Economy

UAE Supports Energy Sector In Hadramaut, Yemen

Mon, 01/21/2019 - 23:36

The Emirates Red Crescent, ERC, today delivered an electric generator to Thamud Directorate in Hadramaut, Yemen, to support the energy sector and solve the power outage crisis for residents.

ISDB, ICD, AND SMEPT COLLABORATE ON SUPPORT FOR SMES IN YEMEN

Mon, 01/21/2019 - 23:28

The Islamic Development Bank, ICD and SMEPT held a signing ceremony of the implementation agreements for the scale up of BRAVE Program in Yemen.

QRCS builds 290 shelters for homeless families in Yemen

Fri, 01/18/2019 - 23:28

Qatar Red Crescent Society’s (QRCS) mission in Yemen has completed a project to help the families affected by severe floods in Al-Hudaydah.

Houthis ‘waging economic war’, Yemen government says

Thu, 01/17/2019 - 23:04

The Yemeni government said yesterday that the Houthis are “waging economic war”, noting that the country had lost $100 billion as a result of the civil war.

UN injects US$32m into Yemen anti-starvation campaign

Sun, 01/13/2019 - 23:21

The United Nations has stepped up its battle against starvation in Yemen with a UJS$32 million transfer of funds from its Central Emergency Response Fund (CERF) to the humanitarian relief effort in

Yemeni villages receive 100 tonnes of food from ERC.

Mon, 12/31/2018 - 23:25

People of 25 villages located across Yemen’s Red Sea coast benefited from 100 tonnes of food supplies distributed recently by the Emirates Red Crescent (ERC).

A bank divided: Yemen's financial crisis hits food imports.

Thu, 12/20/2018 - 20:13

Saudi Arabia agreed in July to lend $2 billion to the central bank office located in the southern port of Aden, the seat of the Riyadh-backed government, to help finance imports of basic goods.

Yemen's other war frontline: The central bank.

Tue, 12/18/2018 - 19:38

Cashiers sort through large stacks of money inside a ragged building that is Yemen's central bank, another frontline in a ruinous conflict as it fights to stave off economic collapse.

Coalition issues 157 permits for convoys entering Yemen within three days.

Mon, 12/17/2018 - 23:48

The Arab coalition supporting legitimacy in Yemen said on Sunday that 157 air and land permits were issued to convoys headed to Yemen within the past three days.

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