Why Red Sea security is a global concernAbdel Aziz AluwaishegA file picture shows a ship carrying food aid docking at the Yemeni Red Sea port of Hodeida. (AFP)Washington will this month host an international meeting dedicated to Red Sea security and emerging threats. Piracy and terrorism have plagued the security of the Red Sea for a long time. Most of the countries overlooking the Red Sea are poor and some, such as Somalia, are failed states. In addition to the Neom mega-project on the Gulf of Aqaba, it announced the establishment of the Red Sea Development Company — a closed joint stock company owned by the Public Investment Fund — to execute the Red Sea Project, a major development that was announced in 2017.
Source: Ethiopian News April 01, 2019 15:56 UTC