Ambassador of Yemen in Pakistan Muhammad Motahar Alashabi has said that Yemen and Pakistan has long lasting brotherly relations and bilateral trade…
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Exchange companies in the government-controlled areas have suspended trading in the dollar and the other foreign currencies after the Yemeni riyal…
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Private universities in Yemen are charging tuition in dollars and creating their own currency exchange rates, squeezing many students out of educat…
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A major Yemeni bank on Sunday reopened branches across the country, days after shuttering its operations in the wake of a raid by the Houthis on th…
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Yemen, a country bordering both Saudi Arabia and Oman is facing increased hardships with its resource distribution. Undergoing a devastating period…
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Yemen’s currency has tumbled to a record low against the US dollar despite fresh measures by the country’s central bank to bring the chaotic exchan…
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The World Bank (WB) has heeded Yemeni government calls on standardizing financial aid channels through the Aden-based Central Bank of Yemen, offici…
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Yemen’s Minister of Planning and International Cooperation has revealed that the value of the country’s currency has declined by 180 per cent over…
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The World Bank announced in a report that the Houthis’ ban on the circulation of new banknotes in its areas of control has caused serious repercuss…
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The International Organization for Migration (IOM) has launched a “cash for work" program in the Yemeni governorate of Seiyun, Saudi Press Agency r…
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The European Union and the United Nations Development Program (UNDP) yesterday signed an agreement aimed at improving the economic and social wellb…
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The European Union (EU) and United Nations Development Programme in Yemen (UNDP) have signed a partnership agreement aimed at improving the economi…
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The Yemeni Minister of Information, Muammar Al-Iryani, accused the rival Houthis of disrupting the government’s arrangements to pay the salaries of…
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A senior source in the Yemeni Ministry of Defence has accused the Ministry of Finance and the Central Bank of Yemen of obstructing the payment of a…
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The depreciation of the Yemeni currency has caused more damage to Yemenis than the raging conflict in the country, economists and locals have said.…
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The Yemeni Houthis have sacked the director of the Cooperative and Agricultural Credit Bank (CACC) amid accusations from the internationally recogn…
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Cash transfers from Yemenis abroad to their country have declined by 80 per cent in the first four months of 2020, Oxfam announced on Thursday.…
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A fuel shortage is blighting life in the swathes of Yemen controlled by Houthi rebels, cutting electricity supplies, halting water pumps and strand…
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Fears of mass rising levels of hunger in Yemen, fuelled by a deepening currency collapse and massive donor funding shortfalls, have prompted Islami…
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The recognized government of Yemen and an array of civil society groups are adding their voices to the call to salvage and remove the FSO Safer, a…
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