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PM, Kamran Chairman Discuss US Sanctions on Houthi-Controlled Version of the Company

[11/10/2025 03:04]

AMMAN-SABA
Yemen's Prime Minister, Salim bin Braik, met with Kamran Industry and Investment Company Chairman, Abdulhafiz Al-Sema, to discuss the company's activities and future plans, as well as implications of recent US sanctions on the Houthi-controlled entity in Sanaa.

The sanctions, imposed under Executive Order 13224, have caused confusion in international financial and commercial transactions.

Prime Minister bin Braik emphasized that Kamran Company - registered in Jordan's free zones and operating in Aden - is the sole legitimate entity recognized by law and internationally, overseen by Yemen's government.

He condemned Houthi militia's seizure of company assets and appointment of their leaders to its board as illegal acts that prompted US sanctions.

The Prime Minister assured full government support for Kamran Company to protect its brand, markets, and complete its Jordanian factory project phase 2.