KARACHI: Pakistan Stock Exchange above the 98,000 mark on Friday as share prices surged more than 2,000 points in intraday trade
Saudi Arabia proposes new mechanism for stability in Yemen's south
RIYADH: Saudi Arabia has presented a framework to expedite a stalled November deal in Yemen’s south designed to end a standoff between nominal allies.
Saudi state news agency SPA said Riyadh is seeking to unite separatist and government forces in Yemen’s south to concentrate their common fight against Houthi forces, which control the north of the country.
Under the new Saudi resolution, Southern Transitional Council is required to rescind self-rule as both parties implement the November deal.
The Yemeni government welcomed the new Saudi resolution.
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