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: September 28, 2016
UAE. BCG's global report on sustainable economic development progress places the UAE's well-being scores in the top quintile; however, the study shows that the nation's performance in converting wealth and growth into well-being is below par globally.
date:Posted: September 28, 2016
UAE. "The study points to how digital technology is reshaping the payment landscape in the UAE and impacting all areas of everyday life".
date:Posted: September 27, 2016
UAE. The report predicts that residential sale prices will decline further in Dubai for the balance of 2016, but that this rate of decline will slow, as value and affordability returns to the market.
UAE. BCG's global report on sustainable economic development progress places the UAE's well-being scores in the top quintile; however, the study shows that the nation's performance in converting wealth and growth into well-being is below par globally.
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