saeed Jalili, led the polls held on Friday to replace the late President Ebrahim Raisi, who died in a helicopter crash last month.
Friday’s vote, marked by a historically low turnout, “clearly shows that both reformists’ and conservatives’ bases have considerably shrunk,” said Ali Vaez of the International Crisis Group think tank.
In the lead-up to the election, Iran’s main reformist coalition supported Pezeshkian, with endorsements by former presidents Mohammed Khatami and Hassan Rouhani, a moderate.

FASTFACT

The combined votes of Saeed Jalili and Mohammed Baqer Qalibaf totaled 12.8 million.

“The reformists brought out the big guns and tried their best to mobilize their base,” Vaez said on social media platform X, but “it was simply insufficient.”
Likewise, the conservatives failed to garner sufficient votes “despite the tremendous resources they deployed,” he added.
Vaez pointed out that the combined votes of Jalili and conservative parliamentary speaker Mohammed Baqer Qalibaf, who came in third, totaled 12.8 million.
That figure was well below Raisi’s nearly 18 million votes in the 2021 election.
Of the 61 million eligible voters, only about 40 percent cast ballots, marking a record-low turnout in the country where some people have lost faith in the process. More than 1 million ballots were spoiled.
For Vaez, the decline in turnout, from around 49 percent in 2021, was “a real embarrassment for the leadership” in Iran, where ultimate political power lies with the supreme leader, Ayatollah Ali Khamenei.
Political commentator Mohammed Reza Manafi said Pezeshkian’s lead reflected a push for “fundamental changes” regarding the economy and relations with the rest of the world.
However, those favoring Pezeshkian “do not expect a miracle or a quick solution but hope he can gradually prevent conditions from worsening,” Manafi added.
Iran has been reeling from the economic impact of international sanctions, contributing to soaring inflation, high unemployment, and a record low for the Iranian rial against the US dollar.
The vote also came amid heightened regional tensions over the Gaza war between Israel and Hamas and diplomatic tensions over Iran’s nuclear program.
Pezeshkian, an outspoken heart surgeon who has represented the northwestern city of Tabriz in parliament since 2008, came out on top thanks to his “clean record without any accusations of financial corruption,” said Manafi.
Official figures showed Pezeshkian had 42.4 percent of the vote, against 38.6 percent for Jalili.
The reformists have urged “constructive relations” with Washington and European capitals to “get Iran out of its isolation.”
In contrast, Jalili is widely recognized for his uncompromising anti-West stance.
He is a former nuclear negotiator and a representative of Khamenei on the Supreme National Security Council, Iran’s highest security body.
During his campaign, he rallied a substantial base of hard-line supporters under the slogan “no compromise, no surrender” to the West.
He staunchly opposed the 2015 nuclear deal with the US and other world powers, which imposed curbs on Iran’s nuclear activity in return for sanctions relief.
At the time, Jalili argued that the pact violated Iran’s “red lines” by accepting inspections of nuclear sites.
The deal collapsed in 2018.
In a Sunday column in the ultraconservative Javan daily, political expert Ali Alavi hailed Jalili’s “honesty and truthfulness, unlike the others.”
The candidate also received support from Ghalibaf, who, after Saturday’s result, urged his support base to back Jalili in next Friday’s runoff.
Two ultraconservatives who dropped out a day before the election have also endorsed Jalili.
But on Sunday, the reformist newspaper Etemad quoted former vice president Isa Kalantari as warning against a continued conservative grip on the government.
“The country will be in peril and face numerous problems and challenges,” he said.
Vaez said the “Jalili fear factor can’t be overlooked.”
“Many who didn’t vote in this round might vote in the next one: not because they hope for better, but because they fear the worst.”
Political analyst Mohammad Marandi, however, said Jalili may not be “the sort of radical that is depicted by his opponents.”
Marandi believes that under either of the two candidates, Iran will “continue to pursue strong ties with the Global South” countries.
He added that they “will still attempt to see what can be done with the nuclear deal,” though Jalili “will just approach it with more skepticism.”


French insurance company AXA IM Alts expands global presence with opening first Middle East office

Updated 01 July 2024
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French insurance company AXA IM Alts expands global presence with opening first Middle East office

LONDON: French multinational insurance company AXA IM Alts has expanded its global network to the Middle East and opened its first regional office in the UAE on Monday, appointing a Saudi national to lead the local bureau as part of their strong ambitions in the region, the company said.
Specialized in alternative investments, AXA IM Alts has established its new office in Abu Dhabi’s international financial center, making it the 16th globally and will be primarily focused on capital raising across the company’s private and alternative assets range, it told Arab News.
AXA IM Alts has appointed Saudi Ammar Bukhamsin as the senior executive officer of AXA IM Middle East and co-head of the MENA Client Group to head the new office, alongside Francois Boissin, who will be based in Paris, with the aim of capital raising and client servicing capabilities in the region.

Isabelle Scemama, the global head of AXA IM Alts, said: “The opening of our new office in Abu Dhabi marks a significant milestone in our expansion strategy and underscores the strategic importance of the Middle East in our international growth plans.
“This move marks a natural progression for our business in the region and paves the way for further successful partnerships with local investors to meet their rapidly evolving investment requirements, across AXA IM Alts’ expertise,” she added.

Isabelle Scemama, the global head of AXA IM Alts, said the company manages a total of €185 billion ($200 billion) on behalf of 600 clients from around the world. (Supplied)

She told Arab News that the division was created in 2020 and gathered all the private assets under one umbrella, managing a total of €185 billion ($200 billion) on behalf of 600 clients from around the world, with their biggest franchise being real estate, alongside alternative credit, infrastructure, impact investment, and natural capital, which includes reforestation projects, carbon credit trading, green transportation, climate change and energy transition.
“If I look at the capital rate over the past few years, 40 percent have been raised outside Europe, and the Middle East has always been an important area...so the idea is it’s more of a natural evolution, and we think, to serve our clients, we have to be established in the region,” she noted.
“We see we see a lot of appetite” in the region and regard the Middle East as a key partner for European investment,” she said, adding that they will be coordinating the entire region from their new office with “the idea of being closer to our clients” through a dedicated local presence.
On real estate development, Scemama said the opening of the new office comes “at a time where there are more and more regulations to reduce the energy intensity of building, so this capability to asset manage and to do development by ourselves in the different sectors, we see as an opportunity in front of us and we think that it is something that is also appealing for Middle Eastern investors.”

Saudi national, Ammar Bukhamsin, has been appointed to lead the local office and co-head MENA Client Group alongside newly promoted Francois Boissin. (Supplied)

The current plan is to work closely with the local players, big institutions and individuals that have a local presence from there that can help AXA IM Alts get closer to the market and invest alongside them, she said.
“The idea for the moment is really to be closer to our clients, (but) we have not made the decision for the moment to invest in the region — so to deploy capital there, it may happen at some point.
“But we always assist carefully our capability to deploy at scale, scale matters a lot in our market — being able to deploy a lot of capital, but also to diversify portfolio you need a significant size and we know that each time you go in a new jurisdiction it’s a lot of local understanding of the regulation, being able to deploy capital and also to establish a team,” Scemama explained.
She added: “We are very strong on alignment of interest, whether it’s on infrastructure or real estate, (and) we always organize co-investments and guarantee investors that they will not be treated in parallel, but they will have access to our pipeline and they will benefit from the co-investment capabilities we can offer, so that’s something also that is quite appealing for the institutions in the region.”
On Bukhamsin’s appointment, Scemama said he has a long, impressive track record and is very well established in the region as someone who can bring knowledge of the group and its products, which will allow them to be able to speed very rapidly and help open up new opportunities for the company in the long term.
Florence Dard, global head of Client Group at AXA IM Alts, said: “Having built strong relationships in the Middle East over a number of years, the opening of an office in Abu Dhabi is a natural step forward in our strategy to both grow our presence and accelerate our business development in the region.
“As a global leading alternative player, we have actively engaged with a large number of sophisticated Middle Eastern investors who seek attractive alternative investment opportunities, especially in Europe where we have a unique sourcing, access and breadth of offering.”
Arvind Ramamurthy, the chief of market development at ADGM said: “Abu Dhabi, also known as the ‘Capital of Capital,’ has become a premier destination due to its sophisticated regulatory regimes and abundant investment opportunities. As an anchored asset management firm, we look forward to the various expertise and innovative capabilities that AXA IM Alts will bring to ADGM’s vibrant ecosystem and to the region.”
Before joining AXA IM Alts, Bukhamsin previously spent over eight years at the French-based Investment banking company Natixis, including three years as the firm’s CEO for Saudi Arabia, during a 20-year career encompassing senior sales roles at Goldman Sachs, UBS and Citi, the company said.
Boissin has spent the past nine years within AXA, first as vice president of investor relations for the AXA Group and then in capital raising at AXA IM Alts for the past two years, as part of a 20-year career in finance and sales, the company added.


Iran election shows declining voter support amid calls for change

Presidential candidate Saeed Jalili attends a meeting in Tehran. (AP)
Updated 30 June 2024
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Iran election shows declining voter support amid calls for change

  • Of the 61 million eligible voters, only about 40 percent cast ballots, marking a record-low turnout in the country where some people have lost faith in the process. More than 1 million ballots were spoiled

TEHRAN: The first round of Iran’s presidential election revealed shrinking support for reformists and conservatives even though some voters are pushing for change by backing the sole reformist candidate, analysts say.
Masoud Pezeshkian, the reformist contender and ultraconservative Saeed Jalili, led the polls held on Friday to replace the late President Ebrahim Raisi, who died in a helicopter crash last month.
Friday’s vote, marked by a historically low turnout, “clearly shows that both reformists’ and conservatives’ bases have considerably shrunk,” said Ali Vaez of the International Crisis Group think tank.
In the lead-up to the election, Iran’s main reformist coalition supported Pezeshkian, with endorsements by former presidents Mohammed Khatami and Hassan Rouhani, a moderate.

FASTFACT

The combined votes of Saeed Jalili and Mohammed Baqer Qalibaf totaled 12.8 million.

“The reformists brought out the big guns and tried their best to mobilize their base,” Vaez said on social media platform X, but “it was simply insufficient.”
Likewise, the conservatives failed to garner sufficient votes “despite the tremendous resources they deployed,” he added.
Vaez pointed out that the combined votes of Jalili and conservative parliamentary speaker Mohammed Baqer Qalibaf, who came in third, totaled 12.8 million.
That figure was well below Raisi’s nearly 18 million votes in the 2021 election.
Of the 61 million eligible voters, only about 40 percent cast ballots, marking a record-low turnout in the country where some people have lost faith in the process. More than 1 million ballots were spoiled.
For Vaez, the decline in turnout, from around 49 percent in 2021, was “a real embarrassment for the leadership” in Iran, where ultimate political power lies with the supreme leader, Ayatollah Ali Khamenei.
Political commentator Mohammed Reza Manafi said Pezeshkian’s lead reflected a push for “fundamental changes” regarding the economy and relations with the rest of the world.
However, those favoring Pezeshkian “do not expect a miracle or a quick solution but hope he can gradually prevent conditions from worsening,” Manafi added.
Iran has been reeling from the economic impact of international sanctions, contributing to soaring inflation, high unemployment, and a record low for the Iranian rial against the US dollar.
The vote also came amid heightened regional tensions over the Gaza war between Israel and Hamas and diplomatic tensions over Iran’s nuclear program.
Pezeshkian, an outspoken heart surgeon who has represented the northwestern city of Tabriz in parliament since 2008, came out on top thanks to his “clean record without any accusations of financial corruption,” said Manafi.
Official figures showed Pezeshkian had 42.4 percent of the vote, against 38.6 percent for Jalili.
The reformists have urged “constructive relations” with Washington and European capitals to “get Iran out of its isolation.”
In contrast, Jalili is widely recognized for his uncompromising anti-West stance.
He is a former nuclear negotiator and a representative of Khamenei on the Supreme National Security Council, Iran’s highest security body.
During his campaign, he rallied a substantial base of hard-line supporters under the slogan “no compromise, no surrender” to the West.
He staunchly opposed the 2015 nuclear deal with the US and other world powers, which imposed curbs on Iran’s nuclear activity in return for sanctions relief.
At the time, Jalili argued that the pact violated Iran’s “red lines” by accepting inspections of nuclear sites.
The deal collapsed in 2018.
In a Sunday column in the ultraconservative Javan daily, political expert Ali Alavi hailed Jalili’s “honesty and truthfulness, unlike the others.”
The candidate also received support from Ghalibaf, who, after Saturday’s result, urged his support base to back Jalili in next Friday’s runoff.
Two ultraconservatives who dropped out a day before the election have also endorsed Jalili.
But on Sunday, the reformist newspaper Etemad quoted former vice president Isa Kalantari as warning against a continued conservative grip on the government.
“The country will be in peril and face numerous problems and challenges,” he said.
Vaez said the “Jalili fear factor can’t be overlooked.”
“Many who didn’t vote in this round might vote in the next one: not because they hope for better, but because they fear the worst.”
Political analyst Mohammad Marandi, however, said Jalili may not be “the sort of radical that is depicted by his opponents.”
Marandi believes that under either of the two candidates, Iran will “continue to pursue strong ties with the Global South” countries.
He added that they “will still attempt to see what can be done with the nuclear deal,” though Jalili “will just approach it with more skepticism.”

 


Israel says 18 soldiers hurt in Golan Heights

Israel’s military said on Sunday 18 of its soldiers were injured when a drone struck their position in occupied Golan Heights.
Updated 30 June 2024
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Israel says 18 soldiers hurt in Golan Heights

  • IDF said in a statement the strike happened earlier on Sunday
  • It said since then, it had struck Hezbollah targets in southern Lebanon with air strikes and artillery fire

JERUSALEM: Israel’s military said on Sunday 18 of its soldiers were injured, one of them seriously, when a drone struck their position in the occupied Golan Heights, which border Lebanon.
The Israeli Defense Force (IDF) said in a statement the strike happened earlier on Sunday. It said since then, it had struck Hezbollah targets in southern Lebanon with air strikes and artillery fire.
Fighting between the IDF and Lebanon’s Hezbollah has been escalating, after it was triggered by the Gaza war.


Propane tank explosion in western Turkiye kills 5 people, injures 63 others

Firefighters and emergency team members work during the aftermath of an explosion in a restaurant in Izmir, western Turkiye.
Updated 30 June 2024
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Propane tank explosion in western Turkiye kills 5 people, injures 63 others

  • Security cameras recorded the explosion, which devastated the street and caused minor damage to surrounding buildings
  • Izmir Gov. Suleyman Elban visited the injured at the hospital and announced that 40 of them had already been released

ISTANBUL: A propane tank explosion at a restaurant in the western Turkish city of Izmir on Sunday left five people dead and 63 others injured, authorities said.
Security cameras recorded the explosion, which devastated the street and caused minor damage to surrounding buildings.
Interior Minister Ali Yerlikaya announced on social media that dozens of rescue personnel were immediately dispatched to the scene.
Izmir Gov. Suleyman Elban visited the injured at the hospital and announced that 40 of them had already been released.
Authorities have detained one suspect who might be responsible. The man had replaced the propane tank with a new one on Saturday.