Industry Minister, U.S. Ambassador Discuss Economic Cooperation and Investment Opportunities
Minister of Industry and Trade Mohammed Al-Ashwal held talks on Tuesday with U.S. Ambassador to Yemen Steven Fagin on expanding economic cooperation, promoting investment partnerships, and supporting institutional modernization efforts.
Death Toll from Israeli Offensive in Gaza Rises to 72,757, with 172,645 Injured
Medical sources in Gaza Strip said the death toll from the Israeli military offensive on the territory has risen to 72,757, while the number of wounded has reached 172,645 since the outbreak of the war on October 7, 2023.
Oil price tops $100 a barrel
Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.
Inter Milan a win away from Serie A title
Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.
User Name: Password:
Al-Eryani: Houthi Militias' arbitrary taxation on merchants, destructive practices against private sector
[13/09/2024 07:44]
ADEN - SABA
Minister of Information, Culture, and Tourism, Muammar al-Eryani has said that the Houthi terrorist militias, affiliated with Iran, have raised taxes and customs duties by 100% on ready-made clothing and textile traders in areas under their forceful control.

This has led to a complete strike in the markets and falls within the ongoing series of extortion and pressure on businessmen, as well as their destructive practices against the private sector and their systematic targeting of the national economy since the coup.

Al-Eryani added in a press statement to Saba on Friday that this step confirms the Houthi militia's commitment to implementing its plan to dismantle the private sector and eliminate well-known commercial houses in the areas under their control, favoring companies and investors loyal to them.

This aims to achieve total control over the commercial sector and manipulate the national economy, with complete disregard for the difficult economic and humanitarian conditions.

He pointed out that the private sector has faced continuous extortion and pressure since the coup, including the closure and confiscation of hundreds of companies, factories, and commercial establishments, as well as the imposition of arbitrary and illegal levies, fees, and fines.

The militias have also seized goods at ports, disposed of them, and sold them, imposing price lists, which has led to the bankruptcy of several companies and traders, the flight of national capital abroad, and the loss of tens of thousands of jobs.

Al-Eryani called on the international community and the United Nations not to stand idly by in the face of the systematic targeting of commercial houses and capital that have endured and continued their business activities despite the challenging conditions.

He urged immediate action to classify the Houthis as a "global terrorist organization," pursue and hold their leaders accountable, and ensure that they do not escape punishment.


Industry Minister, U.S. Ambassador Discuss Economic Cooperation and Investment Opportunities
Yemen Takes Part in Global Partnerships Conference in London
Vice Foreign Minister Holds Talks in Madrid on Yemen-Spain Relations and Peace Efforts
Presidential Leadership Council Commends Government's Decisions, Considers them Starting Point to Build State Institutions Competent to Deliver on its Obligations
PLC Member Salem al-Khanbashi Reviews Public Health Laboratories and Reaffirms Support for Social Cohesion in Hadramout
Saudi Development Program Showcases Yemen Reconstruction Experience at Global Urban Forum
Cabinet Endorses Economic Measures to Improve Public Sector Conditions
Presidential Leadership Council Member Mahmoud al-Subaihi Receives UN Delegation in Aden
President Reaffirms State Commitment to Fully Resolving Detainees File
Legal Affairs Minister, UN Rights Office Discuss Legislative Reform and Expanded Cooperation

About Saba News Agency | Usage Agreement | Contact Us