Ministry of Industry warns of the repercussions of Houthi targeting of commercial sector and state resources

Signing Tripartite Agreement to Operate 70 Power Stations in Yemen with Saudi Support

A tripartite agreement was signed Wednesday between the Ministry of Electricity and Energy, the Yemeni Oil Company (PetroMasila), and the Saudi Program for the Development and Reconstruction of Yemen to finance petroleum derivatives and supply more than 70 power generation stations across various governorates.

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).

Public debt in Germany rises 2.1 percent

The total public debt in Germany rose to 2,608.8 billion euros by the end of the third quarter of 2025, an increase of 54.8 billion euros, equivalent to 2.1 percent, compared to the second quarter of the same year.

Morocco and Senegal qualify for the semi-finals of the Africa Cup of Nations

The Moroccan national team qualified for the semi-finals of the Africa Cup of Nations after defeating Cameroon 2-0 in their match at Prince Moulay Abdellah Stadium in the Moroccan capital, Rabat.

Last Update: ، 2026/01/22 Time 10:32:50
Latest News:

Musawah Organization: Houthi militias forcibly disappearing 74 civilians from Dhamar in their prisons ..

PM Receives Acting Chinese Ambassador

Prime Minister Receives British Ambassador to Yemen

Amb. al-Maytami celebrates Arab-Chinese deeply rooted relations

President al-Alimi praises wise leadership of local authority in Mahra, Shabwa governorates

Ministry of Industry warns of the repercussions of Houthi targeting of commercial sector and state resources

[05/06/2023 12:48]

Aden - Saba
Yemen's Ministry of Industry has warned of the systematic Houthi "targeting and bulldozing" of the private sector, national capital, and the financial and banking sector in the areas under the terrorist Houthi militia's control, and tampering with the system of legal legislation related to the economic sector and various state resources.

In a statement received by the Yemeni News Agency (Saba) today, the ministry has said the latest manifestations of this targeting and bulldozing were the armed robbery by the militias on the headquarters of the Chamber of Commerce and Industry in the capital, Sana’a, and the imposition of a militia and dynasty leadership loyal to it, instead of the legitimate leadership elected by members of the General Assembly of the Chamber of Commerce. and the industrial sector in the capital, Sana’a, as well as directing the militia to pass new laws and amendments to the laws of income taxes, customs, commercial banks, and other laws that would impose more restrictions on the movement of trade and investment and the flow of goods and merchandise, burdening citizens with more unjust and illegal levies and deepening the state of division political and economic between the people and regions of the same country.