Egypt Today
Yemeni President Abd-Rabbu Mansour Hadi stepped down, dismissed Vice President Ali Mohsen Al-Ahmar and passed predidential duties to a Leadership Council on Thursday morning.
Following Hadi’s announcement, Saudi Arabia pledged a financial package worth $2 Billion and the UAE $1 Billion to support the Yemeni economy. It also called on the council, of eight members, to hold talks with Houthis who control Northern Yemen.
On the 1st of April, a Nationwide two-month truce was agreed between the warring parties in Yemen. The truce allowed the entry of oil imports into the Houthi held regions and would potentially allow the reopening of Sanaa airport.
“The truce, which is the first of its kind since 2016, could be renewed if there is congruence among the parties involved”, UN Special Envoy Hans Grundberg said. The truce began last Saturday on the first day of the Holy Month of Ramadan.
The ceasefire is expected to relieve Yemenis’ suffering. Approximately 80% of the Yemen population have been relying on aid following a collapse of all basic services which include the healthcare system.
The ceasefire agreement vowed to suspend all military operations including cross-border and internal fronts, permitting fuel tankers into Houthi-held Hodeidah port and the resumption of commercial flights at Sanaa International Airport.
In March, the Houthis admitted responsibility of drone attacks on Aramco’s petroleum products distribution station in Jeddah. They have been carrying out several attacks using ballistic missiles and drones on Saudi Arabia and the UAE in the recent years.