Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Dozens of Italian tourists evacuated from Yemeni island
    Finance

    Dozens of Italian tourists evacuated from Yemeni island

    Published by Global Banking & Finance Review®

    Posted on January 7, 2026

    2 min read

    Last updated: January 20, 2026

    Image depicting Donald Trump announcing his proposal for land swaps to achieve peace between Ukraine and Russia, amidst ongoing conflict. This moment highlights his diplomatic approach to resolving tensions in Eastern Europe.
    Trump discusses land swaps for peace between Ukraine and Russia - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:international financial institutionemerging marketsfinancial crisisforeign currencyinvestment portfolios

    Quick Summary

    Italy repatriates citizens from Socotra amid UAE withdrawal and Yemen conflict, with Saudi transit visas aiding return.

    Italy Begins Evacuating Tourists from Socotra Island

    ROME, Jan 7 (Reuters) - Italy has begun repatriating dozens of its citizens stranded on the Yemeni island of Socotra, with a first flight carrying 46 tourists due to land in Jeddah on Wednesday, the Foreign Ministry said in a statement.

    Another 59 Italians remain on the island and are expected to return on additional flights in the coming days, as authorities work with Yemen and Saudi Arabia. Saudi authorities will grant the Italians a four-day transit visa to help facilitate their return home.

    The United Arab Emirates last week withdrew its troops from Yemen under a deadline from Saudi Arabia, also leaving behind the remote Yemeni island of Socotra and roughly 600 tourists who had flown in but could no longer fly out.

    Air traffic at the island's main airport came to a halt as a deepening crisis between the UAE and Saudi Arabia translated into fresh conflict on Yemen's mainland, where the two Gulf powers back opposing groups in the country's civil war.

    Socotra - which lies more than 300 km (185 miles) south of Yemen's coast, and until recently was mainly accessible by air via the UAE - has been a haven of tranquillity through the years of conflict on the mainland.

    (Reporting by Cristina Carlevaro;Writing by Keith Weir; Editing by Janet Lawrence)

    Key Takeaways

    • •Italy is repatriating citizens from Socotra.
    • •First flight with 46 tourists lands in Jeddah.
    • •59 Italians remain on the island awaiting flights.
    • •Saudi transit visas facilitate their return.
    • •UAE withdrawal affects air traffic in Socotra.

    Frequently Asked Questions about Dozens of Italian tourists evacuated from Yemeni island

    1What is a foreign currency?

    A foreign currency is any currency that is not the official currency of a particular country. It is used in international transactions and can be exchanged for the local currency.

    2What is an international financial institution?

    An international financial institution (IFI) is an organization that provides financial support and advice for economic development projects in developing countries. Examples include the World Bank and the International Monetary Fund.

    3What is an emerging market?

    An emerging market is a country that has some characteristics of a developed market but does not meet all the standards. These markets are often in the process of rapid growth and industrialization.

    4What is a financial crisis?

    A financial crisis is a situation in which the value of financial institutions or assets drops rapidly. It can lead to a loss of confidence in the financial system and can result in economic downturns.

    5What are investment portfolios?

    Investment portfolios are collections of financial assets such as stocks, bonds, and cash equivalents held by an individual or institution. They are designed to achieve specific investment goals.

    More from Finance

    Explore more articles in the Finance category

    Image for Japan votes in test for PM Takaichi as snow weighs on turnout
    Japan votes in test for PM Takaichi as snow weighs on turnout
    Image for Rugby-Ford shines as England overwhelm dismal Wales
    Rugby-Ford shines as England overwhelm dismal Wales
    Image for Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Image for Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Image for Farmers report 'catastrophic damage to crops as Storm Marta hits Spain and Portugal
    Farmers report 'catastrophic damage to crops as Storm Marta hits Spain and Portugal
    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Image for NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    Image for Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Image for US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    View All Finance Posts
    Previous Finance PostUK watchdog contacts Musk's X over abusive imagery, US state attorney expresses concern
    Next Finance PostUK supported US mission to seize Russian-flagged oil tanker, MoD says