Money and business

Among them is related to the UAE.. America imposes broad sanctions on Houthi financiers


Today, Friday, the administration of US President Donald Trump issued new sanctions targeting the Houthis.

The Office of Foreign Assets Control of the US Department of the Treasury said in a statement that the measure targets 21 individuals and entities in addition to one ship.

Sanctions related to the UAE

The most prominent thing in the new package of sanctions is the Janat Al Anhar General Trading LLC, which is considered one of the most sensitive financial links in the Houthi foreign network.

And the company. It is registered in the Emirates, but according to informed sources who spoke to Al-Masdar online, it practically works as a clearing house for black market transfers linked to the Houthis.

The funds used by merchants linked to the group to buy smuggled goods, spare parts, equipment, and even arms-related shipments coming from China and other countries are filtered through it.

It connects "Paradise of rivers" A network of merchants in Sanaa with external financial channels in the Emirates and abroad, allowing the Houthis to manage parallel financial flows outside the official banking system and away from supervision.

Terrorist acts

US Treasury Secretary Scott Besent said in the statement "The Houthis threaten the United States by committing acts of terrorism and attacking commercial ships crossing the Red Sea"

The ministry added that this step comes as a continuation of previous measures taken by the US Treasury Department to pressure the Houthis regarding… "Their massive revenue generation and smuggling networks enable the group to maintain its ability to carry out destabilizing regional activities."including attacks in the Red Sea.

Related Articles

Back to top button