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Last Update: ، 2018/02/17 Time 07:27:19
Houthis looted USD 7 billion, reject paying employees' salaries; says al-Yamani
Houthi militia has not stopped looting the state's capabilities and continues plundering of the financial resources, which according to estimations of investigators, have reached USD 7 billion during the past three years for financing their war and for personal richness, Yemen's Representative to the UN Khaled al-Yamani said.
Secretary-General of the Arab League calls for assisting Yemenis
(Saba)- Secretary-General of the Arab League A hmed Aboul-Gheit on Monday appealed to the international community and humanitarian organizations to immediately provide assistance and relief to Yemenis.
Wall Street Closing
U.S. stocks closed higher Wednesday after the Federal Reserve (Fed) took a less aggressive stance than expected.
Falcao heads Monaco into French League Cup final
triker Radamel Falcao scored the only goal as Ligue 1 leaders AS Monaco beat Nancy 1-0 to set up a French League Cup final showdown against champions Paris St Germain.
Latest News:
Houthis looted USD 7 billion, reject paying employees' salaries; says al-Yamani
Hadhramout Governor briefs VP about situations in the province
One child killed, another injured by Houthi landmine in Beidha
Government welcomes new UN envoy to Yemen
Government welcomes new UN envoy to Yemen
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Deputy Minister of Industry: Houthi militias destroyed Yemen's economy
[26/05/2017]

ADEN- The Houthi militias are pursuing a carefully planned scheme to destroy Yemen's economy, said a senior Yemeni Trade and Industry official. The rebel movement forcibly levy an excess of duties from all public sectors, added Ali Al-Sharafi, the Deputy Minister of Trade and Industry in a seminar held by economic experts in Aden.

Mohammed Aljomaee, a journalist, addressed, in his presentation, the black market of oil products saying it turned the national economy to a mysterious economy run by wealth snakes and warmongers (the militias in Sana'a).

"In their obliteration of the Yemeni economy and running of alternative (black) markets, the militias copied the Iranian Revolutionary Guards' way of running parallel institutions," said Aljomaee.

Another economic expert, Mustafa Nasr, exposed the disastrous condition of the Yemeni economy resulting from the militia's systematic depletion of the foreign cash reserves.




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Houthis looted USD 7 billion, reject paying employees' salaries; says al-Yamani
Hadhramout Governor briefs VP about situations in the province
One child killed, another injured by Houthi landmine in Beidha
Government welcomes new UN envoy to Yemen
Government welcomes new UN envoy to Yemen
FM participates in the 54th Round of Security Conference in Munich
PM arrives in Riyadh to consult with President Hadi
Aden to host a medical symposium
Yemeni-Cuban ties and cooperation discussed
Mujalli: 21 million in need of urgent aids, lacking clear water
Beaking News
Houthis looted USD 7 billion, reject paying employees' salaries; says al-Yamani

Hadhramout Governor briefs VP about situations in the province

One child killed, another injured by Houthi landmine in Beidha

Government welcomes new UN envoy to Yemen

Government welcomes new UN envoy to Yemen

FM participates in the 54th Round of Security Conference in Munich

PM arrives in Riyadh to consult with President Hadi

Aden to host a medical symposium

Yemeni-Cuban ties and cooperation discussed

Mujalli: 21 million in need of urgent aids, lacking clear water



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