Damascus Exposes ‘Shadow Financial Circles’

Mujahed Ismail, businessman, MP, and head of the “Baath Brigades”
Mujahed Ismail, businessman, MP, and head of the “Baath Brigades”
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Damascus Exposes ‘Shadow Financial Circles’

Mujahed Ismail, businessman, MP, and head of the “Baath Brigades”
Mujahed Ismail, businessman, MP, and head of the “Baath Brigades”

In a surprising move, Syrian state media reported Wednesday that the People's Assembly voted to allow legal action against lawmakers Mujahed Ismail, leader of the “Baath Brigades,” and Khaled Zubaidi, head of the Syrian-Algerian Business Council and a key player in the real estate sector.

This decision came just a day after the assembly unanimously voted to revoke the membership of businessman Mohammad Hamsho, closely linked to President Bashar al-Assad and his brother Maher.

Hamsho is the second member to lose his seat in less than a month for holding Turkish citizenship, following the removal of Aleppo MP Shadi Dibs on Oct. 10.

In a brief report, the local newspaper Al-Watan announced that the assembly voted to permit legal action against Ismail and Zubaidi, but did not clarify the reasons for these proceedings.

This development is significant, as it marks a first in the assembly’s history since President Hafez al-Assad came to power in the early 1970s.

Traditionally, members have needed to gain approval from decision-making circles based on their security profiles, according to sources in Damascus cited by Asharq Al-Awsat.

Although the vote results have not been disclosed, leaks from unofficial local media about the legal actions against key regime figures suggest a potential shift in protection, indicating that these individuals may now be at risk of exclusion from influential financial networks.

Sources told Asharq Al-Awsat that these recent actions signal Damascus's commitment to making changes aimed at reorganizing its internal structure.

This effort is in response to Arab pressures for progress in normalizing relations with Syria, which depend on addressing issues like drug trafficking, refugee returns, and advancing a political solution to the crisis.

These topics were key points in discussions last Sunday between Jordanian Foreign Minister Ayman Safadi and Syrian officials.

The sources also suggested that the Assad regime may consider restructuring its economic front, much of which is currently subject to international sanctions.



Yemeni Army Warns of Houthi Attempts to Reignite War

Chairman of the Yemeni Presidential Leadership Council Dr. Rashad Al-Alimi (c) with the Marib governor and chief of staff during a past visit to the frontlines in Marib. (Saba news agency)
Chairman of the Yemeni Presidential Leadership Council Dr. Rashad Al-Alimi (c) with the Marib governor and chief of staff during a past visit to the frontlines in Marib. (Saba news agency)
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Yemeni Army Warns of Houthi Attempts to Reignite War

Chairman of the Yemeni Presidential Leadership Council Dr. Rashad Al-Alimi (c) with the Marib governor and chief of staff during a past visit to the frontlines in Marib. (Saba news agency)
Chairman of the Yemeni Presidential Leadership Council Dr. Rashad Al-Alimi (c) with the Marib governor and chief of staff during a past visit to the frontlines in Marib. (Saba news agency)

The Yemeni army has warned of the Iran-backed Houthi militias’ constant mobilization and readiness to reignite the war.

Yemen Armed Forces Spokesman Brig. Gen. Abdo Majali told Asharq Al-Awsat that the Houthis have been firing artillery and drones at residential areas and military positions at various battlefronts.

He interpreted the actions as part of the militias’ preparations to return to war, accusing them of aborting “all regional and international efforts to end the conflict in Yemen and achieve peace.”

Defense Minister Mohsen Al-Daeri had told Asharq Al-Awsat previously that the war could erupt at any moment, stressing that the armed forces “were ready for all options.”

Observers interpreted the Houthi preparations and statements by its senior leaders as a reflection of their concern over the legitimate Yemeni army launching a military campaign - with international backing - to liberate Hodeidah and its ports.

The theory is backed by the Houthis’ mobilization of reinforcements to areas under their control in Hodeidah.

Majali stressed that the armed forces are at the “highest level of combat readiness and their morale is high.”

“Comprehensive strategies are in place to liberate the nation from the terrorist Houthi crimes and violations against our Yemeni people,” he declared.

The legitimate Yemeni government has for months since the Houthis started targeted international shipping in the Red Sear been calling on the international community to support its armed forces.

The end of the Houthi attacks on international shipping lies in backing the government, not western strikes against the militias, it has reiterated on numerous occasions.

Majali said the Houthis are continuing their violations against the people in various regions, notably in Taiz, Dhale and Marib.

The main goal for the armed forces is the liberation of the nation, starting with Sanaa, Hodeidah and Hajjah, he added, saying the Houthi “demise is near.”