Economy

SANAA, Nov. 18 (YPA) - The Board of Directors of the Public Authority for Insurance and Pensions discussed on Sunday the financial statements of the Authority and the investment projects that it intends to implement in the coming period. In…

SANAA, Nov. 16 (YPA) - Official reports confirmed that more than $700 million a year is imported in wheat, a figure that is higher than in the previous years. This significant rise comes on the backdrop of a decline in cereal production in…

SANAA, Nov. 16 (YPA) – The Yemeni riyal resumed its decline on Saturday after a week of restoring part of its recovery against foreign exchange rates in the local financial markets to reach 574 riyals per dollar. This came after the arrival…

SANAA, Nov. 15 (YPA) - The Yemeni riyal on Friday declined again against foreign currencies, most notably the US dollar and Saudi riyal. Banking sources attributed that to the arrival of a new batch of Yemeni currency printed in Russia to…

SANAA, Nov. 14 (YPA) – Gold prices stabilized on Thursday in the Yemeni goldsmith markets after prices rose slightly. The latest update of gold prices in financial transactions in the markets of goldsmiths in the capital Sanaa according to…

SANAA, Nov. 13 (YPA) – The Yemeni Ministry of Industry and Trade issued a resolution on Wednesday to ban coffee import. The decision comes within the government's efforts to encourage the domestic production of coffee in accordance to the…

SANAA, Nov. 11 (YPA) - Gold prices rose on Monday in the Yemeni goldsmith markets after two days of decline. The latest update of gold prices in financial transactions in the markets of goldsmiths in the capital Sanaa according to the…

SANAA, Nov. 10 (YPA) - Yemeni riyal on Sunday continued to recover against foreign exchange rates in the local financial markets to stop at 569 riyals per dollar. This recovery came after months of decline due to arbitrary decisions…

Hours after signing Riyadh agreement, Yemeni riyal suffers setback SANAA, Nov.6 (YPA) - Yemeni riyal witnessed a major decline against foreign currencies in the local markets to reach 574 riyals per dollar on Wednesday a day after the…