How Did Coordination with Allies Benefit Tel Aviv?

The daily life in Tel Aviv on the day following Iran's launch of drones and missiles towards Israel (Reuters)
The daily life in Tel Aviv on the day following Iran's launch of drones and missiles towards Israel (Reuters)
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How Did Coordination with Allies Benefit Tel Aviv?

The daily life in Tel Aviv on the day following Iran's launch of drones and missiles towards Israel (Reuters)
The daily life in Tel Aviv on the day following Iran's launch of drones and missiles towards Israel (Reuters)

Before many drones reached Israel, US, UK, French, and Jordanian troops dealt with a big chunk, aiding Israel in halting the Iranian drone attack. Israeli military spokesperson Daniel Hagari called it a significant strategic win.

Stopping the drones gave Israel space to focus on Iranian missiles. Israel’s interception of the Iranian attack cost around a billion dollars. Now, Israel aims to build a lasting alliance after recognizing the importance of joint action.

Israeli daily Yedioth Ahronoth reported that the Iranian attack failed after intervention by the US, UK, France, and Jordan.

The newspaper praised this as another success for Israel, showing that these countries didn’t back down from Iran’s threats but fought effectively through careful planning.

Israel’s Channel 12 described Jordan’s involvement as unexpected, highlighting their strategic partnership with the US and their impressive interception of drones.

Despite typically cool relations, Jordan’s actions demonstrated a surprising and genuine strategic alliance with Israel.

According to Haaretz, the successful defense against the Iranian attack highlights the effectiveness of the US-led regional defense system.

Israel returned to normalcy on Sunday after the attack, with the Home Front Command stating that nationwide, Israelis no longer needed to stay close to protected areas, though gathering restrictions and the cancellation of educational activities and school trips remained.

Hagari said that 99% of the aerial threats were shot down, which he said was a strategic achievement.

President Joe Biden confirmed US assistance in destroying almost 300 drones and missiles launched at Israel by Iran.

US military aircraft and missile defense destroyers, deployed to the region last week, supported Israeli air defense systems in intercepting a significant wave of drones and missiles fired from Iran late Saturday night.

American officials confirmed US forces intercepted Iranian drones near As-Suwayda and Daraa in southern Syria, close to the Jordanian border, bound for Israel, without specifying the exact number.

Sources revealed that Jordanian aircraft downed numerous Iranian drones flying through Jordan towards Israel.



Yemen’s Central Bank Tightens Grip on Foreign Transfers

Yemen’s Central Bank. (Government media)
Yemen’s Central Bank. (Government media)
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Yemen’s Central Bank Tightens Grip on Foreign Transfers

Yemen’s Central Bank. (Government media)
Yemen’s Central Bank. (Government media)

Yemen’s Central Bank, based in Aden, the interim capital, has tightened its grip on foreign money transfers, requiring all transactions to go through approved banks and exchange companies.

Banks and exchange companies must operate mainly from Aden and grant local entities permission to handle transactions. Moreover, they must deliver remittances in the received currency without converting unless the client requests otherwise.

This step aims to better regulate financial flows amidst Yemen’s challenging economic situation.

The decision strengthens the Central Bank’s control in Aden by requiring all banks and exchange companies in Houthi-held areas to get approval before conducting transactions.

It also ensures that transfers are made in the original currency, unlike what the Houthis are doing now, withholding transfers in US dollars. This comes just two days before the deadline for banks to move their main offices from Houthi-controlled Sanaa to the interim capital.

According to Yemeni financial expert Wahid Al-Fudai, the Central Bank’s decision aims to regulate international money transfers through remittance companies and tighten control over them.

Al-Fudai sees this decision as part of the bank’s efforts to regulate banks and exchange companies according to local laws, serving the public interest, and keeping up with global trends.

He explained to Asharq Al-Awsat that the Central Bank had previously issued instructions regarding financial networks, emphasizing the need for its oversight over external transfers.

He stressed that only qualified and licensed institutions are allowed to conduct these transfers, meeting all requirements for compliance with international standards, especially in combating money laundering and terrorism financing.

Al-Fudai highlighted the importance of this step, especially with the Iran-backed Houthi militias now labeled as a terrorist organization by the United States and Australia, which could lead to further complications requiring the Central Bank’s attention.