Yemen, Islamic Development Bank Discuss Financing Gaps and Expansion of Development Support
Yemen and the Islamic Development Bank have discussed ways to expand development financing, accelerate stalled projects, and address Yemen’s outstanding financial arrears to the bank, in talks held on the sidelines of the bank’s annual meetings in Azerbaijan.
Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks
The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.
Oil price tops $100 a barrel
Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.
Paris Saint-Germain Crowned UEFA Champions League Winners
French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.
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Egypt warns of greatest environmental disaster in the world
[16/07/2020 06:15]

NEW YORK - SABA
Egypt has warned of the greatest environmental disaster in the world if Safir Oil Tanker swimming on the Red Sea leaked or exploded over Houthi militia's rejection to allow to the UN technical team to examine and do maintenance work to the tanker.

The explosion of the tanker could result in the greatest oil leak across the world could cause catastrophic environmental and economic effects on Yemen and a number of countries located around near the Red Sea, said Egyptian Permanent Representative to the United Nations Mohammad Idreas during the Security Council's session assigned for addressing Safir tanker's issue.
He pointed out to dangers of the potential leaking on marine lives and international navigation in Bab al-Mandab strait, which is considered the main gate to Suez Canal.

He called upon concerned parties to quickly tackle these potential dangers and do maintenance work to the tanker without delay or more conditions and this must coincide with political efforts for having solutions to Yemen's crisis.

He uttered Egypt's readiness to contribute in providing technical support needed for maintenance work to the tanker.

The tanker contains on board more than 1 million barrel of crude oil, four times of the quantity of the worst oil leak the world witnessed in the past.

The tanker's age is more than 44 years and regular maintenance work by the UN was hindered for the past six years.



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