كتب يمن مونيتور Confusion Among Traders in Sanaa: How Do U.S. Sanctions Affect the Private Sector?!..اخبار عربية عبر موقع نبض الجديد - شاهد Yemen Monitor Reports Unit Special On Wednesday, March 5, the U.S. Treasury imposed broad sanctions on Ali Al Hadi, the head of the Chamber of Commerce and Industry in Sana 8217;a, the largest commercial chamber in Yemen. This came a day... , نشر في الثلاثاء 2025/03/11 الساعة 01:19 ص بتوقيت مكة المكرمة التفاصيل ومشاهدتها الان .
Yemen Monitor / Reports Unit / Special:
On Wednesday, March 5, the U.S. Treasury imposed broad sanctions on Ali Al-Hadi, the head of the Chamber of Commerce and Industry in Sana’a, the largest commercial chamber in Yemen. This came a day after the implementation of the decision to designate the Houthis as a Foreign Terrorist Organization came into effect. The sanctions targeted seven leaders and traders affiliated with the armed group and a commercial company linked to them.
This directly affects the Chamber of Commerce led by Al-Hadi. Although the chamber itself is not listed on the U.S. terrorism lists, the presence of a sanctioned leader could prompt international commercial and financial institutions to be cautious in dealing with the chamber and its members. This could impact imports in a country that relies on imports for 80% of its needs, thereby affecting the economy in Houthi-controlled areas specifically and Yemen in general.
The Situation in Sana’a
The atmosphere in Sana’a seems to be one of shock and confusion among businessmen and private sector leaders. They describe it as a turning point that could lead these Houthi-controlled areas to a state similar to the years just before the fall of Bashar al-Assad in Syria.
Amid the confusion, the Houthis have not announced any measures to reassure the market—on the contrary, they have pushed their loyalists and revenue institutions to collect funds since the start of Ramadan, including zakat amounting to hundreds of millions of dollars.
A businessman in Sana’a told Yemen Monitor that they do not expect the Houthis to take any steps to mitigate the impact of the sanctions. Traders anticipate that the Central Bank in Aden might intervene to alleviate the impact on the private sector, which is already collapsing in Houthi-controlled areas.
He also expressed concern about the potential suspension of banking operations in Houthi-controlled areas and their ability to conduct international transactions in the near future.
Halting International Transactions
At least one bank in Sana’a has informed businessmen that their international transactions have been suspended pending clarification from Aden and Sana’a and any exemptions that might apply.
The notification was reportedly made via email and phone, according to two businessmen dealing with the bank in Sana’a, according to Yemen Monitor.
This has raised fears within the banking sector and among businessmen about the possible suspension of the SWIFT code for six major commercial banks, acco
شاهد confusion among traders in
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و تَجْدَرُ الأشارة بأن المقال الأصلي قد تم نشرة ومتواجد على يمن مونيتور ونحيطكم علما بان قام فريق التحرير في نبض الجديد بالتاكد منه وربما تم التعديل فيه وربما قد يكون تم النقل بالكامل اوالاقتباس منه ويمكنك قراءة ومتابعة مستجدادت هذا الخبر او المقال من مصدره الاساسي.