Economy

Unknown assailants attack Gas tanker near key shipping lane off Yemen

Thu, 10/27/2016 - 06:12

Unknown assailants attacked a gas tanker off the coast of Yemen close to the Bab al-Mandab waterway in the latest flare up in an area through which much of the world's oil passes, shipping and secu

Oil Major Backs Away from Yemen, Citing Security Concerns

Fri, 10/21/2016 - 02:17

Austrian energy major OMV said it has no plans to restart oil production in Yemen, despite a three-day ceasefire in the country.

Alternative Solutions to Yemen’s Occupied Central Bank' GCC Official

Sat, 09/03/2016 - 02:41

Riyadh – Optimism surrounded the preparatory workshop on Yemen’s Post-Conflict Recovery and Reconstruction which concluded its two-day session in Riyadh on Tuesday.

Yemen reconstruction ‘will cost $15 bln’

Sat, 09/03/2016 - 02:37

Reconstruction of war-torn Yemen could cost $15 billion, a cabinet minister said on Tuesday, citing a multilateral institution.

UAE sends aid to Yemen’s Socotra Islands

Wed, 06/08/2016 - 21:37

ABU DHABI // The UAE is sending 12 planeloads carrying 400 tonnes of Ramadan food supplies to Yemen’s Socotra Island to help Yemenis.

Yemen forces secure strategic port in Aden

Mon, 01/04/2016 - 15:53

Yemen’s internationally recognised government has declared a nighttime curfew, starting Monday, in the key southern port city of Aden in a bid to push back against recent incursions by Al Qaida and

Yemen cabinet to boost economy in liberated governorates

Mon, 01/04/2016 - 15:32

Photo: Yemeni president Abdurabo Mansor Hadi

Gulf rulers promise international meet to rebuild Yemen

Sun, 12/13/2015 - 11:41

Gulf monarchs on Thursday pledged a global conference on the reconstruction of Yemen, which a Saudi-led coalition has been bombing for eight months to help the government fight rebels.

KSA shelters 1 million Yemeni refugees

Mon, 11/30/2015 - 15:48

Yemeni Foreign Minister Riad Yassin recently warned that Yemen may be on the brink of social collapse after recent insurgency acts, a local newspaper reported.

UAE pledges to restore electricity in Aden and other southern Yemeni provinces

Thu, 11/05/2015 - 22:39

Abu Dhabi: As part of its humanitarian aid efforts in Yemen, the Emirates Red Crescent (ERC) distributed 2,000 boxes of food to Yemenis facing starvation in Al Houta.

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