Economy

SANAA, Jan. 20 (YPA) - The Central Bank of Yemen denied on Monday reports and rumors have been circulated by social media about resuming dealing with the new illegal currency. An official in the bank confirmed that the bank's decision to…

SANAA, Jan. 20 (YPA) The Yemeni riyal exchange rate continued on Monday its great and increasing collapse in the occupied southern provinces, reaching 668 riyals per dollar in the occupied Aden province for the first time. This came at a…

SANAA, Jan. 19 (YPA) – President of the Supreme Political Council Mahdi al-Mashat met on Sunday with the Central Bank's governor Rashid Abu Lahom. At the meeting, Al-Mashat renewed the council's support for a policy of the Bank in its…

SANAA, Jan. 18 (YPA) - The Yemeni Petroleum Company on Saturday said Saudi-led coalition forces detained five oil ships loaded with more than 140 thousand tons of gasoline and diesel. The company explained, in a statement, that the…

SANAA, Jan. 18 (Saba) - The Yemeni riyal on Saturday continued to settle against foreign exchange rates in the capital Sanaa to reach 589 riyals per dollar, after the decision of the Central Bank in Sanaa to prevent the circulation of…

HODEIDAH, Jan. 17 (YPA) – A tanker carrying a great amount of oil derivations arrived on Friday at Hodeidah port, Yemen's oil company said in a statement. The statement affirmed the arrival of the ship in the port came after being seized by…

SANAA, Jan.16 (YPA) – The gold sale prices witnessed on Thursday 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…

DHAMAR, Jan. 15 (YPA) – Industry Ministry said in a statement that its office in Dhamar destroyed on Wednesday eight tons of expired foodstuffs in the province. The statement affirmed that the expired foodstuffs were belonging to Agency for…

SANAA, Jan. 15 (YPA) – Deputy Prime Minister for Services and Development Hussein Maqbouli on Wednesday stressed on the importance of preserving on farming the Yemeni coffee. "The Yemeni coffee represents a civilizational and historical…