Houthis Loot $2 Billion in Yemeni Assets

Part of the symposium on Yemen held at King Saud University. (SPA)
Part of the symposium on Yemen held at King Saud University. (SPA)
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Houthis Loot $2 Billion in Yemeni Assets

Part of the symposium on Yemen held at King Saud University. (SPA)
Part of the symposium on Yemen held at King Saud University. (SPA)

Iranian-backed Houthi militias looted about $2 billion from the Yemeni people in the form of royalties, customs duties and taxes on humanitarian aid, charged Saudi Ambassador to Yemen Mohammed Al Jaber.

He disclosed that the militias have continuously been impeding the delivery of humanitarian and relief aid to Yemen and looting the Central bank.

He added that they have allowed Iran to smuggle different kinds of weapons and ballistic missiles in order to target Makkah, Riyadh and a number of Saudi cities.

Speaking at King Saud University during a symposium under the title of "Restoration of Hope... Security, Stability and Development in Yemen", the ambassador announced that forces to support legitimacy in Yemen are 70 kilometers away from the strategic Hodeidah port.

The symposium highlighted the great efforts exerted by Saudi Arabia in Operation Restoration of Hope and its relief and humanitarian initiatives and projects to bolster security, provide medical care and achieve social and economic development in Yemen.

“The Houthis have altered the humanitarian situation and the war for their benefit. They have doubled their income through the looting of $5 billion from the Central Bank and their refusal to pay employee salaries in all institutions in the country,” Jaber stated.

Moreover, he said that the delivery of humanitarian aid in Yemen takes place through 22 air, land and sea ports. Seventeen humanitarian corridors have also been secured.

He held the Houthi militias responsible for disrupting the arrival of humanitarian assistance to those in need, especially in areas under their control.

The Saudi diplomat stressed that the Saudi-led coalition to support the legitimacy of Yemen prioritizes maintaining the safety of Yemeni people and avoiding targeting residential areas.

"In 2018, the Arab Coalition, led by Saudi Arabia, announced the Yemen Comprehensive Humanitarian Operations," he added, asserting that this plan seeks to improve the humanitarian situation in the war-torn country.

Jaber said that the Kingdom's total assistance to Yemen has so far reached around $10.96 billion.

Saudi Ministry of Finance representative Fahd al-Otaiby disclosed that Saudi Arabia has provided $3 billion to the Central Bank in Yemen in cash deposits.

The Kingdom's total aid to developing countries since 1973 has reached around $152 billion, he revealed.



France, Germany, UK and Italy Condemn Israel's 'E1' West Bank Plan

A bulldozer prepares roads at the site of the former Israeli settlement of Kadim near the West Bank city of Jenin, 19 August 2026. EPA/ALAA BADARNEH
A bulldozer prepares roads at the site of the former Israeli settlement of Kadim near the West Bank city of Jenin, 19 August 2026. EPA/ALAA BADARNEH
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France, Germany, UK and Italy Condemn Israel's 'E1' West Bank Plan

A bulldozer prepares roads at the site of the former Israeli settlement of Kadim near the West Bank city of Jenin, 19 August 2026. EPA/ALAA BADARNEH
A bulldozer prepares roads at the site of the former Israeli settlement of Kadim near the West Bank city of Jenin, 19 August 2026. EPA/ALAA BADARNEH

France, Germany, Britain and Italy condemned on Thursday plans by Israel to open up construction tenders for a residential property project called 'E1' in the occupied West Bank.

"The decision by the Israeli government ⁠to publish bid offers ⁠for construction projects within the framework of the E1 settlers' project is unacceptable," said ⁠a joint statement by the leaders of those four countries.

"At a time of grave instability in the West Bank with unprecedented levels of violence by settlers against civilians, and serious restrictions on the Palestinian economy, this decision is even more concerning," said the statement, urging Israel "to retract these plans immediately and end its expansion of settlements in the West Bank."

Hundreds of thousands of Israelis have settled among millions of Palestinians in land captured by Israel in a 1967 war.

Nearly all ⁠countries ⁠and a range of UN bodies consider that such settlements violate international law.


Israelis Return to Last West Bank Settlement Closed over 20 Years Ago

15 August 2026, Palestinian Territories, Hebron: Israeli soldiers deploy in the Old City of Hebron in the West Bank, as Israeli settlers tour the area under their protection after forces closed roads and alleys, restricting the movement of Palestinian residents. Photo: Mamoun Wazwaz/APA Images via ZUMA Press Wire/dpa
15 August 2026, Palestinian Territories, Hebron: Israeli soldiers deploy in the Old City of Hebron in the West Bank, as Israeli settlers tour the area under their protection after forces closed roads and alleys, restricting the movement of Palestinian residents. Photo: Mamoun Wazwaz/APA Images via ZUMA Press Wire/dpa
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Israelis Return to Last West Bank Settlement Closed over 20 Years Ago

15 August 2026, Palestinian Territories, Hebron: Israeli soldiers deploy in the Old City of Hebron in the West Bank, as Israeli settlers tour the area under their protection after forces closed roads and alleys, restricting the movement of Palestinian residents. Photo: Mamoun Wazwaz/APA Images via ZUMA Press Wire/dpa
15 August 2026, Palestinian Territories, Hebron: Israeli soldiers deploy in the Old City of Hebron in the West Bank, as Israeli settlers tour the area under their protection after forces closed roads and alleys, restricting the movement of Palestinian residents. Photo: Mamoun Wazwaz/APA Images via ZUMA Press Wire/dpa

Israelis began moving into the occupied West Bank settlement of Kadim on Thursday, the local settler council said, the last of four communities from which Israel withdrew more than two decades ago to be repopulated.

It came a week after Israel officially reopened neighboring Ganim, in a move emblematic of the current government's policy of rapid settlement expansion in the occupied Palestinian territory.

The Samaria regional council, which administers Israeli settlements in the northern West Bank, described the return to Kadim as a "historic milestone".

"At this very moment, the families of the pioneering settler core are moving into Kadim, a community that was uprooted during the disengagement," it said in a statement.

It said that 30 families were moving to live permanently in the settlement, accompanied on Thursday by far-right Finance Minister Bezalel Smotrich and head of the Samaria regional council, Yossi Dagan.

Kadim is one of four Israeli settlements in the occupied West Bank that Israel evacuated under former prime minister Ariel Sharon's disengagement plan in 2005, which also included abandoning all Israeli settlements in the Gaza Strip.

The move came partly because of their isolated location in the north of the West Bank, among many Palestinian cities and villages.

Under Prime Minister Benjamin Netanyahu's government, settlement construction and expansion have surged, including with the re-establishment of all four evacuated communities -- Ganim, Sa-Nur, Homesh and now Kadim.

"Twenty-one years after the crime of the expulsion from northern Samaria, today we have completed the rectification," Smotrich was quoted as saying in the statement on Thursday.

"These communities constitute a real security buffer for the entire State of Israel," he added, vowing to establish 19 settlements in the northernmost part of the West Bank.

Dagan said: "We have come home, and this time to stay and grow twentyfold."

"We are raising the flag again, closing the circle, and continuing to build Samaria with full force," he added, using the Biblical term for the northern West Bank.

Israel has occupied the West Bank since 1967. More than 500,000 Israelis live in settlements in the territory, which are illegal under international law, among some three million Palestinians.


Türkiye, Egypt, Qatar Condemn Israeli Attacks on Gaza, Call on Israel to Comply with Ceasefire Obligations

Palestinians carry the body of a person killed following an Israeli airstrike in Gaza City, 19 August 2026.EPA/MOHAMMED SABER
Palestinians carry the body of a person killed following an Israeli airstrike in Gaza City, 19 August 2026.EPA/MOHAMMED SABER
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Türkiye, Egypt, Qatar Condemn Israeli Attacks on Gaza, Call on Israel to Comply with Ceasefire Obligations

Palestinians carry the body of a person killed following an Israeli airstrike in Gaza City, 19 August 2026.EPA/MOHAMMED SABER
Palestinians carry the body of a person killed following an Israeli airstrike in Gaza City, 19 August 2026.EPA/MOHAMMED SABER

Türkiye, Egypt and Qatar on Thursday strongly condemned recent Israeli strikes in Gaza, saying in a joint statement that Israel must comply with its obligations under a ceasefire agreement and refrain from steps that could escalate tensions.

"The mediating countries underline that the intensification of Israeli attacks undermines regional and international efforts at a critical juncture, as intensive efforts are under way to implement the Comprehensive Plan to End the Gaza Conflict, including the meeting between the Board of Peace and Israeli officials, and constructive steps are being taken in the negotiation process," they said, Reuters reported.

The international community and Board of Peace must take the necessary steps to ensure compliance with the ceasefire and prevent further escalation, they added.