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Economy

Gold prices stabilize in Yemeni markets on Wednesday

Nov 6, 2019 6:33 PM

SANAA, Nov. 6 (YPA) - Gold prices stabilized on Wednesday at the goldsmith markets in Yemen 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…

Economy

Hours after signing Riyadh agreement, Yemeni riyal suffers setback

Nov 6, 2019 5:24 PM

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…

Economy

Security seizes amount of prohibited agricultural pesticides in Dhamar

Nov 5, 2019 7:07 PM

DHAMAR, Nov. 5 (YPA) – The Yemeni security forces seized on Tuesday a great amount of prohibited agricultural pesticides in Dhama province, a security official said. The official added that the seizures with accused persons were referred to…

Gold prices decline in Yemeni markets

Nov 5, 2019 5:02 PM

SANAA, Nov. 5 (YPA) - Gold prices on Tuesday fell slightly 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…

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…

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