emen International Bank, one of the country’s oldest and largest commercial banks, has strongly rejected the U.S. Department of the Treasury’s decision to place it and three of its executives on the OFAC sanctions list, describing the move as politically motivated and d...

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on 12 individuals and entities, including the Houthi-aligned Governor of the Central Bank of Yemen, for their involvement in arms trafficking, money laundering, and the i...