Economy

SANAA, April 9 (YPA) -Minister of Oil and Minerals Ahmed Daress on Tuesday said that the cost of losses in the oil and minerals sector due to the aggression estimated at over $ 23.6 billion dollars and 53.9 billion Yemeni riyals until the…

SANAA, April 6 (YPA) - The Supreme Economic Committee in Sanaa on Saturday welcomed any steps, initiatives or real economic measures that would alleviate the suffering of the Yemeni people. The committee called for the economy…

SANAA, April 6 (YPA) – The Yemeni riyal on Saturday, April 6, witnessed a slight improvement against foreign currencies in local financial markets after one day of recovery. The price of a US dollar in the capital Sanaa reached 510 Yemeni…

SANAA, March. 27  (YPA) – Yemen's Minister of Transport Zakaria al-Shami said on Wednesday the statistics of the infrastructure's losses caused by Saudi-led coalition war on Yemen estimated at over $4.3 billion. "Targeting, blockade and…

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…