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Economy

Ministers of Transport, Oil discuss Ras Issa oil port rehabilitation

Jul 25, 2018 8:00 PM

SANAA, July 25 (YPA) - Minister of Transport, Zakaria Al-Shami, and Minister of Oil and Minerals, Ahmed Daris, discussed on Wednesday the conditions of the Ras Issa oil port and the possibility of rehabilitating the port. The meeting dealt…

Mechanisms of control of supply commodities in Baydha discussed

Jul 24, 2018 6:38 PM

BAYDHA, July 24 (YPA) – The governor of Baydha Ali al-Mansouri on Tuesday headed a meeting to discuss mechanisms of controlling of supply commodities and fuel derivatives and its prices. The meeting reviewed a report, that submitted by…

Economy

Acting Governor of Hodeidah inaugurates Sokhna water project

Jul 24, 2018 12:56 PM

HODEIDA, July 24 (YPA) - Acting governor of Hodeidah Ayyash Qahim and Director General of the Local Water and Sanitation Corporation Abdul Rahman Ishaq inaugurated on Tuesday the project of water supplying the city of Sokhna through the…

Economy

China buys majority stake in Arab mining company

Jul 23, 2018 5:50 PM

SANAA, July 23 (YPA) - China's SDIC said in a statement on Monday that it would buy the Canadian Nutrien Company's stake in Arab Potash Company, which amounts 28 per cent, for $ 502 million. SDIC Mining Investment Co., a subsidiary of the…

Economy

WB sets conditions on $3 bln loan to pay Yemeni staff salaries

Jul 22, 2018 7:39 PM

SANAA, July 22 (YPA) – The World Bank (WB) imposed conditions on a loan of $ 3 billion dollars to the exiled resigned president Hadi's government to be able to pay the state staff salaries in all Yemeni areas, including those under the…

Economy

Cabinet approves final account of state budget for 2014

Jul 18, 2018 9:04 PM

SANAA, July 18 (YPA) - The Cabinet approved in its meeting on Wednesday chaired by Prime Minister Dr. Abdulaziz bin Habtoor the final account of the state budget for the fiscal year 2014 with a total actual resources of 2,347,231,987,000…

Economy

Crude oil prices fall as fears of supply disruptions eased

Jul 16, 2018 4:58 PM

SANAA, July 16 (YPA) – Crude oil prices fell on Monday as fears of supply disruptions eased, Libyan ports resumed export activities, while traders looked for potential supply increases by Russia and other oil producers. Brent crude futures…

Economy

Capital mayor opens pumping drinking water project using solar system

Jul 10, 2018 7:43 PM

SANAA, July 10 (YPA) - Mayor of the capital Sanaa Hamoud Obad and acting director of the International Organization for Migration (IOM) inaugurated in the capital Sanaa a project to pump clean drinking water in the well Ali Bin Abi Talib…

Deputy PM: Aggression forces worked to destroy Yemen economy

Jul 9, 2018 8:44 PM

SANAA, July 9 (YPA) - Deputy Prime Minister and Minister of Finance Hussein Maqboli on Monday said the aggression and occupation forces have worked on destroying Yemen's economy by all means. During chairing a meeting, devoted to discuss…

Economy

Yemen calls Intl organizations to inspect ancient sites hit by coalition in Mahweet

Jul 8, 2018 7:24 PM

MAHWEET, July 8 (YPA) – The general authority for antiquities on Sunday called the international organizations interested in the global human heritage to visit the historic sites in Mahweet province targeted by the Saudi-led coalition's…

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