Economy

SANAA, Feb. 21 (YPA) - The Yemeni riyal on Thursday recorded a significant improvement for the third day in a row against foreign exchange rates in local exchange markets. Yemeni economic observers expected the recovery of the Yemeni riyal…

SANAA, Feb. 21 (YPA) – Gold prices stabilized on Thursday below 10-month high recorded in the previous session as dollar rose after minutes from the Federal Reserve's last meeting revived expectations for a possible U.S. rate hike this…

SANAA, Fed. 18 (YPA) – Residents of Bani Hashish district of Sanaa province on Monday to condemn the normalization with Zionist entity. At the rally, Tribesmen stressed on the importance to confront the Saudi-led coalition and its militias…

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…