Yemeni forces advise investors to transfer investments from KSA, UAE

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Yemeni Armed Forces Spokesperson Yahya Saree called on investors in Saudi Arabia and the UAE to “move their investments to another country,” stressing that “investment in the UAE and Saudi Arabia is risky.”

In a tweet on his account Tuesday, Saree advised investors that "in order to ensure you do not lose any further, you must move your investment from an aggressor country to another [country]," as investing in countries such as the UAE and Saudi Arabia, is "risky," adding that "the doors are open."

أخي المستثمر..
حرصاً منا على ألّا تخسر أكثر، يجب نقل استثمارك من دولة معتدية على دولة أخرى، فالاستثمار فيها محفوف بالمخاطر كالإمارات والسعودية..
فالفرصة سانحة.

— العميد يحيى سريع (@army21ye) October 4, 2022

Earlier today, the Supreme Economic Committee in Sanaa announced it is still sending final letters to companies involved in looting the sovereign wealth, in order to stop looting, in implementation of the directives of the President of the Supreme Political Council, Mahdi Al-Mashat.

It is noteworthy that the head of the Supreme Political Council in Yemen, Mahdi Al-Mashat, issued Saturday directives to send the final official letters to all companies and entities concerned with the looting of Yemeni sovereign wealth to completely stop looting.

A few days ago, Saree considered that foreign companies that plunder Yemen's wealth should take the warnings of the leader of the Yemeni Ansar Allah movement Sayyed Abdul-Malik Al-Houthi seriously.

While the armistice between Sanaa and the Saudi coalition has not been renewed yet, the head of the Sanaa negotiating delegation, Mohammad Abd Al-Salam, pointed out that reports of some biased media outlets about an agreement to extend the UN-brokered humanitarian and military truce are false.

The Yemeni diplomat's remarks came in parallel with the expiration of the UN-brokered humanitarian and military truce that stipulates ceasing all offensive military operations in Yemen and across its borders.

Abdel Salam revealed on Monday the latest developments related to extending the armistice while communicating with the European Union Coordinator for Political Affairs. 

"We received a phone call from the European Union Coordinator for Political Affairs, in which we confirmed our well-known position regarding the urgency of disbursing the salaries of all employees and the salaries of retirees, as well as ending the arbitrary restrictions on the port of Al-Hudaydah and Sanaa airport," Abdel Salam said in a tweet.