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Economy

Explosion in Iranian tanker off Jeddah raises oil prices

GULF, Oct. 11 (YPA) - Oil prices rose on Friday, affected by an explosion in an Iranian oil tanker in the Red Sea off the coast of Jeddah. Brent futures rose 2.11 percent to $ 60.29 a barrel, according to Bloomberg website data. US West…

Gold prices stabilize in Yemeni market on Wednesday

SANAA, Oct. 9 (YPA) - Gold prices stabilized on Wednesday a month after rising in the Yemeni goldsmith markets. The latest update of gold prices in the markets of goldsmiths in the capital Sanaa according to "Yemeni Economist" website is as…

Yemeni riyal recovering against foreign currencies

SANAA, Oct. 9 (YPA) - Yemeni riyal recovered part of its recovery on Wednesday after falling significantly against foreign exchange rates in local financial markets to stop at 611 riyals per dollar. Banking sources attributed the riyal's…

Gold prices stabilize in Yemeni market on Monday

SANAA, Oct. 7 (YPA) - Gold prices stabilized on Monday a week after rising in the Yemeni goldsmith markets. The latest update of gold prices in the markets of goldsmiths in the capital Sanaa according to "Yemeni Economist" website is as to…

Oil stock amount has reached critical situation: YPC

SANAA, Oct. 2 (YPA) - The Yemeni Petroleum Company (YPC) on Wednesday announced the return to work under the emergency program to manage the remaining quantities in its reservoirs in order to provide the minimum need of citizens for the…

Gold prices stabilize in Yemeni market on Wednesday

SANAA, Oct. 2 (YPA) - Gold prices stabilized on Wednesday after a week of rising in the Yemeni goldsmith markets.  According to "Yemeni Economist" website, the latest update of gold prices in the markets of goldsmiths in the capital Sanaa…