Author: Saqr el-Attar

South Korean law prohibits the export of weapons to countries in active conflict. With this, Seoul found it difficult to deliver weapons directly to Kyiv. South Korea is quiet favorite of gun buyers around the world. And this was achieved during the country’s decades of efforts to protect itself from North Korea. The threat that never goes away forces Seoul to build a domestic arms industry. And in the end, this sector achieves economies of scale obtained from large export sales. According to the Stockholm International Peace Research Institute (SIPRI), there has been a drastic increase in South Korea’s ranking…

DUBAI, 12th January, 2023 (WAM) — Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has launched business groups for five economic sectors: medical equipment, plastics & rubbers, optics & eyewear, paper, tissue & stationery, as well as chocolate & confectionery. These business groups will encourage engaging discussions that will drive the competitiveness of these business sectors within Dubai’s economy. Commenting on the establishment of the new business groups, Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, said, “The new business groups will play a notable role in supporting their respective economic sectors and…

AL-MUKALLA, Yemen: Efforts to renew the UN-brokered truce and bring peace to Yemen have been dashed after Omani mediators left Sanaa without any reported progress, and the Iran-backed Houthis threatened to renew the fight if their demands are not met. The Omani mediators, who arrived in Sanaa last week, departed the city on Sunday after meeting top Houthi officials and hearing their requests for extending the ceasefire and participating in peace negotiations to end the conflict. The Houthis said that their leaders told the Omanis that the movement would not agree to extend the October ceasefire until the internationally-recognized government…