Foundation stone laid for three Saudi-funded water projects in Marib worth over $25 million
The Deputy Governor of Marib governorate Dr. Abd-Rabbo Miftah laid today, Sunday, the foundation stone for water project aimed to improve access to safe water services for internally displaced persons (IDP)and the host community in al-Madina District.
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.
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.
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.


President al-Alimi Warns of Risks of Iranian Regime’s Continued Investment in Terrorist Militias
Prime Minister, Foreign Minister meets with EU Special Representative for Gulf
Minister of Planning leads talks of gov't delegation with Vice President of WB for Middle East and North Africa
President al-Alimi Affirms Importance of Integration Between National Components
Minister of Social Affairs Discusses Strengthening Protection Programs with UNICEF
Yemen participates in meeting of central bank governors, finance ministers of Middle East and North African countries
President al-Alimi: Establishing stability in government-held governorates prerequisite to restore state institutions
President al-Alimi: Security of waterways contingent on ending control of Iran’s agents over parts of Yemeni mainland
Minister Jaasous discusses with US Ambassador enhancing women’s role peace process
Cabinet approves establishment of Dhalea General Hospital Authority

About Saba News Agency | Usage Agreement | Contact Us