Tariq Saleh meets with Prime Minister
The Member of the Presidential Leadership Council (PLC) Tariq Saleh met today, Sunday, with the Prime Minister Salem Saleh bin Braik.
Massive 7.0 Magnitude Earthquake Strikes Alaska, USA
A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).
China's ETF market hits record $855.6
The combined scale of China's exchange-traded funds (ETFs) has hit a record 6.02 trillion yuan ($855.6 billion), up more than 2.2 trillion yuan from the end of last year, Shanghai Securities News reported Saturday, citing data from Choice, a financial information provider.
Arsenal defeats Brighton and strengthens its lead in the English Premier League
Arsenal defeated Brighton 2-1 in their match at the Emirates Stadium as part of the 18th round of the English Premier League.
User Name: Password:
U.S. imposes sanctions on a person, Exchanges Firms transfer Iranian funds to terrorist Houthi militias
[28/12/2023 09:25]
WASHINGTON-SABA
The United States announced the imposition of sanctions on a network consisting of a Yemeni person and three entities based in Yemen and Turkey responsible for facilitating the flow of Iranian funding to the terrorist Houthi militias and their destabilizing activities.

The US Treasury Department said in a press statement "its Office of Foreign Assets Control (OFAC) has included on its sanctions list Nabil al-Hadath and three exchange houses in Yemen and Turkey."

The Department added, " These persons have facilitated the transfer of millions of dollars to the Houthis at the direction of U.S.-designated Sa’id al-Jamal, who is affiliated with Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF).

The Treasury Department noted that Sa'id al-Jamal's network relies on a group of exchange offices spread throughout the Middle East to facilitate the movement of Iranian funds to financial companies allied with the (Houthi) militia in Yemen... explaining that the transfer of this money is ultimately made to the (Houthi) militia or Its subsidiaries are located throughout the region.

Brian Nelson, Treasury undersecretary for terrorism and financial intelligence, said Thursday's action "underscores our resolve to restrict the illicit flow of funds to the Houthis, who continue to conduct dangerous attacks on international shipping and risk further destabilizing the region."

Nelson stressed that the U.S. and its allies will continue to target the key facilitation networks that enable the destabilizing activities of the Houthis and their backers in Iran.


Mauritania Welcomes Yemen Southern Conference Initiative
President al-Alimi: Re-establishing security, stability in Hadramout, Mahra heralds new era of development
Oman Welcomes Southern Yemen Issue Conference Initiative
Djibouti Welcomes Initiative of Organizing Southern Yemen Issue Conference
Libya Welcomes Yemen Southern Conference Initiative, Appreciates Saudi Hosting Offer
Presidency of Republic: South Transitional Council's restrictions on movement grave violation of constitution, Riyadh Agreement
Assistant Governor of Hadhramout Confirms Regaining Order in Governorate
Turkey welcomes invitation of President al-Alimi to hold conference for southerners, supports Saudi efforts
Egypt renews firm position towards Yemen's unity, sovereignty, territorial integrity
Hadhramaut Governor Announces Full Security Deployment in Wadi Hadhramaut

About Saba News Agency | Usage Agreement | Contact Us