Houth seizure of Tadhamon assets threatens what remains of the banking business in Yemen: Minister

Aviation Authority discusses cooperation, development projects with World Bank, FAO

Captain Saleh bin Nuheid, the head of the General Authority for Civil Aviation and Meteorology discussed Monday with a delegation from the World Bank and the Food and Agriculture Organization enhancing joint cooperation and the development projects planned to be implemented in partnership with the meteorological sector.

Spanish Foreign Minister says situation in Gaza ‘deeply inhumane’

Spain’s foreign minister has strongly condemned Israel’s ramped-up attacks in Gaza over the weekend, calling them “absolutely unacceptable.”

GDP grows 0.3 percent in Eurozone, EU in 1Q

The gross domestic product (GDP) in the Eurozone and the European Union (EU) registered a growth of 0.3 percent during the first quarter of the current year compared to the previous quarter.

Bologna Wins Italian Cup Title for Third Time in History

Bologna FC has been crowned the champion of the Italian Cup for the third time in its history, after defeating AC Milan 1-0 in the final match.

Last Update: ، 2025/05/20 Time 04:47:31
Latest News:

Houthi terrorist militias target eastern neighborhoods in Taiz with artilleries

M praises UAE's humanitarian, development support for Yemen

Somali prime Minister receives Yemen's Ambassador

Prime Minister Meets with South Korean Ambassador to Yemen

Minister of Water discusses with WB's team future projects

Houth seizure of Tadhamon assets threatens what remains of the banking business in Yemen: Minister

[30/06/2021 03:44]

RIYADH-SABA
Yemen's Information Minister said the Houthi militia's recent seizure of the assets of the private Islamic Tadhamon Bank threatens what remains of the banking business in Yemen.

Al-Eryani said the militia's move is an extension of their systematic crackdown on banking business, extortion of businessmen and ruining of the national currency.

"This move comes after six years of emptying the central bank office in Sana'a, the looting of the foreign cash reserves, extortion of commercial banks and general public's savings in banks," he said.

Al-Eryani said the terrorist militia follows a public starvation policy calling on the international community to intervene and stop these damages to the Yemeni economy and the life of the Yemeni people.