The UAE welcomed the decision by Abdrabbuh Mansur Hadi, President of Yemen, to form the Presidential Leadership Council.
The move will complete the implementation of the transitional phase and delegate full presidential powers in accordance with the constitution, the GCC Initiative, and its executive mechanism.
Moreover, the UAE expressed its hope that this step would contribute to reaching a comprehensive political solution between the Yemeni parties in order to achieve peace, stability, development, and prosperity for Yemen and its people.
The UAE has welcomed the call by the Kingdom of Saudi Arabia for the Presidential Leadership Council to initiate negotiations with the Houthis under the auspices of the United Nations to reach a final and comprehensive political solution that includes a transitional period.
The UAE also commended the continuous efforts made by the General Secretariat of the Gulf Cooperation Council to support peace and stability in Yemen and reach a comprehensive political solution between the Yemeni parties.
The Central Bank of the UAE (CBUAE) on Wednesday said it imposed sanctions on an exchange house operating in the UAE for "failing to comply with anti-money laundering and combating the financing of terrorism policies."
The UAE's defence and security acquisitions authority, Tawazun Council, secured deals worth AED 10.18 billion on the third day of IDEX and NAVDEX on Wednesday, bringing the total to AED 19.95 billion across 28 deals.
President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday reaffirmed the UAE’s stance of rejecting any attempts to displace the Palestinian people from their land in a meeting with Marco Rubio, US Secretary of State, who is visiting the UAE.
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to His Majesty King Abdullah II bin Al Hussein of the Hashemite Kingdom of Jordan, on the success of the surgery he recently underwent.