• Category: Economy
Yemeni riyal breaks all-time low of 1,770 against dollar

Yemeni riyal breaks all-time low of 1,770 against dollar

The Yemeni riyal fell to an all-time low of 1,770 against the dollar on Monday in Yemeni-government-controlled districts, a drop likely to drive up…

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Yemen : Central Bank Tightens Grip on Foreign Transfers

Yemen : Central Bank Tightens Grip on Foreign Transfers

Yemen’s Central Bank, based in Aden, the interim capital, has tightened its grip on foreign money transfers, requiring all transactions to go…

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Yemen : Banks Ordered To Move Headquarters From Houthi-Controlled Capital

Yemen : Banks Ordered To Move Headquarters From Houthi-Controlled Capital

The Central Bank of Yemen (CBY), yesterday, gave all banks operating in the country a 60-day deadline, to move their headquarters from the Houthi-c…

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New Houthi-minted currency increases economic divide in Yemen

New Houthi-minted currency increases economic divide in Yemen

Yemen’s Houthi militia has issued a new 100-riyal coin for the first time in nearly a decade, a move that sparked the ire of the Aden-based c…

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"After strikes in Yemen" ... oil prices increased more than 2%

"After strikes in Yemen" ... oil prices increased more than 2%

Oil prices rose by more than 2% today , as the United States and Britain launched strikes against Houthi military targets in Yemen, in response to…

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Oil prices rise more than 2% after US, Britain strikes in Yemen

Oil prices rise more than 2% after US, Britain strikes in Yemen

Oil prices rose more than 2% on Friday as the United States and Britain carried out strikes against Houthi military targets in Yemen in retaliation…

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Yemeni riyal hits a new low of 1,500 against dollar

Yemeni riyal hits a new low of 1,500 against dollar

The Yemeni riyal fell to a new low of 1,540 against the dollar in Yemeni government-controlled territories on Saturday, bringing it closer to its a…

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World Bank Approves $150 Mn for Better Health, Nutrition in Yemen

World Bank Approves $150 Mn for Better Health, Nutrition in Yemen

The World Bank's Board of Executive Directors has approved an International Development Association (IDA) grant amounting to $150 million as a Seco…

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Japan grants $3m aid to Yemen to help repair Aden’s roads

Japan grants $3m aid to Yemen to help repair Aden’s roads

Japan has granted $3 million in aid to Yemen to help repair damage to Aden’s roads. Marino Ishibashi, charge d’affaires ad inte…

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Houthi rebels block Indian and Singapore LPG carriers from loading gas in Yemen

Houthi rebels block Indian and Singapore LPG carriers from loading gas in Yemen

Yemen’s rebel Houthi group has succeeded in turning away two LPG carriers aiming to load gas sold by the government. Security company…

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Deal to support local markets in Yemen signed

Deal to support local markets in Yemen signed

The…

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Yemen’s Energy Market: Balancing Domestic Needs and Export Opportunities

Yemen’s Energy Market: Balancing Domestic Needs and Export Opportunities

Yemen’s energy market is at a critical juncture, as the country seeks to balance its domestic energy needs with the potential for lucrative e…

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Violence erupts in Yemen as riyal hits new record low

Violence erupts in Yemen as riyal hits new record low

Protests erupted in many Yemeni cities controlled by the internationally recognized government on Wednesday, as the Yemeni riyal fell to a new low.…

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UAE supports development and rehabilitation projects in Yemen with $325 million

UAE supports development and rehabilitation projects in Yemen with $325 million

Aden- Abu Dhabi Fund for Development signed today an agreement with the Ministry of Agriculture, Irrigation and Fisheries in Aden Governorate, to f…

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Art helps Yemeni children heal and learn

Art helps Yemeni children heal and learn

Yemen is enduring one of the world’s worst humanitarian crises, with millions of people displaced, vulnerable, and struggling with hunger and…

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UN - Rapid Response Mechanism: Post-distribution Monitoring Report

UN - Rapid Response Mechanism: Post-distribution Monitoring Report

Executive Summary This Post Distribution Monitoring (PDM) report presents the findings of the PDM for the Rapid Response…

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Saudi-backed employment program ends with 687 graduating in Yemen

Saudi-backed employment program ends with 687 graduating in Yemen

Some 687 young men and women have graduated from the Building the Future for Yemeni Youth scheme in Aden, which was funded by the Saudi Development…

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Displaced Yemenis struggle in cold winter amid endless civil war

Displaced Yemenis struggle in cold winter amid endless civil war

With the temperatures plummeting in Yemen, thousands of internally displaced families are struggling to survive another harsh winter in the devasta…

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Yemen Key Message Update: Food prices remain generally high and stable despite declining fuel prices in November, November 2022

Yemen Key Message Update: Food prices remain generally high and stable despite declining fuel prices in November, November 2022

Key Messages Despite a relative seasonal improvement in food and income from cereal and citrus production, millions of h…

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ICRC: 60 Years of Unbiased Humanitarian Aid in Yemen

ICRC: 60 Years of Unbiased Humanitarian Aid in Yemen

The International Committee of the Red Cross (ICRC) is marking its 60-year anniversary in Yemen and remains committed to engaging constructively wi…

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