Central Bank Governor: Next Phase Will Witness Significant Growth in Trade Between Yemen and Egypt
Governor of the Central Bank of Yemen Ahmed Ghaleb stated that “the coming phase will witness notable growth in trade and investment activity between Yemen and Egypt, amid technological developments in the global banking sector.”
Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks
The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.
Oil price tops $100 a barrel
Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.
Paris Saint-Germain Crowned UEFA Champions League Winners
French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.
User Name: Password:
US announces about sanctions on an Iranian financing network for the terrorist Houthi militia
[08/12/2023 02:12]
WASHINGTON-SABA
The United States of America announced that it has imposed sanctions on 13 individuals and entities responsible for providing tens of millions of dollars' worth of foreign currency resulting from the sale and shipment of Iranian goods to the terrorist Houthi militias with the support of the Quds Force of the Iranian Revolutionary Guard.

The US Treasury Department said in a press statement "The complex network targeted by the Department’s Office of Foreign Assets Control (OFAC) sanctions includes exchange companies, companies in multiple jurisdictions, and individuals working as an important channel through which Iranian funds reach (Iran’s) armed partners in Yemen".

For his part, Treasury Under Secretary for Terrorism and Financial Intelligence, Brian Nelson, confirmed in a statement that the Houthis are still receiving funding and support from Iran, and the result is not surprising: unprovoked attacks on civilian infrastructure and commercial shipping, disrupting maritime security, and threatening international commercial trade.

It is worthy to be noted that this came after the administration of US President Joe Biden removed the Houthi terrorist militias from the terrorist lists on which Washington had previously included them.


President al-Alimi Receives Delegation from U.S. Oil Company Hunt
Prime Minister Chairs Meeting on Fiscal Reform Priorities with Finance Ministry Leadership
Minister of Environment Discusses Environmental and Climate Cooperation with Friedrich Ebert
Yemen Denounces Iran's Repeated Missile and Drone Attacks on Kuwait and Bahrain
Yemen Expresses Concern over Military Escalation in Sudan's El Obeid
Yemen Denounces Iranian Drone Assault Against Bahrain
Yemen's Ambassador Discusses Bilateral Cooperation with Chairman of the Friends of Yemen Group in the U.S. Congress
Inspector General of Armed Forces Discusses Latest Developments with EU and Dutch Ambassadors to Discuss Latest
Central Bank Board Approves Measures to Strengthen Financial and Monetary Stability
West Asia Journalists Union Condemns Killing of Yemeni Journalist Mohammed Aidha

About Saba News Agency | Usage Agreement | Contact Us