Yemen's internationally-recognized government announced on Tuesday that all commercial transactions within areas under its control must be conducte…
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Aden – The United States has reiterated its full support for the independence of the Central Bank of Yemen, praising recent efforts that led…
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Aden — Hayel Saeed Anam Group, one of Yemen’s largest and most influential conglomerates, has officially adopted reduced price lists fo…
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Yemen’s national currency experienced a notable recovery on Saturday, climbing to 1,800 rials per U.S. dollar in areas under government contr…
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Aden — The Yemeni rial recorded a notable surge against the US dollar for the third consecutive day, reversing months of steep decline that h…
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The Central Bank of Yemen has issued an official memorandum suspending the licenses of 10 exchange companies and establishments found to be in viol…
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Sana’a – According to statements by Yemeni government officials, the Houthi group earns an estimated $2.5 to $3 billion annually throug…
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Brussels – The European Union has announced a €9 million funding package aimed at preventing famine in Yemen, as part of its broader hum…
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Sana'a ــ Houthi-controlled Central Bank in Sana’a announced the release of a new 200-rial banknote, marking a significant development in Yem…
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Sana’a – Houthi Rebels has appointed senior figure Raed Al-Sha’er as judicial guardian over the Yemen Gulf Bank, one of the large…
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Aden — Yemeni rial has plummeted to a record low of 2,760 per U.S. dollar, marking the steepest collapse in the currency’s value since…
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The ripple effects of the escalating conflict between Iran and Israel are being felt in Yemen’s fragile economy. The already-depreciated Yeme…
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As Eid al-Adha approaches, millions of Yemenis are being forced to choose between religious tradition and economic survival, with soaring livestock…
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Sana’a – Yemen's oil sector has incurred over $7.5 billion in losses since October 2022 as a result of Houthi attacks targeting ports a…
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Several Yemeni banks headquartered in the capital city of Sanaa have decided to relocate their operations to the temporary capital, Aden, to avoid…
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March 12, 2025 -- The Houthi militia has taken control of the garlic trade in Yemen, leading to a significant increase in prices. Over the past two…
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The depreciation of the Yemeni currency leads to rising prices and hardship for citizens amid persistent conflict.The Yemeni rial has seen dram…
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Egyptian Minister of Petroleum Karim Badawy said the sector of petroleum and Egyptian mineral wealth is ready to present all forms of support to Ye…
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Yemen’s Minister of Finance, Salem bin Breik, announced today that the Yemeni government is set to sign a significant debt rescheduling agree…
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The Yemenieconomy is suffering from unprecedented challenges, a budget deficit and a severe shortage of foreign currency as a result of the continu…
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