Economy

SANAA, Sept. 12 (YPA) – The Governor of the Central Bank of Yemen in Sanaa Dr. Rasheed Abu-Luhom on Thursday considered that non-accepting of the 2003-2006 dollar editions or undervaluing them as illegal practices rejected by the Central…

SANAA, Sept. 12 (YPA) – The Yemeni riyal on Thursday fell sharply against foreign exchange rates in the local financial markets to stop at 613 riyals per dollar, influenced by differences among Aden Central Bank's leaders and the ongoing…

SANAA, Sept. 12 (YPA) - Yemen Petroleum Company (YPC) on Thursday confirmed the stability of the oil supply situation, noting that the petroleum materials available in reservoirs and at the port are sufficient to cover the needs of citizens…

SANAA, Sept. 11 (YPA) – Prime Minister Dr. Abdulaziz bin Habtoor on Wednesday discussed with Finance Minister Sharaf al-Din al-Kohlani the efforts exerted to prepare the annual spending plan for the next year, 2020. The meeting touched on…

SANAA, Sept. 9 (YPA) - Deputy Minister of Industry and Trade Mohammed al-Hashimi on Monday revealed a joint committee comprised of representatives of Industry, Endowments and Agriculture Ministries and the concerned bodies to identify and…

SHABWA, Aug. 25 (YPA) - A large truck loaded with billions of riyals overturned on Sunday while coming from the Central Bank of Aden towards Marib province on the main road linking between Shabwa and Marib provinces. The overturned…

ADEN, Aug. 22 (YPA) - The central bank's operations in Aden province, southern Yemen, were suspended Thursday for the second time since the conflict broke out in the province. The central bank in the occupied province of Aden announced that…

SANAA, Aug. 21 (YPA) - President of the Supreme Political Council Mahdi al-Mashat on Wednesday discussed with Governor of the Central Bank in Sanaa Dr. Mohammed al-Sayani the level of financial and banking performance. The meeting touched…

SANAA, Aug. 21 (YPA) - The Yemeni riyal on Wednesday recorded significant decline against the foreign exchange rates in the local financial markets at 600 riyals per dollar, influenced by differences among leaders of the Central Bank of…

SANAA, Aug. 20 (YPA) - The Yemeni riyal on Tuesday continued to decline against the foreign exchange rates in the local financial markets to stop at 600 riyals per dollar, influenced by differences of leaders of the Central Bank of Aden and…