Economy

SANAA, Oct. 24 (YPA) - Ministry of Industry and Trade on Thursday said that it would start as of Saturday a field campaign on a daily and continuous basis to monitor markets and control prices of basic foodstuffs. The campaign is aimed at…

SANAA, Oct. 23 (YPA) - Yemeni riyal continued recovering its stability weeks after a significant decline against foreign exchange rates in local financial markets to stop at 598 riyals per dollar on Wednesday. Banking sources attributed the…

SANAA, Oct. 22 (YPA) – President of the Supreme Political Council Mahdi al-Mashat on Tuesday directed Ministry of Industry to prepare an inclusive price list of basic commodities and to oblige shops' owners to comply with it and to take…

SANAA, Oct. 22 (YPA) - Gold prices on Tuesday rose significantly at the goldsmith markets in Yemen after one week of stability in prices. The latest update of gold prices in financial transactions in the markets of goldsmiths in the capital…

SANAA, Oct. 20 (YPA) - Yemeni riyal continued recovering weeks after a significant decline against foreign exchange rates in local financial markets to stop at 603.5 riyals per dollar on Sunday. Banking sources attributed the riyal's…

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…