Prime Minister affirms support for independence of Central Bank
Prime Minister and Minister of Foreign Affairs and Expatriates, Dr. Shaya Zindani has affirmed the government’s full support for the independence of the Central Bank of Yemen and its empowerment to carry out its pivotal role in achieving financial and monetary stability, enhancing confidence in the national economy.
Arab League Calls for Confronting Rising Anti-Muslim Hate
The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.
Oil rises as markets assess supply risks
Oil prices rose today, Tuesday, due to supply concerns, with Brent crude futures climbing $2.89, or 2.9 percent, to $102.83 per barrel.
Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh
Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional 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.


Yemen condemns Israeli Knesset's approval of law to execute Palestinian prisoners
Yemenia resumes its flights from Aden to Amman
Al-Sharjabi discusses with FAO partnership in water, environment
Yemen Embassy Chargé d’Affaires discusses strengthening bilateral relations with South African official
Presidential Leadership Council member al-Subaihi receives Vice President of WB in Aden
Amb. Bahumaid confers with Malaysian Deputy Foreign Minister bilateral cooperation
Prime Minister receives Vice President of WB in Aden
Torrential rains in Taiz cause deaths of 15 people, widespread material losses
Vice Foreign Minister holds meeting with Yemeni Ambassadors to Arab countries
Masam Warns of Flood-Displaced Landmines Amid Heavy Rains in Yemen

About Saba News Agency | Usage Agreement | Contact Us