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Economy

Ship loaded with +24,000 tons of gasoline arrives at Hodeidah port

Apr 7, 2020 11:29 AM

HODEIDAH, April 7 (YPA) – A vessel carrying 24,854 tons of gasoline arrived on Tuesday at the port of Hodeidah, after it was held at sea by Saudi-led aggression coalition for 146 days. The company said in a statement that the aggression…

Economy

Fuel prices will fall when new oil shipments arrive: YPC

Apr 4, 2020 5:30 PM

SANAA, April 4 (YPA) – The official spokesman for the Yemeni Petroleum Company (YPC) Amin al-Shabati on Saturday said that the company would re-review the prices as soon as the oil cargos that were shipped at low prices arrived to relieve…

Economy

Yemeni riyal rate records stability against foreign currencies

Apr 4, 2020 4:57 PM

SANAA, April 4 (YPA) – The Yemeni riyal exchange rate on Saturday witnessed a relative stability after two days of decline against the foreign currencies in the financial markets, recording 669 riyals per dollar in Aden and Hadramout…

Yemeni riyal rate continues to decline against foreign currencies

Apr 1, 2020 4:21 PM

SANAA, April 1 (YPA) – The Yemeni riyal exchange rate on Wednesday continued to decline against the foreign currencies in the financial markets, reaching 669 riyals per dollar in Aden and Hadramout provinces, southern Yemen. In the capital…

Economy

Meetings of Central Bank of Yemen with IMF concluded in Sanaa

Mar 31, 2020 5:33 PM

SANAA, March 31 (YPA) – The Central Bank of Yemen in Sanaa and the International Monetary Fund (IMF) on Tuesday concluded their meetings, which were held via a closed-circuit television at the bank's headquarters in the capital Sanaa.…

Economy

Yemeni riyal rate decline continues against foreign currencies

Mar 31, 2020 4:47 PM

SANAA, March 31 (YPA) – The Yemeni riyal exchange rate on Tuesday continued to decline against the foreign currencies in the financial markets, reaching 662 riyals per dollar in Aden and Hadramout provinces, southern Yemen. In the capital…

Economy

$800 million losses of Red Sea Ports Corp. due to 5 years of war, blockade

Mar 28, 2020 5:04 PM

HODEIDAH, March 28 (YPA) - Yemen Red Sea Ports Corporation on Saturday announced that its losses due to the war and the blockade imposed by Saudi-led coalition during five years exceeded 800 million dollars. The Corporation indicated, in a…

Coalition continues to detain 16 food, oil derivative ships

Mar 27, 2020 11:20 PM

SANAA, March 27 (YPA) - The Saudi-led aggression coalition has continued to detain 16 oil derivative and food ships, an official source in Hodeidah port told Yemen Press Agency. The source added that the coalition detained three ships…

Economy

Yemeni riyal continues to fall against foreign currencies

Mar 21, 2020 4:09 PM

SANAA, March 21 (YPA) – The Yemeni riyal exchange rate on Saturday continued to decline against the foreign currencies to reach 661 riyals per dollar in Aden and Hadramout provinces, southern Yemen. In the capital Sanaa, the riyal exchange…

Economy

There are enough foodstuffs on market for 6 months: Minister of Industry

Mar 19, 2020 10:32 PM

SANAA, March 19 (YPA) - Minister of Industry and Trade Abdulwahab al-Durrah on Thursday reassured the people on the stability of the food supplies and the ration situation in the capital Sanaa and the rest of the province. Al-Durrah…

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