New Al-Qutaibi Bank Branch Opens in Marib, Boosting Financial Sector

New Al-Qutaibi Bank Branch Opens in Marib, Boosting Financial Sector

On December 21, 2024, the Marib Governorate celebrated the opening of a new branch of Al-Qutaibi Islamic Microfinance Bank, bringing the total number of banks in the oil-rich province to 13. Abdullah Al-Bakri, the deputy governor for administrative affairs, inaugurated the branch along wit...

Severe Cold Snap Hits Yemen, Temperatures Plunge to Freezing

Severe Cold Snap Hits Yemen, Temperatures Plunge to Freezing

On December 20, 2024, Yemen is bracing for a severe cold snap, with temperatures expected to drop to freezing levels in the provinces of Al-Bayda and Dhamar, according to the National Center for Meteorology and Early Warning. The center's latest weather report indicates that the mountainous...

Houthi Group Reports Nine Deaths from Israeli Airstrikes in Yemen

Houthi Group Reports Nine Deaths from Israeli Airstrikes in Yemen

The Houthi group, classified internationally as a terrorist organization, announced on Thursday, December 19, 2024, that nine people were killed during twelve airstrikes conducted by Israeli forces on the capital Sana’a and the western province of Hudaydah, which borders the Red Sea. Acco...

Shockwaves from Syria: 5 Factors Driving Escalation Against the Houthis

Shockwaves from Syria: 5 Factors Driving Escalation Against the Houthis

A recent study has identified 5 key factors that could lead to a decisive military operation against the internationally designated terrorist group, the Houthis, with the city of Hodeidah and the western coast as its potential epicenter. The study, conducted by the Al-Mokha Studies Center and t...

US Imposes New Sanctions on Houthi Leaders and Money Exchange Firms

US Imposes New Sanctions on Houthi Leaders and Money Exchange Firms

On December 19, 2024, the U.S. Department of the Treasury announced a new round of sanctions targeting six Houthi leaders and five money exchange and shipping companies involved in the illicit arms trade, money laundering, and the illegal shipment of Iranian oil to the Houthi group. According t...