Sana’a – Houthi Rebels has appointed senior figure Raed Al-Sha’er as judicial guardian over the Yemen Gulf Bank, one of the large…
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Aden — Yemeni rial has plummeted to a record low of 2,760 per U.S. dollar, marking the steepest collapse in the currency’s value since…
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The ripple effects of the escalating conflict between Iran and Israel are being felt in Yemen’s fragile economy. The already-depreciated Yeme…
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As Eid al-Adha approaches, millions of Yemenis are being forced to choose between religious tradition and economic survival, with soaring livestock…
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Sana’a – Yemen's oil sector has incurred over $7.5 billion in losses since October 2022 as a result of Houthi attacks targeting ports a…
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Several Yemeni banks headquartered in the capital city of Sanaa have decided to relocate their operations to the temporary capital, Aden, to avoid…
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March 12, 2025 -- The Houthi militia has taken control of the garlic trade in Yemen, leading to a significant increase in prices. Over the past two…
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The depreciation of the Yemeni currency leads to rising prices and hardship for citizens amid persistent conflict.The Yemeni rial has seen dram…
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Egyptian Minister of Petroleum Karim Badawy said the sector of petroleum and Egyptian mineral wealth is ready to present all forms of support to Ye…
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Yemen’s Minister of Finance, Salem bin Breik, announced today that the Yemeni government is set to sign a significant debt rescheduling agree…
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The Yemenieconomy is suffering from unprecedented challenges, a budget deficit and a severe shortage of foreign currency as a result of the continu…
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The IPO based in Sanaa, Yemen has introduced a major update to its trade mark application policy, as outlined in Ministerial Decision No. 52/2024.…
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Houthi militia continues to impose restrictions on Yemen's commercial sector, recently increasing customs duties on certain goods in areas under th…
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Danish shipping giant Maersk posted Wednesday a 45-percent fall in net profit in the second quarter, as supply chain disruptions due to the Red Sea…
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The Houthi rebels' lifeline to the global Swift banking system has been restored after the internationally recognised Yemeni government reversed sa…
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The Yemeni riyal fell to an all-time low of 1,770 against the dollar on Monday in Yemeni-government-controlled districts, a drop likely to drive up…
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Yemen’s Central Bank, based in Aden, the interim capital, has tightened its grip on foreign money transfers, requiring all transactions to go…
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The Central Bank of Yemen (CBY), yesterday, gave all banks operating in the country a 60-day deadline, to move their headquarters from the Houthi-c…
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Yemen’s Houthi militia has issued a new 100-riyal coin for the first time in nearly a decade, a move that sparked the ire of the Aden-based c…
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Oil prices rose by more than 2% today , as the United States and Britain launched strikes against Houthi military targets in Yemen, in response to…
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