Economy

Cash crisis exposes rift within Saudi-led coalition in Yemen

Mon, 08/14/2017 - 20:50

Yemen's Central Bank says the Saudi-led coalition is "strangling" the economy by preventing planes from flying in newly-minted cash, reflecting a struggle between the government and the United Arab

EU announces €116 million for Yemen

Tue, 04/25/2017 - 18:03

The European Commission announced today at the United Nations in Geneva its intention to release further support of €116 million for those in need in Yemen.

Geneva aid summit looking to pull Yemen from famine

Tue, 04/25/2017 - 16:21

Photo: Yemeni official delegation 

U.N. Urges Yemen Parties to Keep Hodeidah Port Safe

Wed, 04/05/2017 - 14:18

The United Nations called on Yemen's warring parties on Wednesday to safeguard the strategic Red Sea port of Hodeidah as a lifeline for millions of Yemenis facing potential famine.

Court orders Total and G4S to pay millions to Yemeni workers

Sat, 04/01/2017 - 19:39

A Yemeni labour court has ordered France’s Total and Britain’s G4S to pay millions of riyals ($1=330 riyal) in back pay and compensation to security guards who accused the two firms of abandoning t

Yemeni Oil Reserves Under Dispute As Civil War Rages On

Fri, 03/03/2017 - 03:05

A Yemeni economic expert from the region contends that French Total’s operations in the Kharkhir region amount to stealing on behalf of Saudi Arabia and ousted president Mansour Hadi – who, as the

Yemenis' bank accounts cancelled in Germany

Fri, 02/24/2017 - 19:04

It’s hard to imagine life without a bank account. In Germany, it’s a universal right. But many Yemenis living here have now had their accounts terminated - even that of the Ambassador.

Currency rout pushes Yemen to brink of starvation

Fri, 02/24/2017 - 18:25

CAIRO: Anwar Abdullah goes to work every day but he hasn’t been paid in five months.

Yemen Tries To Win International Oil Firms Back

Fri, 01/13/2017 - 15:29

There have been ‘positive indicators’ that international oil companies could resume activities and investments in Yemen, news outlet The New Arab reports, quoting a representative of the country’s

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