Yemen President agrees to quit under GCC deal
Source: BI-ME with Reuters , Author: Posted by BI-ME staff
Posted: Sun April 24, 2011 12:12 pm

YEMEN. Yemen's ruling party has informed the Gulf Arab sponsors of a political transition plan that it accepts the proposal in full, party spokesman Tariq Shami told Reuters.

"The ruling party informed the foreign ministers of the GCC of their acceptance of the Gulf initiative in full," he said.

The Gulf Cooperation Council Plan stipulates that Yemeni President Ali Abdullah Saleh, who has faced months of mass protests, will hand over power to his vice-president one month after an agreement is signed with opposition forces, and be granted immunity from prosecution

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 2, 2016
QATAR. The government intends to support the private sector in a comprehensive manner by allowing private sector insurance companies to provide healthcare insurance cover for everyone.
date:Posted: May 2, 2016
INTERNATIONAL. In the grand scheme of geopolitics, over time the role of individuals is largely washed out - to be overly simplistic, the individuals rarely matter.
date:Posted: May 2, 2016
UAE. Average villa yields of 4.7% and apartments at 7.5% put affordable units at top of investor and tenant wish list; villa and apartment sales remain flat with prices down just 1.1% and 0.7% respectively, according to Chestertons MENA latest report.
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