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Economy

Industry ministry intends to reopening textile factory in capital

Aug 19, 2018 6:06 PM

SANAA, Aug. 19 (saba) – Industry Minister Abdul Wahab al-Dura on Sunday affirmed that his minister will provide the support according to its possibility to re-operating the Factory of textile in the capital Sanaa to meet the local supply…

Economy

Pomegranate’s exporting mechanism discussed

Aug 19, 2018 5:12 PM

SANAA, Aug. 19 (YPA) –Deputy of general manager of department to protect plants in Ministry of agriculture Eng. Majeed al-Mutawakel headed on Sunday a meeting in the capital Sanaa a meeting to discuss the procedures of exporting and…

Economy

US economic sanctions against Russia are useless: Analysts

Aug 18, 2018 5:03 PM

SANAA, Aug. 18 (YPA) - Analysts said on Saturday that the new US sanctions against Russia will not achieve the desired goal. The US authorities have approved a new round of "infernal" sanctions, according to US senators who drafted a bill…

Undersecretary Of Ministry Of Finance Calls For Boycott Of American, Israeli Goods

Aug 17, 2018 5:51 PM

SANAA, Aug. 17 (YPA) - The undersecretary of the ministry of finance, Abdual-Salam al-Mahttori called on Friday the Yemeni people for boycott of American and Israeli goods, Saudi and UAE imported goods. Despite measures harmful of coalition…

Water drinking project in Mahweet discussed

Aug 12, 2018 7:15 PM

MAHWEET, Aug. 12 (YPA) – A meeting headed by Mahweet governor Faisal Haidar on Sunday discussed the mechanism of executing the project of Hawasla drinking water in Mahwaeet Jabal district, which the cost is estimated to $ 700 thousand,…

Economy

Hadi’s gov’t blames Marib authorities for Yemeni riyal collapse

Aug 6, 2018 8:06 PM

SANAA, Aug. 6 (YPA) – The exiled Hadi's government loyal to Saudi-led coalition in Aden province on Monday held Marib province's authorities responsible for the collapse of the Yemeni riyal against foreign currencies. Hadi's government…

Economy

Oil prices raise up after monthly Saudi output unexpectedly drops

Aug 6, 2018 4:17 PM

SANAA, Aug. 6 (YPA) - Oil rose on Monday after Saudi crude production unexpectedly fell in July and U.S. drilling appeared to slow, although the price is still almost 10 percent below its 2018 high of more than $80 a barrel. Saudi Arabia…

Economy

Hodeida acting governor launches works Road B project in Hodeida sea port

Aug 4, 2018 6:34 PM

HODEIDA, Aug. 4 (YPA) – Governor acting of Hodeidah Mohammad Kuhaim on Saturday launched the works in the of Road B in Hodeida sea port, with a cost estimated to 62 millions Riyals. The project is executed by the public corporation for…

Economy

Most important reasons for collapse of Yemeni currency, high prices detected

Aug 2, 2018 10:43 PM

SANAA, Aug. 2 (YPA) - A special source in the National Salvation Government in Sanaa blamed on Thursday the coalition countries and exiled President Hadi’s government in Aden for the collapse of the Yemeni currency and the rise in prices.…

Finance minister heads meeting to discuss solutions for high exchange rates

Aug 2, 2018 8:02 PM

SANAA, Aug. 2 (YPA) – A meeting headed by Deputy Prime Minister, Finance minister Hussein Makboly, attended by Industry and trade minister Abdulwahab al-Durah was held on Thursday in capital Sanaa to discuss topics concerning high exchange…

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