Economy

WASHINGTON, May 29 (YPA) - The U.S. economy contracted by 0.2% in the first quarter of the year, affected by weak consumer spending and an increase in the trade deficit, according to the second estimate from the Bureau of Economic Analysis.…

SANAA, May 19 (YPA) - The local currency in Aden and the southern and eastern provinces of Yemen has witnessed a new decline, reflecting the continued collapse after a slight decline compared to the increase recorded last April. On Monday,…

SANAA, May 15 (YPA) - The Comprehensive Free Trade Agreement (CFTA) between the Eurasian Economic Union (EAEU) and Iran entered into force on May 15, the Russian Export Center announced. With the entry into force of the FTA, almost all…

SANAA, May 15 (YPA) – The US dollar exchange rates in Aden and the southern and eastern provinces stabilized on Thursday at 2,556 Yemeni riyals for selling and 2,538 riyals for buying, while the Saudi riyal recorded 670 riyals for selling…

SANAA, May 13 (YPA) - The dollar exchange rate in Aden province on Tuesday recorded 2,559 Yemeni riyals for sale and 2,545 riyals for purchase, while the Saudi riyal exchange rate was 671 riyals for sale and 669 riyals for purchase. It is…

SANAA, April 27 (YPA) - Foreign exchange rates in Aden and the southern and eastern regions of Yemen continue to be unstable due to the sharp decline in the local currency. As for today, Sunday, the exchange rate of the dollar in Aden…

SANAA, April 22 (YPA) - The city of Aden and the provinces of southern and eastern Yemen have witnessed, in recent hours, a significant deterioration in the value of the local currency, coinciding with a sharp rise in foreign exchange…

SANAA, April 21 (YPA) - The city of Aden and the provinces of southern and eastern Yemen witnessed a major collapse of the local currency, with a significant rise in foreign exchange rates, as the dollar exchange rate reached 2,475 Yemeni…

HODEIDA, April 20 (YPA) - An official source at the Yemen Sugar Refining Company categorically denied the misleading news and false rumors circulating about the factory's shutdown, stressing that these claims are baseless. The source…

SANAA, April 19 (YPA) - The instability of exchange rates continues in Aden and other provinces in southern and eastern Yemen, with the continued collapse of the local currency. On Saturday, the US dollar in Aden was trading at 2,445 Yemeni…