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Economy

Yemeni riyal continues to recover against foreign currencies

Nov 5, 2019 4:57 PM

SANAA, Nov. 5 (YPA) - Yemeni riyal on Tuesday continued to recover against foreign exchange rates in the local financial markets to stop at 563 riyals per dollar. This recovery came after months of decline due to arbitrary decisions…

Yemeni riyal continues to recover against foreign currencies

Nov 3, 2019 5:46 PM

SANAA, Nov. 3 (YPA) - Yemeni riyal continued to recover against foreign exchange rates in the local financial markets to stop at 569 riyals per dollar on Sunday. Banking sources attributed the riyal's decline to arbitrary decisions recently…

Economy

YECO prepares to open direct selling points for bread in Sanaa

Nov 2, 2019 7:36 PM

SANAA, Nov. 2 (YPA) – Undersecretary of Ministry of Industry and Trade for Internal Trade Sector Bassam al-Ghorbani on Saturday chaired in Sanaa a meeting to discuss enhancing the Yemeni Economic Corporation (YECO)'s role in opening direct…

Economy

Shura Council discusses financial, economic situations

Nov 2, 2019 7:13 PM

SANAA, Nov. 2 (YPA) – The Shura Council on Saturday held a meeting, included the joint committee formed from the council's finance committee and the committee charged by Finance Minister. The meeting, chaired by the Council's Speaker…

Economy

Central Bank keen to develop capabilities of banks, exchange companies: Governor

Oct 30, 2019 7:19 PM

SANAA, Oct. 30 (YPA) - Governor of the Central Bank of Yemen Dr. Rashid Abulahom on Wednesday affirmed the Bank’s keenness to develop capabilities of Yemeni banking cadres to meet the international requirements of anti-money laundering…

Economy

Yemeni riyal continues to recover against foreign currencies

Oct 30, 2019 5:08 PM

SANAA, Oct. 30 (YPA) - Yemeni riyal on Wednesday continued to recover against foreign exchange rates in local financial markets weeks after a significant decline to stop at 577 riyals per dollar. Banking sources attributed the riyal's…

Economy

Supreme Political’s Member calls for regulating work in import

Oct 28, 2019 1:41 AM

SANAA, Oct. 28 (YPA) - Member of the Supreme Political Council Mohammed Ali al-Houthi on Sunday stressed the need to find a clear matrix to organize the work in import between traders and concerned parties to face the economic siege…

Economy

Ministry of Industry sets direct selling points for wheat, flour at cost price

Oct 27, 2019 7:28 PM

SANAA, Oct. 27 (YPA) - Ministry of Industry and Trade approved on Sunday setting of direct selling points for wheat and flour in the capital city and a number of provinces at cost price to ease the burdens on citizens. This came at a…

Economy

Gold prices decline in Yemeni markets

Oct 27, 2019 5:02 PM

SANAA, Oct. 27 (YPA) - Gold prices on Sunday fell slightly at the goldsmith markets in Yemen after one week of rising in prices. The latest update of gold prices in financial transactions in the markets of goldsmiths in the capital Sanaa…

Yemeni riyal continues to recover against foreign currencies

Oct 27, 2019 4:36 PM

SANAA, Oct. 27 (YPA) - Yemeni riyal continued recovering weeks after a significant decline against foreign exchange rates in local financial markets to stop at 598 riyals per dollar on Sunday. Banking sources attributed the riyal's decline…

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