YEMEN Press Agency
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Economy

Yemeni riyal suddenly falls against foreign currencies

SANAA, Feb. 23 (YPA) - The Yemeni riyal on Saturday fell unexpectedly against foreign currencies, after two days of significant improvement in the local exchange markets. Banking sources told Yemen Press Agency that the absence of…

Gold prices stabilize in world markets

SANAA, Feb. 21 (YPA) – Gold prices stabilized on Thursday below 10-month high recorded in the previous session as dollar rose after minutes from the Federal Reserve's last meeting revived expectations for a possible U.S. rate hike this…

YPC approves new price for oil derivatives in Hadramout

HADRAMOUT, Feb. 12 (YPA) - Yemeni Petroleum Company (YPC) branch in Hadramout province on Tuesday approved a new price of petrol at 270 Yemeni riyals per liter, equivalent to 5,400 riyals for 20 liters, in all districts of the province.…

Gas shipment arrives in Hodeidah port

HODEIDAH, Jan. 31 (YPA) – The ship "Mt-odyssey" arrived on Thursday at the port of Hodeidah carrying more than 4,575 tons of gas. Deputy Executive Director of Yemen Gas Company Mohammad Al-Qudimi told Yemen News Agency (Saba) that this gas…

Saudi Arabia loses $36.7 bln of its reserves in 3 years

RIYADH, Jan.  30 (YPA) - Saudi Arabia has lost about $ 36.7 billion of its cash assets since June 2017, continuing its sharp decline, which began unabated four years ago. Official data released by the Saudi Arabian Monetary Authority (SAMA)…