Central Bank Governor discusses support for economic stability with Dutch Ambassador
Governor of the Central Bank of Yemen Ahmed Ghaleb discussed on Wednesday with the Ambassador of the Kingdom of the Netherlands Jeannette Seppen and her accompanying delegation bilateral cooperation and support for the Central Bank of Yemen in carrying out its duties and strengthening its role in achieving economic stability.
Arab League Calls for Confronting Rising Anti-Muslim Hate
The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.
Italy budget deficit at 3 percent
Italy recorded a deficit in its general budget of 3.1 percent of GDP in 2025, thus exceeding the ceiling set by the European Union at 3 percent.
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.
User Name: Password:
U.S. imposes sanctions on a person, Exchanges Firms transfer Iranian funds to terrorist Houthi militias
[28/12/2023 09:25]
WASHINGTON-SABA
The United States announced the imposition of sanctions on a network consisting of a Yemeni person and three entities based in Yemen and Turkey responsible for facilitating the flow of Iranian funding to the terrorist Houthi militias and their destabilizing activities.

The US Treasury Department said in a press statement "its Office of Foreign Assets Control (OFAC) has included on its sanctions list Nabil al-Hadath and three exchange houses in Yemen and Turkey."

The Department added, " These persons have facilitated the transfer of millions of dollars to the Houthis at the direction of U.S.-designated Sa’id al-Jamal, who is affiliated with Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF).

The Treasury Department noted that Sa'id al-Jamal's network relies on a group of exchange offices spread throughout the Middle East to facilitate the movement of Iranian funds to financial companies allied with the (Houthi) militia in Yemen... explaining that the transfer of this money is ultimately made to the (Houthi) militia or Its subsidiaries are located throughout the region.

Brian Nelson, Treasury undersecretary for terrorism and financial intelligence, said Thursday's action "underscores our resolve to restrict the illicit flow of funds to the Houthis, who continue to conduct dangerous attacks on international shipping and risk further destabilizing the region."

Nelson stressed that the U.S. and its allies will continue to target the key facilitation networks that enable the destabilizing activities of the Houthis and their backers in Iran.


Finance Minister discusses with UN Envoy economic challenges
Presidential Leadership Council Member Dr. Abdullah al-Alimi discusses latest developments with US Ambassador
Member of PLC al-Subaihi discusses with IOM joint cooperation
Deputy Governor Barba’a, Petro Masila CEO reviews activities of Agricultural Value Chain Enhancement Project
Houthi Terrorist Militias landmines kill 1104, injuring 1429 civilians in 9 years—Report
Yemen’s Ambassador to US takes oath before President al-Alimi
President al-Alimi congratulates on Senegal’s National Day
IMF Executive Board approves results of Article IV consultations with Yemen
Minister of Water discusses with WB, UNPOS joint cooperation
President al-Alimi praises deep-rooted relations with Kuwait

About Saba News Agency | Usage Agreement | Contact Us