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

Minister of Transport meets with shipping company agents, Director of UN Envoy Office

The Minister of Transport Mohsen al-Amri chaired a meeting today, Thursday, in the temporary capital Aden, intended to discuss the difficulties and challenges facing the private sector and shipping company agents.

Casualty Toll from Israeli Offensive on Gaza Rises to 72,070 Martyrs, 171,738 Injured

The casualty toll from the Israeli occupation’s offensive on the Gaza Strip since October 7, 2023, has risen to 72,070 martyrs and 171,738 injured, according to the Ministry of Health in Gaza.

Korea large companies' exports rise 10 percent

Large companies' exports in South Korea rose approximately 10 percent year-on-year in the fourth quarter of last year, driven by increased global demand for semiconductors.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/02/26 Time 07:21:38
Latest News:

Minister of Higher Education Discusses with UNESCO Enhancing Cooperation, Developing Higher Education ..

Supreme Committee for Budgets Approves Draft Budget for 2026

Minister Al-Sharjabi Discusses Water and Environment Projects with UNDP

PM Orders Immediate Payment of Salaries for Civil Servants, Military Personnel

President Al-Alimi: New Saudi Support is Additional Message of Promising Strategic Partnership

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.