Latest news with #ADEN


Saudi Gazette
31-05-2025
- Politics
- Saudi Gazette
Yemen President hails Saudi decision to extend Masam project
Saudi Gazette report ADEN—Yemen Presidential Leadership Council President Dr. Rashad Mohammed Al-Alimi praised Saudi Arabia's decision to extend the Masam Project contract for landmine clearance in Yemen. In a statement broadcast by the official Yemeni News Agency Saba, President Al-Alimi praised the program's leadership and team, as well as all institutions in Saudi Arabia and their humanitarian, service, and development contributions in various fields. "This great humanitarian effort by the Kingdom through the Masam project, which has so far removed approximately 500,000 mines and various shells, embodies a noble fraternal commitment to Yemen and its people, and contributes to alleviating the ravages of war,' Al-Alimi said.

Kuwait Times
19-05-2025
- General
- Kuwait Times
Al-Najat Charity inaugurates new village in Yemen
Al-Khairin Village 10 consists of 30 residential units with their service facilities. ADEN: Kuwait's Al-Najat Charity Society on Sunday inaugurated the 'Al-Khaireen 10' village project in the Tur Al-Baha district of Lahj Governorate, as part of its ongoing humanitarian campaign 'Kuwait by Your Side,' now marking its tenth year of operations. The project comprises 30 fully constructed housing units along with integrated service facilities, aimed at supporting sustainable development and improving living standards in underserved rural communities. Advisor to the Governor of Lahj, Omar Al-Samati, praised Kuwait and Al-Najat Charity for their continued humanitarian contributions. In a statement to the press, Al-Samati underscored the impact of such initiatives in alleviating the hardships faced by Yemeni families, particularly in remote areas suffering from limited access to basic services. ADEN: Officials inaugurate a residential village in southern Yemen. – KUNA photos 30 Yemeni families benefit from the 10th Al-Khaireen Village project, funded by Kuwait. Deputy Director of the Yanabi' Al-Khair Foundation, Abdul-Ghani Al-Hajjaji, outlined the details of the project, which includes not only housing but also the construction of a mosque, a three-classroom primary school, and an administrative office. The village is further supported by a comprehensive water system and solar-powered energy solutions. Al-Hajjaji added that beneficiary families will also receive support through small income-generating projects aimed at improving livelihoods. He affirmed that the initiative reflects Al-Najat's broader commitment to supporting vulnerable communities in Yemen, by fostering long-term stability and development. The Al-Khaireen 10 project stands as a testament to Kuwait's enduring solidarity with the Yemeni people and its continued efforts to deliver meaningful, life-changing aid to those in need. - KUNA


Reuters
08-05-2025
- Business
- Reuters
Staffing company Adecco says hiring slightly higher
ZURICH, May 8 (Reuters) - Adecco (ADEN.S), opens new tab on Thursday said its hiring numbers have shown "modest positive momentum" since the start of April as the staffing company reported better-than-expected earnings for the first three months of the year. The Swiss company, which provides temporary and permanent staff to employers, reported operating income of 111 million euros ($125.71 million) for the three months to the end of March, ahead of analyst forecasts for 97 million euros. Net income of 60 million euros beat forecasts for 49 million euros. ($1 = 0.8830 euros)


Business Insider
29-04-2025
- Business
- Business Insider
RBC Capital Remains a Buy on Adecco Group AG (ADEN)
In a report released yesterday, Andrew Brooke from RBC Capital maintained a Buy rating on Adecco Group AG (ADEN – Research Report), with a price target of CHF29.00. The company's shares closed yesterday at CHF21.86. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Brooke is a 2-star analyst with an average return of 0.3% and a 46.47% success rate. In addition to RBC Capital, Adecco Group AG also received a Buy from Citi's Marc VanT Sant in a report issued on April 16. However, on April 17, Jefferies maintained a Sell rating on Adecco Group AG (Six Swiss: ADEN). ADEN market cap is currently CHF3.63B and has a P/E ratio of 12.64.


Observer
16-03-2025
- Politics
- Observer
US launches large-scale strikes on Yemen, at least 31 killed
ADEN: US President Donald Trump launched large-scale military strikes against Yemeni group on Saturday over the group's attacks against Red Sea shipping, killing at least 31 people at the start of a campaign expected to last many days. Trump also warned Iran that it needed to immediately halt support for the group. He said if Iran threatened the United States, "America will hold you fully accountable and, we won't be nice about it!" The top Commander of Iran's Revolutionary Guards reacted on Sunday by saying the Yemenis are independent and take their own strategic and operational decisions. "We warn our enemies that Iran will respond decisively and destructively if they take their threats into action," Hossein Salami told state media. The unfolding strikes - which one US official said might continue for weeks - represent the biggest US military operation in the Middle East since Trump took office in January. It came as the United States ramped up sanctions pressure on Tehran while trying to bring it to the negotiating table over its nuclear programme. At least 31 were killed and 101 others injured in the US strikes, mostly women and children, Anees al Asbahi, spokesperson for the health ministry said in an updated toll on Sunday. The group's political bureau described the attacks as a "war crime." "Our Yemeni armed forces are fully prepared to respond to escalation with escalation," it said in a statement. Strikes also targeted military sites in Yemen's southwestern city of Taiz, two witnesses in the area said on Sunday. Another strike on a power station in the town of Dahyan in Saada led to a power cut, Al Masirah TV reported early on Sunday. The Yemeni group, an armed movement that took control of most of Yemen over the past decade, have launched scores of attacks on ships off its coast since November 2023, disrupting global commerce and setting the US military on a costly campaign to intercept missiles and drones that have burned through stocks of US air defences. A Pentagon spokesperson said that they have attacked US warships 174 times and commercial vessels 145 times since 2023. The Yemenis say the attacks are in solidarity with Palestinians over Israel's war in Gaza with Hamas. The US military's Central Command, which oversees troops in the Middle East, described Saturday's strikes as the start of a large-scale operation across Yemen. The strikes on Saturday were carried out in part by fighter aircraft from the Harry S. Truman aircraft carrier, which is in the Red Sea, officials said. Iran's foreign ministry condemned strikes on Yemen as a "gross violation of the principles of the United Nations Charter and the fundamental rules of international law", in a statement shared by state media. The Iranian Foreign Minister Abbas Araqchi said the US government had "no authority, or business, dictating Iranian foreign policy." "End support for Israeli genocide and terrorism. Stop killing of Yemeni people," he said in an X post early on Sunday. On Tuesday, the group said it would resume attacks on Israeli ships passing through the Red Sea and Arabian Sea, the Bab al Mandab Strait and the Gulf of Aden, ending a period of relative calm starting in January with the Gaza ceasefire. — Reuters