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

Marib Deputy Governor Stresses Importance of World Food Programme's Role in Easing Hardship for Vulnerable Families

Marib Deputy Governor Dr. Abd-Rabu Miftah has emphasized the vital role played by the World Food Program (WFP) in alleviating the suffering of the most vulnerable families amid the continuing deterioration of humanitarian, economic, and living conditions.

Magnitude 5 Earthquake Strikes Fiji Islands in the South Pacific

A magnitude 5.0 earthquake struck south of the Fiji Islands in the South Pacific Ocean on Sunday, according to the United States Geological Survey (USGS). The earthquake occurred at a depth of approximately 486.2 kilometers beneath the Earth's surface.

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.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/06/03 Time 09:17:30
Latest News:

Houthi Artillery Shells Target Civilians' Homes North of Taiz

Parliament Speaker Meets US Ambassador on End of His Term of Office

Dr. Abdullah al-Alimi Meets US Ambassador on End of His Term of Office

Saudi Crown Prince Offers Condolences to Family of Former President Abd-Rabbu Mansour Hadi

Yemen Condemns Iranian Attacks Against Kuwait

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.