Economy

SANAA, Dec. 18 (YPA) – The Central Bank of Yemen in Sanaa on Wednesday gave a 30-day deadline starting from December 19, 2019 to the citizens who posses illegal currency to change it with the national currency. This came in a statement…

SANAA, Dec.18 (YPA) - The Yemeni riyal on Wednesday continued to fall against foreign currencies in the local financial markets to reach 607 riyals per dollar. The Yemeni riyal devaluation came as a result of the ongoing conflict between…

SANAA, Dec. 17 (YPA) - Information Minister Dhaifallah al-Shami stressed the importance of doubling efforts to preserve the natural reserves and environment in Ibb province. The minister and Ibb governor Abdel Wahid Salah discussed, in a…

SANAA, Dec. 17 (YPA) – Money exchange companies on Monday signed an agreement to comply with the circulars of the Central Bank in Sanaa and to abstain from any practices harming the national economy and the national currency and prohibited…

SANAA, Dec. 15 (YPA) – Gold prices on Sunday witnessed a relative rise in the Yemeni goldsmith markets after two months of stability. The latest update of gold prices in financial transactions in the markets of goldsmiths in the capital…

SANAA, Dec.14 (YPA) - The Yemeni riyal on Saturday decreased significantly against the exchange rates of foreign currencies in the local financial markets, reaching 604 riyals per dollar. The instability of the Yemeni riyal came as a result…

SANAA, Dec. 12 (YPA) - Yemen's oil company spokesman Amin al-Shobati confirmed on Thursday that the Saudi-led aggression coalition has continued to detain and prevent 13 oil ships from the arrival at Hodeidah port. The spokesman said that…

HODEIDAH, Dec. 11 (YPA) – Finance Minister Sharaf al-Kohlani stressed on the importance of developing Hodeidah's resources for alleviating the economic impacts resulting from the Saudi-led aggression coalition and its blockade imposed on…

SANAA, Dec. 11 (YPA) – An Industry office on Wednesday confiscated and destroyed 32 tons of expired milk in the capital Sanaa. Sadiq Salah, a director General of the Office of Industry and Trade, said that the move came within the control…