President al-Alimi highly appreciates Saudi-Emirati ongoing mediation to de-escalation in eastern governorates
His Excellency (HE) President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (OLC) met today, Saturday, with the Advisory Board to discuss recent developments in the governorates of Hadhramaut and al Mahra and the Saudi-Emirati ongoing mediation to protect civilians and facilitate the withdrawal of armed elements affiliated with the South Transitional Council (STC) from the two 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).
Korean autos exports rise 13.7 percent in November
South Korea's autos exports rose by 13.7 percent year-on-year in November, thanks to a notable increase in shipments of eco-friendly and hybrid models.
Barcelona Consolidates Lead in Spanish La Liga with Win Over Villarreal
Barcelona strengthened its position at the top of the Spanish La Liga table after defeating host Villarreal 2-0 in the 17th round of the competition.
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 highly appreciates Saudi-Emirati ongoing mediation to de-escalation in eastern governorates
Legitimacy-Backing Coalition Says Will Deal with All Military Moves that Counter De-Escalation Efforts
A government source confirms full support for Saudi-Emirati mediation to end escalation and for withdrawal of the Transitional Forces from Hadramout, al-Mahrah
UK REAFFIRMS COMMITMENT TO YEMEN'S UNITY AND SOVEREIGNTY
Leadership Council Chairman Presides Over Meeting of National Defense Council
Arab Parliament Reaffirms Support for Yemen's Unity and Government
Yemen Ambassador, Chinese Official Discuss Yemen Developments
Jordan welcomes Saudi Arabia's statement on recent developments in Hadramawt and Al-Mahra
Sultanate of Oman appreciates Saudi efforts to to address the situation in Hadramawt and Al-Mahra
Egypt reaffirms its unwavering support for the legitimate government

About Saba News Agency | Usage Agreement | Contact Us