SANAA (AFP) - Yemeni authorities have arrested the financier of Al-Qaeda operations in the country and in neighbouring Saudi Arabia, an official said on Sunday, as cited on the defence ministry news website. The arrested man is named Hassan Hussein bin Alwan, a Saudi national, and he is the financier for attacks launched by Al-Qaeda organisation in Yemen and Saudi Arabia, the unnamed security official told September Net website. He is considered one of the most dangerous members of Al-Qaeda, he added. The arrest took place last week and led to an Al-Qaeda cell being dismantled that was operating in Sanaa and the Marib province of eastern Yemen, an interior ministry official told AFP. This cell was planning terrorist attacks in Yemen. It had already mounted several Al-Qaeda attacks carried out in the country, the official said, declining to be named. Yemen, the ancestral land of Al-Qaeda leader Osama bin Laden, has witnessed a number of attacks claimed by the organisation in recent years against foreign missions, tourist sites and oil installations. The New York Times reported on Friday that dozens of Al-Qaeda fighters and some of the extremist groups leaders are shifting to Somalia and Yemen from their haven in Pakistans tribal areas amid US military pressure. But a Yemeni official on Saturday dismissed the report as fabrications that are baseless, claiming that Yemen is not a suitable place for terrorists to use as a safe haven.