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$51 billion Saudi Arabia denied any secret deals or demands with the Houthi militia

Hamza FarooqFinancial & Markets Correspondent • Islamabad / Lahore Bureau
$51 billion Saudi Arabia denied any secret deals or demands with the Houthi militia

📌 Key Highlights & Quick Takeaways:

  • Riyadh (November 6, 2026): Saudi Arabia has rejected Wall Street General's report on the Houthis' demand for $51 billion and power.
  • A senior Saudi foreign ministry official has "outright rejected" a Wall Street General report that claimed Yemen's Houthi militias have dema.
  • In a statement on social media website X, Deputy Minister of Public Diplomacy Raed Karmli clarified that the report had "no basis in fact".

Riyadh (November 6, 2026): Saudi Arabia has rejected Wall Street General's report on the Houthis' demand for $51 billion and power.

A senior Saudi foreign ministry official has "outright rejected" a Wall Street General report that claimed Yemen's Houthi militias have demanded $51 billion from the kingdom and recognition as the country's ruler in exchange for an end to hostilities.

In a statement on social media website X, Deputy Minister of Public Diplomacy Raed Karmli clarified that the report had "no basis in fact". He termed these claims as fabricated stories by the newspaper's writers or their alleged sources.

Raed Karmli criticized the Houthi militia, accusing the Houthis of rebelling against the Yemeni government, pushing the Yemeni people into starvation and poverty, and entangling the country in conflicts and agendas that are not in its interest.

He added that this militia has attacked commercial shipping, civilian and economic facilities in the Red Sea and has always rejected peace efforts. Finally, he reiterated his determination that Yemen already has an internationally recognized government.

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Hamza Farooq

News Desk

Verified editorial report by The Urdu Post newsroom, compliant with journalistic ethics and verification standards.