Planning Minister Meets with British Ambassador
Minister of Planning and International Cooperation Mohammed al-Faqmi met with the United Kingdom’s Ambassador to Yemen Abda Sharif.
Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent
The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.
German Exports Rise 3.9 Percent
The total of German exports increased by 3.9 percent during the first half of 2026 compared to the same period last year, reaching 817.8 billion euros.
Al Nassr Beat Al Fateh 3-0 in Saudi Football League
Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi 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.


Foreign Minister Discusses Resuming Kuwaiti Development Funding for Yemen
Ambassador Balfaqih Discusses Strengthening Bilateral Cooperation with Indonesian Official
U.S. House Holds Hearing on Countering Houthi Terrorism and Protecting Red Sea Security
Prime Minister Receives Acting WFP Executive Director in Aden
Foreign Minister Discusses Expanding Humanitarian Cooperation in Yemen with Kuwaiti Red Crescent
Masam Clears 819 Houthi-Laid Mines and Explosive Devices in a Week
Al-Muharrami Meets Planning Minister, Stresses International Partnerships and Reform Support
Yemen Participates in Opening of 63rd Damascus International Fair
King Salman Humanitarian Aid Centre Launches Distribution of More Than 3,640 Food Baskets in Taiz
Al-Arada Highlights Yemen's Need For An Effective International Partnership To Manage Security, Economic Challenges

About Saba News Agency | Usage Agreement | Contact Us