Yemen front and the region
Egypt urges political solution between Saudi Arabia and the Houthis as Saudi stocks fall 2.3%
Egypt and Iran pushed for a settlement between Riyadh and the Houthis, with neither side publicly answering Tehran's mediation offer. Meanwhile Houthi attacks sent Gulf markets lower, and reports of civilian casualties in Taiz continued.
Summary
- ConfirmedEgypt's foreign minister calls for a political solution and a Houthi withdrawal from recently seized territory.
- ConfirmedThe Saudi index falls 2.3%, Dubai and Abu Dhabi 0.7%, as regional risk widens.
- AttributedAraghchi: no response from Riyadh or the Houthis to Iran's mediation offer.
- AttributedA rights network documents 23 civilians killed and 29 wounded in Taiz in 24 hours.
- UnverifiedLocal reports of coalition airstrikes in the Thira mountains near Lawdar, Abyan.
Drop in the Saudi index on Thursday
Zawya / Reuters 14:26Zcivilians killed in Taiz in 24 hours, per a rights network
14:40ZDevelopments in this window
- AttributedTaiz
Rights network: 23 civilians killed, 29 wounded by Houthi shelling in Taiz in 24 hours
The Yemeni Network for Rights and Freedoms said it documented 95 violations and about 218 projectiles fired at residential areas in Taiz within 24 hours. It reported 23 civilians killed, including 3 children and an infant, 29 wounded and 11 people abducted. The figures come from a government-aligned rights group and have not been independently verified.
Source: khabaragency.net - AttributedRiyadh
Saudi ambassador: Houthis earn $2 billion a year from smuggled oil
Saudi Ambassador to Yemen Mohammed Al Jaber, citing a UN Panel of Experts report, said the Houthis collected about 994 billion rials in fuel customs in Hodeidah between 2022 and 2024, and about 1.34 trillion rials from telecoms. He added that they earn $2 billion a year from smuggled oil.
Source: al-marsd.com - UnverifiedSanaa
Houthi foreign ministry: no threat to Red Sea shipping from Yemen
The Houthi-run Saba agency carried a headline from the Sanaa foreign ministry saying there is no threat to Red Sea navigation from Yemen and blaming Saudi Arabia for militarising the sea. We could not read the full text because the site was blocked.
Source: saba.ye - AttributedTehran
Araghchi: no reply from Riyadh or the Houthis to Iran's mediation
Iranian Foreign Minister Abbas Araghchi said Tehran has received no response from Saudi Arabia or the Houthis to its offer to mediate an end to the fighting. He added that Egypt told Tehran it does not intend to intervene directly. The remarks come from an interview with an Iraqi channel, according to Reuters.
Source: ghadnews.net - ConfirmedGulf
Saudi stocks drop 2.3% amid new wave of Houthi attacks
Gulf bourses closed lower on Thursday as Houthi attacks on Saudi Arabia resumed. The Saudi index fell 2.3%, its eighth weekly decline, with Saudi National Bank down 5.1% and Aramco 0.7%. Dubai and Abu Dhabi each lost 0.7%.
Source: Zawya / Reuters - UnverifiedAbyan
Coalition airstrikes on Houthi positions in the Thira mountains near Lawdar
A local outlet reported that coalition jets struck Houthi positions on the peaks of the Thira mountains overlooking Lawdar in Abyan. No information is available on casualties or the number of sites hit.
Source: arabic.pressbee.net - UnverifiedUnited Nations
Guterres calls Houthi attacks on Saudi Arabia 'never acceptable'
Youlyou, citing Al-Qahera News, reported that the UN Secretary-General described the Houthi attacks on Saudi Arabia as never acceptable and announced a visit to Egypt on Friday. We could not find an official UN transcript of the remark.
Source: youlyou.com - ConfirmedCairo
Egypt calls for political solution between Saudi Arabia and the Houthis
Egyptian Foreign Minister Badr Abdelatty said all options must be explored to reach a political solution between Saudi Arabia and the Houthis. He reaffirmed Egypt's solidarity with Riyadh and called for a complete withdrawal from territory the Houthis recently seized.
Source: Jacaranda FM / AFP almamlakatv.com