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Economy

Deputy PM discusses Road Fund plan to rehabilitate road, bridge network

Dec 31, 2019 7:48 PM

SANAA, Dec. 31 (YPA) - Deputy Prime Minister for Services and Development Hussein Maqbouli discussed on Tuesday a road maintenance fund's work plan for the year 2020. The move came during an extended meeting in presence of the minister of…

Economy

Sanaa prohibits importing frozen meat from other than country of origin

Dec 31, 2019 6:36 PM

SANAA, Dec. 31 (YPA) - Ministry of Industry and Trade on Tuesday issued a decision prohibiting the import of beef, lamb, goat, chicken, and their chilled and frozen products from other than the country of origin. The decision stipulated…

Economy

Oil tanker arrives at Hodeidah port

Dec 30, 2019 4:58 PM

HODEIDAH, Dec. 30 (YPA) – A ship carrying a large amount of oil derivations arrived on Monday at Hodeidah port, according to a Yemen's oil company statement. The statement affirmed that the arrival of the ship at the port came after being…

Yemeni riyal recovers in Sanaa, declines in southern provinces

Dec 29, 2019 4:35 PM

SANAA, Dec. 29 (YPA) - The Yemeni riyal exchange rate on Sunday recovered against foreign currencies in the capital Sanaa to stop at 581 riyals per dollar, while it fell dramatically in the occupied southern provinces to reach 612 riyals…

Gold prices record relative stability in Yemeni markets

Dec 28, 2019 5:03 PM

SANAA, Dec. 28 (YPA) - The gold sale prices witnessed on Saturday a relative stability in the Yemeni goldsmith markets. According to the "Yemen Economist" website, the latest update of gold prices in financial transactions in the markets of…

Economy

Yemeni riyal recovers against foreign currency in Sanaa, drops in Aden

Dec 28, 2019 4:56 PM

SANAA, Dec. 28 (YPA) - The Yemeni riyal exchange rate on Saturday recovered against foreign currencies in the capital Sanaa to stop at 569 riyals per dollar, while it fell dramatically in the occupied southern provinces to reach 609 riyals…

Economy

Central Bank announces mechanism, agents for changing illegal currency

Dec 26, 2019 2:09 AM

SANAA, Dec. 26 (YPA) – The Central Bank of Yemen on Wednesday announced the mechanism of changing the illegal currency within the specified deadline in the capital Sanaa via 143 agents, including banks and their branches and money exchange…

Economy

Central Bank accuses Hadi’s govt of destroying Yemen’s economy

Dec 25, 2019 7:53 PM

SANAA, Dec. 25 (YPA) – The Central Bank of Yemen in the capital Sanaa on Wednesday accused Saudi-backed Hadi's government of destroying the Yemeni economy through printing a trillion and 700 billion riyals within two years. "The amount of…

Economy

Yemeni riyal continues to fall against foreign currencies

Dec 25, 2019 4:53 PM

SANAA, Dec. 25 (YPA) - The Yemeni riyal exchange rate on Wednesday continued to decline against foreign currencies reaching at 608 riyals per dollar in the local financial markets. The riyal devaluation came as a result of the ongoing…

Economy

Sanaa government supports central bank’s measures to withdraw illegal currency

Dec 22, 2019 7:31 PM

SANAA, Dec. 22 (YPA) – The National Salvation Government affirmed in its meeting on Sunday chaired by Abdulaziz bin Habtour, its support for measures taken by the Central Bank to withdraw illegal currency from markets and reduce the impacts…

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