Economy

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…

RIYADH, Jan.  30 (YPA) - Saudi Arabia has lost about $ 36.7 billion of its cash assets since June 2017, continuing its sharp decline, which began unabated four years ago. Official data released by the Saudi Arabian Monetary Authority (SAMA)…

MARIB, Jan. 27 (YPA) - An overturning accident of a truck on the road between Marib and Bayda provinces has revealed about a large "money laundering" operation involving prominent officials in the government of the exiled Hadi. It was found…

ADEN, Jan. 26 (YPA) - Aden Refinery Trade Union Committee on Saturday has launched an urgent appeal to the people of the southern provinces, human rights organizations and civil society organizations to counter the corruption in the…

SANAA, Jan. 23 (YPA) – Deputy Prime Minister and Finance Minister Dr. Hussein Maqboli on Wednesday stressed the importance of the economic axis in the national vision for building the Yemeni modern state, as it is linked to all other axes.…

SANAA, Jan. 21 (YPA) – Saudi-led coalition airstrikes have caused losses estimated at 1.4 billion US dollars to the Yemeni private sector in the capital Sanaa. A damage assessment report issued by the Chamber of Commerce and Industry in the…