Economy

SANAA, March 24 (YPA) – The Yemeni Petroleum Company (YPC) on Sunday organized a protesting vigil in front of the United Nations Office in the capital Sanaa to demand lifting the siege on the ports of Hodeidah and Ras Issa and Sanaa…

HODEIDAH, March 23 (YPA) -The losses suffered by the oil sector in the province of Hodeidah, during four years of aggressive war of Saudi-led coalition on Yemen, amounted to more than 33 billion riyals. That included the damage and losses…

SANAA, March 21 (YPA) - Oil prices in Thursday session fell from their highest level they reached in 2019, but markets remain relatively consistent with supply cuts led by the Organization of Petroleum Exporting Countries (OPEC) and…

SANAA, March 14 (YPA) - The Yemeni riyal on Thursday continued its collapse for the second week against foreign currencies in the local exchange markets as it approached 600 riyals for US $ dollar. According to banking sources, the sharp…

SANAA, March 10 (YPA) – Minister of Industry and Trade Abdulwahab al-Dura on Sunday stressed the importance of enforcing laws to combat the phenomenon of commercial fraud and protect consumers. A the opening of a symposium on the commercial…

SANAA, March 9 (YPA) – Yemen Petroleum Company (YPC) on Saturday said that its direct and indirect losses due to Saudi-led coalition aggression and siege amounted to 8,823,527,000 dollars during the period from 2015 to 2018. During a press…

SANAA, March 6 (YPA) - Minister of Industry and Trade  Abdulwahab al-Durra, head of Yemen Standardization Metrology and Quality Control Organization (YSMO), on Wednesday stressed the important of uniting efforts of the relevant authorities…

ADEN, March 2 (YPA) - The Yemeni Petroleum Company (YPC) in the province of Aden on Saturday accused Mohammed Zemam, governor of the Central Bank in Aden, of being behind the oil derivatives crisis in the province. A statement issued by the…

SANAA, March 2 (YPA) - A parliamentary report on Saturday said that economic indicators have shown alarming figures in the high rates of poverty and unemployment and the overall level of prices. The report, prepared by the parliamentary…