The European Union (EU) strongly condemned the attack by the Iranian-backed Houthi terrorist militias on the commercial ship (MINERVAGRACHT), which flies the Dutch flag in the Gulf of Aden.
Oil prices rose today, Thursday, ending a three-day losing streak, recovering from their lowest levels in 16 weeks, but expectations of increased supply from "OPEC+" next month limited the gains.
Minister of Industry meets head of Aden Modern International Center for Arbitration and Dispute Settlement
[11/12/2023 05:18]
Aden - Saba
Minister of Industry and Trade, Muhammad Al-Ashwal, discussed with the Chairman of the Board of Directors of the Aden Modern International Center for Arbitration and Dispute Settlement, Faysal Mahri, strengthening joint cooperation frameworks, spreading the concept of commercial arbitration, and the importance of the arbitration centers’ contribution to resolving disputes of financial, commercial, industrial and banking nature.
Minister Al-Ashwal affirmed the Ministry’s readiness to support the efforts of organized and institutional arbitration to resolve commercial disputes to create a healthy commercial climate that attracts investment and investors to develop the national economy.