ADEN: A commercial ship docked Friday in Yemen's Aden, a port official said, the first vessel of its kind to reach the city since it was overrun by anti-government rebels in March.
As the humanitarian crisis in Yemen escalates, the European Commission has increased its aid to the country by €12 million.
The strife in Yemen has opened up an opportunity for the Port of Salalah to act as a ‘gateway port’, bringing in additional sources of revenue.
ADEN - Houthi forces fired mortar rounds at an oil refinery in the southern Yemeni city of Aden on Monday, starting a huge fire, witnesses and local officials said.
Yemen's Houthi fighters fired missiles at storage tanks at an Aden refinery on Saturday, starting a large fire, and 14 people were killed in clashes between the Houthis and Saudi-led forces near th
Photo: Yemeni children are terrified from the bombing
The World Bank has suspended its operations in Yemen this week, which adds to blows to the country's economy which has been faltering due to persistent political instability.
The deteriorating situation in Yemen with regard to the lack of political and economic stability have driven downward the value of the Yemeni riyal against the dollar and other key currencies.
Yemen's dominant Shi'ite Muslim Houthi militia seized the offices of a political conciliation body late on Wednesday, hours after the president refused U.N.-brokered talks with their powerful movem
Fears of economic collapse are causing Yemeni citizens to withdraw their US dollar savings from banks and keep the dollars at home. Yemen is facing economic collapse for several reasons: