Oil and gas reserves and facilities in Yemen’s main oil and gas hub are “in danger,” according to the governor of the Ma’rib province, as the Houthi movement continues its attempts to advance on th
Yemen will need 12 years and 10 months to be able to spend the rest of pledges made in Riyadh and New York Donors' Conferences, said the Executive Bureau to Accelerate Absorption of Donors' Pledges
CALGARY—The Canadian unit of China National Offshore Oil Corp., or Cnooc, said Sunday it has halted oil production in Yemen due to an unspecified “security threat” to its personnel in the Arabian c
Al-Qaeda militants have declared that buildings belonging to French energy producer Total in Yemen are "legitimate targets" for their operations.
WASHINGTON, (Saba) - Yemen and the World Bank (WB) have signed at the WB Group headquarters in Washington a draft urgent grant worth $ 90 million for Yemen.
Yemen’s Houthi movement seized control of key government institutions in Sana’a on Wednesday, including the Central Bank and the Department of Civil Status and Civil Registration, directing a new b
Yemen's gross foreign currency reserves slipped to $4.9 billion in October, the lowest level since June, as oil exports fell, exposing the country's fragile public finances, central bank data showe
(Reuters) - Saudi Arabia has not asked
The Saudi ambassador in Sanaa, Mohammed Saeed Al-Jaber, revealed on Monday that his country will provide food aid worth $54 million to Yemen to support nearly 45,000 Yemeni families, the official Y
Saudi Arabia is considering stopping financial support to Yemen, a move that could tip the country further towards economic collapse, Yemeni, Saudi and Western officials have said.