Economy

SANAA, Aug. 11 (YPA) – The Chamber of Commerce and Industry in the capital Sanaa on Wednesday warned of the repercussions of the Central Bank of Aden's decision to stop opening credits from commercial banks in Sanaa. In a statement, it…

SANAA, Aug. 10 (YPA) - President of the Supreme Political Council, Mahdi al-Mashat, stressed the importance of redoubling efforts and coordination between the various concerned parties and the private sector to control prices and achieve…

SANAA, Aug. 10 (YPA) - Minister of Industry Abdul Wahab Al-Durra stressed on Tuesday the need to encourage agricultural, fish and animal production to achieve self-sufficiency in the country. Al-Durra affirmed that the step would transform…

MARIB, Aug. 10 (YPA) – The banks and exchange shops closed their doors in Marib city, in conjunction with the continuous decline of the Yemeni riyal in the southern provinces located under the control of Saudi-led coalition, local sources…

SANAA, Aug. 10 (YPA) – The Central Bank of Yemen (CBY)  in Sanaa on Tuesday held the leadership of the so-called "Central Bank of Aden" and the international community responsible for any steps or decisions aimed at compromising the…

SANAA, Aug. 10 (YPA) -The Yemeni riyal exchange rate on Monday continued to drop against foreign currencies in the southern provinces, reaching 1045 riyals per dollar in Aden and Hadramout provinces. This came as a result of the “Hadi…

SANAA, Aug. 09 (YPA) – The prices of buying and selling gold on Monday witnessed relative stability in the Yemeni goldsmith markets. The last update of prices in the goldsmith shops in the capital Sanaa, according to the “Yemen Economist”…

SANAA, Aug. 09 (YPA) -The Yemeni riyal exchange rate on Monday continued to drop against foreign currencies in the southern provinces, reaching 1058 riyals per dollar in Aden and Hadramout provinces. This came as a result of the “Hadi…

SANAA, Aug. 08 (YPA) - A meeting was held Sunday in Sanaa, chaired by Deputy Prime Minister for Economic Affairs and Minister of Finance, Dr. Rashid Abu Lahoum, in the presence of the Minister of Transport, Amer Al-Marani. The meeting,…

SANAA, Aug. 08 (YPA) - The foreign exchange rates on Sunday continued to record a significant increase against the exchange rate of the Yemeni riyal in the southern provinces, where the dollar hit 1055 riyals in Aden province. Meanwhile,…