U.S. Treasury Sanctions 21 Individuals, Entities for Involvement in Financing Houthi Militias
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced today the designation of 21 individuals and entities, as well as the identification of one vessel, on the sanctions list for their involvement in transporting petroleum products, purchasing weapons and equipment and providing financial services to the Iran-backed Houthi terrorist militias.
Massive 7.0 Magnitude Earthquake Strikes Alaska, USA
A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).
S. Korea's ITC exports rise 12.4 percent in 2025
South Korea's exports in the information and communication technology (ICT) industry rose 12.4 percent to a record high in 2025, due to strong demand from the artificial intelligence industry.
Morocco and Senegal qualify for the semi-finals of the Africa Cup of Nations
The Moroccan national team qualified for the semi-finals of the Africa Cup of Nations after defeating Cameroon 2-0 in their match at Prince Moulay Abdellah Stadium in the Moroccan capital, Rabat.
User Name: Password:
Presidential Leadership Council reviews economic situations, regional developments
[02/11/2024 04:42]
(Archive)
ADEN-SABA
The Presidential Leadership Council (PLC) held a meeting today, Saturday, presided over by His Excellency President Dr. Rashad al-Alimi, the Chairman of the PLC, with the attendance of the members of the PLC Aidarous al-Zubaidi, Sultan al-Arada, Tariq Saleh, Dr. Abdullah al-Alimi, Othman Mujalli and Faraj al-Bahsani.

The session devoted to discuss topical issues relating to the economic hardships and basic services situations, including exchange rate fluctuation, basic commodity prices and the costs of commercial shipping as well as the humanitarian repercussions that have been seriously exacerbated by the Iranian-regime backed Houthis militias' terrorist attacks on oil facilities and international marine shipping lanes.

The meeting also touched upon several topical issues in the national arena, including the situations in the governorate of Hadramout and taken necessary measures about them.

President al-Alimi briefed the PLC's members on the outcomes of his meetings with the key regional and international players and his recent meetings in the temporary capital Aden with government headship, the Crisis Management Committee and High Security Committee, Chamber of Trade that aimed to share plans and policies in order to maintain the national currency value, go on the comprehensive reforms and secure the basic services and commodities.

The PLC reiterated its support for the path of the coordinated economic and services reforms with the regional and international partners. In this context, the PLC highly praised the significant role of the brothers in the Kingdom of Saudi Arabia and the United Arab Emirates in supporting the government's efforts to deliver on its obligations, most important of all is the pay of the employees' salaries, securing basic commodity and services.

The PLC touched upon the regional and international developments correlating to the Israeli occupation forces' dangerous escalation in the Palestinian and Lebanese territories and the repercussions of that on the international security and peace.

In this regard, the PLC welcomed the call by the Kingdom of Saudi Arabia for holding joint Arab-Islamic summit on the 11th of this month to address the Israeli escalation in the Palestinian and Lebanese territories, highly appreciating the Saudi Arabia's initiative to launch an international alliance to support the two-state solution.

The PLC has confirmed Yemen's Iron-clad support for the Palestinian people's right to establish its full sovereign and independent statehood in accordance with the UNSC's resolutions and Arab Peace Initiative.

The PLC also reaffirmed Yemen's stance in support of the Lebanese state, its sovereignty and exclusive right to possess the weapons and the decisions of the peace and war, stressing that the cessation of the Israeli aggression and brutal violations is the key for the desirable peace, and an entry to remove Iran's pretexts and its agents to further complicate the situations.


Decree of Chairman of Presidential Leadership Council Appointing two Council Members Issued
President al-Alimi: Houthi militias core of destruction, constant threat to international peace, security
President al-Alimi: We're determined to dismantle the system of impunity
Presidential Leadership Council Decree No. (3) to dismiss membership of Faraj Salmain al-Bahsani
Presidential Leadership Council approves measures to address pressing priorities, normalize situations in gov't held- governorates
President al-Alimi discusses with Saudi Minister of Defense National Developments, Prospects for Promising Partnership
Presidential Directive Orders Closure of Unofficial Prisons, Release of Unlawfully Detained Individuals
President al-Alimi: Weapons outside State Authority Create Fertile Environment for Extremist Groups' Growth
President al-Alimi calls on international community to establish new phase of promising partnership in Yemen
Leadership Council Chairman Emphasizes Judiciary's Role in Upholding State Authority

About Saba News Agency | Usage Agreement | Contact Us