Economy

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…