Economy

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

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.

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