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Economy

Industry Ministry seizes great quantities of expired goods in Sanaa

Nov 21, 2019 8:31 PM

SANAA, Nov. 21 (YPA) - Yemeni Standards and Metrology Authority of the Ministry of Industry and Trade on Thursday seized great quantities of expired goods in Sanaa. The goods were destroyed due to violating the standard specifications…

Economy

Ministry of Industry takes deterrent legal measures against manipulators of food prices

Nov 19, 2019 7:04 PM

SANAA, Nov. 19 (YPA) - Minister of Industry and Trade Abdul Wahab Yahya Al-Durra said that the necessary and deterrent legal measures would be taken against the violators and manipulators of food prices. Al-Durra affirmed in a press…

Yemeni riyal continues to decline against foreign currencies

Nov 19, 2019 5:06 PM

SANAA, Nov. 19 (YPA) – The Yemeni riyal continued to fall against the foreign currencies in the local financial markets on Tuesday to reach 578 riyals per dollar, two weeks after the signing of Riyadh agreement between factions loyal to the…

Economy

Over $20 billion losses in agricultural sector due to war in Yemen

Nov 18, 2019 8:19 PM

SANAA, Nov. 18 (YPA) – Deputy Minister of Agriculture Majid al-Mutwakil on Monday revealed that the losses of the agricultural sector due to the aggression war led by Saudi-led coalition countries exceeded 20 billion dollars until the end…

Economy

Yemeni riyal drops significantly against foreign currencies

Nov 18, 2019 4:54 PM

SANAA, Nov. 18 (YPA) – The Yemeni riyal fell on Monday before the exchange rates of foreign currencies in the local financial markets to reach 582 riyals per dollar, two weeks after the signing of Riyadh agreement between factions loyal to…

Economy

Board of Directors of Insurance Authority discusses investment projects

Nov 18, 2019 1:22 AM

SANAA, Nov. 18 (YPA) - The Board of Directors of the Public Authority for Insurance and Pensions discussed on Sunday the financial statements of the Authority and the investment projects that it intends to implement in the coming period. In…

Economy

Yemen needs 350,000 tons of wheat per month

Nov 16, 2019 11:35 PM

SANAA, Nov. 16 (YPA) - Official reports confirmed that more than $700 million a year is imported in wheat, a figure that is higher than in the previous years. This significant rise comes on the backdrop of a decline in cereal production in…

Economy

Yemeni riyal drops again against foreign currencies

Nov 16, 2019 5:29 PM

SANAA, Nov. 16 (YPA) – The Yemeni riyal resumed its decline on Saturday after a week of restoring part of its recovery against foreign exchange rates in the local financial markets to reach 574 riyals per dollar. This came after the arrival…

Economy

Yemeni riyal drops after new printed currency batch arrived in Aden

Nov 15, 2019 10:20 PM

SANAA, Nov. 15 (YPA) - The Yemeni riyal on Friday declined again against foreign currencies, most notably the US dollar and Saudi riyal. Banking sources attributed that to the arrival of a new batch of Yemeni currency printed in Russia to…

Economy

Gold prices stabilize in Yemeni goldsmith markets

Nov 14, 2019 5:06 PM

SANAA, Nov. 14 (YPA) – Gold prices stabilized on Thursday in the Yemeni goldsmith markets after prices rose slightly. The latest update of gold prices in financial transactions in the markets of goldsmiths in the capital Sanaa according to…

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