Economy

New US$140 Million Support for Ongoing Emergency Cash Transfers in Yemen

Sat, 12/15/2018 - 22:42

The World Bank announced a new US$140 million grant to maintain the delivery of emergency cash transfers to 1.5 million poor and most vulnerable Yemeni households, covering a total of 9 million ind

Yemen Needs Additional Economic Assistance To Stabilize Country Beyond 2019 - IMF

Fri, 12/14/2018 - 22:15

Yemen will need economic stabilization assistance beyond next year in addition to the near-term stopgap measures currently in place, the International Monetary Fund (IMF) said in a press release fo

What's in store for the Yemeni rial?

Tue, 12/11/2018 - 21:15

The vital recovery of the Yemeni rial over the last few weeks signals an optimistic change.

Arab coalition pumps in over Dh51 billion aid into Yemen in three years

Sun, 08/05/2018 - 02:45

The UAE and Saudi-led Arab coalition has pumped in $14 billion (Dh51.4 billion) in the last three years to support Yemeni people and is deploying several more aid shipments with strong focus on hea

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

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