Economy

SANAA, Oct. 19 (YPA) - The movement of cargo trucks has stopped almost completely in the capital Sanaa and the besieged Yemeni provinces due to lack of fuel. Many heavy cargo trucks have stopped in the capital Sanaa due to the fuel crisis…

SANAA, Oct. 15 (YPA) – Speaker of the Parliament Yahya al-Ra'ei held a session on Tuesday to discuss a report of Trade and Industry's committee. The members of the parliament stressed importance of encouraging investors for investment to…

SANAA, Oct. 15 (YPA) – The Yemeni riyal has continued to slide against foreign currencies over this month, according to banking sources on Tuesday. The sources said that a dollar now worth 609 riyals on official markets due to the war and…

SANAA, Oct. 13 (YPA) - President of the Supreme Political Council Mahdi al-Mashat on Sunday warned the Saudi-led coalition for the second time "not to seize imported fuel shipments in the Red Sea", considering it as "an arbitrary measure…

SANAA, Oct. 13 (YPA) - Gold prices on Sunday witnessed a slight decline after a week of stability in the Yemeni goldsmith markets. The latest update of gold prices in financial transactions in the markets of goldsmiths in the capital Sanaa…

SANAA, Oct. 13 (YPA) - Yemeni riyal continued recovering on Sunday weeks after a significant drop against foreign exchange rates in local financial markets to stop at 590 riyals per dollar. Banking sources attributed the riyal's decline to…

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…

SANAA, Oct. 10 (YPA) – Yemen's Minister of Oil and Minerals Ahmed Abdullah Daris on Thursday praised efforts exerted by the UN Humanitarian Coordinator Lisa Grande that helped released gas tankers seized by the Saudi-led aggression…

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…