Economy

RIYADH, Sept. 18 (YPA) - Saudi Arabia said Wednesday it would be forced to enter the debt market for the first time in its history. Saudi Finance Minister Mohammed al-Jadaan said the kingdom is likely to turn to the international debt…

SANAA, Sept. 16 (YPA) - Crude oil prices on Monday rose about 15 per cent, a day after Saudi Aramco attacks, while the price of a barrel reached $ 80, Reuters news agency reported. Reuters quoted traders and analysts as saying "crude oil…

SANAA, Sept. 16 (YPA) -The Yemeni riyal is still recording a significant decline against the foreign exchange rates in the local financial markets, stopping at 613 riyals per dollar on Monday. The riyal decline comes as a result of the…

SANAA, Sept. 14 (YPA) -The Yemeni riyal on Saturday recorded a significant decline against the foreign exchange rates in local financial markets amounted to 613 riyals per dollar. This significant decline of the riyal comes as a result of…

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…