President al-Alimi Affirms Strict Commitment to Enforcing Sovereign Decisions, Warns of Rebellion against Yemen’s, Region’s Security
His Excellency President Dr. Rashad Mohammed al-Alimi, the Chairman of the Presidential Leadership Council, received Wednesday Ambassador of the United States of America to Yemen Steven Fagin.
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.


President al-Alimi Affirms Strict Commitment to Enforcing Sovereign Decisions, Warns of Rebellion against Yemen’s, Region’s Security
Leadership Council Chairman Checks on Situation in Shabwa Province
Taiz Military and Security Committee Supports President's Emergency Declaration
OIC reiterates its support for Yemen sovereignty, unity, territorial integrity
Ministry of Foreign Affairs Welcomes Statements Supporting Yemen's Unity, Sovereignty
Germany reiterates its commitment to Yemen's unity, sovereignty, official leadership
Somalia affirms its steadfast support for Yemen's sovereignty, rejects any threats to Saudi Arabia's security
Jordan Reaffirms Support to Yemen's Legality, Respecting Sovereignty
President al-Alimi urges international community to help translate sovereign decisions into practical measures within the Security Council
Yemen Orders UAE Forces to Withdraw Amid Rising Tensions

About Saba News Agency | Usage Agreement | Contact Us