Economy

SANAA, Aug 26 (YPA) - Russian Minister of Industry and Trade, Denis Manturov, called on the member states of the "BRICS" group to increase financial transactions between members in national currencies at the expense of the dollar. This came…

SANAA, Aug 24 (YPA) - The Yemeni Oil Company said that the aggression coalition is still holding 20 oil vessels so far, including two ships loaded with diesel and two ships carrying household gas. In a statement issued by the company on…

SANAA, Aug. 22 (YPA) - An extended meeting was headed on Saturday by the Minister of Agriculture, Abdul-Malik al-Thawr, to discuss aspects related to advancement of agricultural sector. At the meeting, al-Thawr stressed on the importance of…

SANAA, Aug. 19 (YPA) - Prime Minister Dr. Abdulaziz Saleh bin Habtour, praised on Wednesday great role played by the private sector supporting national steadfastness and confronting the Saudi-led aggression coalition and its siege imposed…

HODEIDAH, Aug. 17 (YPA) – The Yemeni Red Sea Ports Corporation said on Monday that it has incurred more than $ 2 billion as a result of Saudi-led coalition's military operations. According to a statement issued by the Corporation, the…

SANAA, Aug. 17 (YPA) - The gold prices on Monday witnessed relative stability in the Yemeni markets, days after recording significant rise. The last update of prices of gold in financial transactions in the goldsmith shops in the capital…

SANAA, Aug. 17 (YPA) – The Yemeni riyal exchange rate on Monday recorded a light decline against foreign currencies to reach 605 riyals per dollar. Meanwhile, the exchange rate of the Yemeni riyal recorded a relative stability days after…

SANAA, Aug. 15 (YPA) – The Yemeni riyal exchange rate on Saturday continued to decline against foreign currency in the southern provinces, recording 789 riyals per dollar in Aden, and 774 riyals in Hadramout province. Meanwhile, the…

SANAA, Aug. 13 (YPA) – The Yemeni riyal exchange rate on Thursday recorded significant decline in the southern provinces, influenced by the return of tension between the armed coalition factions in Abyan province, to reach 793 riyals per…

RIYADH, Aug. 13 (YPA) - Aramco, the state-owned Saudi oil giant is planning to cut its capital spending (money used to acquire assets, development and maintenance) to between $ 20 and $ 25 billion this year in order to pay dividends of $ 75…