Economy

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…

SANAA, Feb. 24 (YPA) – "Russia Today" Channel on Saturday published a report of US Central Intelligence Agency (CIA) in 1988 confirms that the oil reserves in Yemen exceed the oil reserves in all the Gulf Cooperation Council (GCC) states.…

SANAA, Feb. 23 (YPA) - The Yemeni riyal on Saturday fell unexpectedly against foreign currencies, after two days of significant improvement in the local exchange markets. Banking sources told Yemen Press Agency that the absence of…

SANAA, Feb. 21 (YPA) - The Yemeni riyal on Thursday recorded a significant improvement for the third day in a row against foreign exchange rates in local exchange markets. Yemeni economic observers expected the recovery of the Yemeni riyal…

SANAA, Feb. 21 (YPA) – Gold prices stabilized on Thursday below 10-month high recorded in the previous session as dollar rose after minutes from the Federal Reserve's last meeting revived expectations for a possible U.S. rate hike this…

SANAA, Fed. 18 (YPA) – Residents of Bani Hashish district of Sanaa province on Monday to condemn the normalization with Zionist entity. At the rally, Tribesmen stressed on the importance to confront the Saudi-led coalition and its militias…

SANAA, Feb. 16 (YPA) - Minister of Industry and Trade Abdulwahab al-Durra on Saturday chaired a meeting in Sanaa to discuss a number of issues related to the difficulties facing Small Enterprise Development Fund. At the meeting, al-Durra…

SANAA, Feb. 14 (YPA) – Yemen Microfinance Network on Wednesday launched its training activities for 2019 by training trainers from the microfinance sector in accordance with standards of the International Finance Corporation (IFC). The…

HADRAMOUT, Feb. 12 (YPA) - Yemeni Petroleum Company (YPC) branch in Hadramout province on Tuesday approved a new price of petrol at 270 Yemeni riyals per liter, equivalent to 5,400 riyals for 20 liters, in all districts of the province.…

SANAA, Feb. 9 (YPA) – The Yemeni riyal on Saturday continued to decline against foreign currencies, after two days of slight improvement in the domestic exchange markets. Banking sources told Yemen Press Agency that the absence of the…