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The crush took place in the Old City in the centre of Sanaa when hundreds of poor people gathered at an event organised by merchants, according to the Houthi-run Interior Ministry.
The ministry’s spokesman, Brig Abdel-Khaleq al-Aghri, blamed the disaster on the “random distribution” of funds without coordination with local authorities.
Dozens of casualties were taken to nearby hospitals. Motaher al-Marouni, a senior health official in Sanaa, gave the death tally and said at least 13 were seriously injured, according the Houthi’s Al-Masirah satellite TV channel.
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The Houthi-run Interior Ministry said it had detained two organisers and an investigation was underway.
Yemen’s capital is controlled by the Iranian-backed Houthis since they descended from their northern stronghold in 2014 and removed the internationally recognised government.
The Houthi move prompted a Saudi-led coalition to intervene in 2015 to try to restore the internationally recognised government.
The conflict has turned in recent years into a proxy war between Saudi Arabia and Iran. The war has killed more than 150,000 people, including fighters and civilians, and created one of the world’s worst humanitarian disasters.