Minister of Endowments Condemns Houthi Attempt to Target Mecca
Minister of Endowments and Guidance Sheikh Turki al-Wadaei condemned the Houthi militia’s attempt to target Mecca, calling it a grave crime and a provocation to the feelings of Muslims worldwide.
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:
Economic Committee: Houthi rebels' practices drive national economy into overall collapse
[28/05/2019 10:20]


ADEN-SABA
The Economic Committee charged managing economic hardships said Houthi militias are insisting on exploiting economic and fiscal situations in the militia controlled regions to get involved in currency speculations in the market causing national currency slide.

The committee added in statement seen by the Yemeni News Agency (Saba) saying" The militia is insisting on driving national economy into total collapse, exercising blackmailing on financial institutions under weapons intimidation to justify its actions, serves its own interests; employing national currency collapse to achieve gain politically by capitalizing on the peoples' suffering, blaming the government and Arab Coalition for the deteriorated humanitarian situation".

The committee reaffirmed that the Central Bank of Yemen (CBY) has continued to do its job, securing foreign currency to import basic commodities of food and fuels for all traders in line with the stated regulations and conditions.

The committee called on the International Community (IC) and UN to sense their responsibility, get the militia refrain from exploiting the humanitarian crisis to gain politically.


Minister of Endowments Condemns Houthi Attempt to Target Mecca
Yemeni Government Condemns Houthi Attempt to Target Mecca
President al-Alimi: Holding Committers of Grave Human Rights Violations Accountable for Their Crimes, Key Part of Battle to Restore State Institutions
Latvia: Iran's Support for Houthis Contributes to Destabilize Regional Stability
Greece Confirms its Solidarity with Yemen, Saudi Arabia in Defending their Sovereignty According to International Law
Pakistan: Houthi Escalation Threatens Freedom of Navigation, International Trade
Minister al-Yafei Discusses with Director-General of Arab Labor Organization, Arab Counterparts Exchange of Expertise in Labor Markets
Britain Warns of Houthi Militias Control of Yemeni Red Sea Coast ,Bab Al-Mandeb, Threatening Freedom of Navigation
Foreign Minister Discusses Humanitarian and Development Respons
Shura Council Chairman Discusses with French Ambassador Developments, Houthi Threats to International Shipping

About Saba News Agency | Usage Agreement | Contact Us