Houth seizure of Tadhamon assets threatens what remains of the banking business in Yemen: Minister

Iranian Ship Carrying Weapons for Houthi Militia Seized near Bab Al-Mandab

A joint security operation in Lahj Governorate has seized an Iranian ship, "Bum," carrying weapons and Iranian-made products destined for the Houthi militia.

BTA Presents English edition of Anniversary Book, honours former directors general Panayot Denev, Ivo Indzhev

The Bulgarian News Agency (BTA) presented on Wednesday the English-language edition of 125 Years Bulgarian News Agency. The Real News: Stories On File 1989–2023 at its National Press Club in Sofia.

IsDB celebrates issuance, listing of green Sukuk worth 500 million euros

The Islamic Development Bank (IsDB) will celebrate tomorrow, Tuesday, in the British capital London, the issuance and listing of green sukuk worth 500 million euros by the bank.

Morocco wins Under-20 Youth World Cup title

The Moroccan national team won the FIFA U-20 World Cup title after defeating Argentina 2-0 in the final of the tournament hosted by Chile.

Last Update: ، 2025/10/22 Time 02:31:58
Latest News:

Foreign Minister Receives Copy of Australian Ambassador's Credentials

Military Commander Injured in Houthi Militia Ambush in Taiz

Minister of Industry and Trade Discusses with WTO Activation of Yemen Membership

FM praises US supportive stance towards Presidential Leadership Council and government

Deputy Foreign Minister Discusses Economic Cooperation with Indian Diplomat

Houth seizure of Tadhamon assets threatens what remains of the banking business in Yemen: Minister

[30/06/2021 03:44]

RIYADH-SABA
Yemen's Information Minister said the Houthi militia's recent seizure of the assets of the private Islamic Tadhamon Bank threatens what remains of the banking business in Yemen.

Al-Eryani said the militia's move is an extension of their systematic crackdown on banking business, extortion of businessmen and ruining of the national currency.

"This move comes after six years of emptying the central bank office in Sana'a, the looting of the foreign cash reserves, extortion of commercial banks and general public's savings in banks," he said.

Al-Eryani said the terrorist militia follows a public starvation policy calling on the international community to intervene and stop these damages to the Yemeni economy and the life of the Yemeni people.