Yemen officials say UAE barring ships with government cash - News Summed Up

Yemen officials say UAE barring ships with government cash


SANAA, Yemen — The United Arab Emirates is barring ships carrying some 170 billion Yemeni rials ($680 million) from entering the southern port of Aden, Yemeni officials said Wednesday. The officials, including one from the Yemeni central bank, spoke on condition of anonymity because they were not authorized to speak with reporters. Like most other southern ports, Aden is under the control of the UAE, a key partner in the Saudi-led coalition fighting the Shiite Houthi rebels, who control most of northern Yemen, including the capital, Sanaa. The officials said the UAE had in the past prevented aircraft carrying cash from landing at Aden’s airport. The UAE ban came nearly a year after Hadi ordered the relocation of the Central Bank to Aden, the government’s temporary seat.


Source: National Post March 07, 2018 09:45 UTC



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