• Category: Land of Sheba
Yemen's currency sinks to historic lows, worsening famine risk

Yemen's currency sinks to historic lows, worsening famine risk

Yemen's currency, the riyal, has sunk to historic lows in recent days, in a new threat to the war-torn country which is already on the brink of fam…

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Saudi Arabia delivers diesel supplies for Yemen’s Mahra power stations

Saudi Arabia delivers diesel supplies for Yemen’s Mahra power stations

Saudi Arabia has delivered diesel supplies in Mahra governorate of Yemen, which will be used to fuel power stations there. The fuel deliv…

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Saudi donates $60 mln to stave off Yemen famine

Saudi donates $60 mln to stave off Yemen famine

Five million people in Yemen are "just a step away from famine", as the conflict is aggravated by economic decline and the impact of the pandemic,…

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World Bank gives $150 mln to Yemen projects amid aid shortfall

World Bank gives $150 mln to Yemen projects amid aid shortfall

The World Bank will give Yemen $150 million in grants for health, nutrition and sanitation projects, helping address a funding shortfall facing the…

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Houthis order assets of private bank in Yemen to be frozen

Houthis order assets of private bank in Yemen to be frozen

The Iran-backed Houthi militias on Monday ordered local financial institutions to freeze the funds and assets of a major private bank in Yemen, a d…

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Islamic Development Bank Resumes Financing of 3 Strategic Projects In Yemen

Islamic Development Bank Resumes Financing of 3 Strategic Projects In Yemen

A Yemeni government official said that the Islamic Development Bank Group agreed to resume financing three strategic and vital projects in the sout…

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Second batch of Saudi oil derivatives grant arrives to Yemen’s Hadramout province

Second batch of Saudi oil derivatives grant arrives to Yemen’s Hadramout province

The second batch of the Saudi oil derivatives grant provided to Yemen has arrived at the port of Mukalla in Hadramout, Saudi Press Agency (SPA) rep…

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Yemen’s Government Permits Access to Oil Tankers in Hodeidah

Yemen’s Government Permits Access to Oil Tankers in Hodeidah

Yemen’s internationally recognized government on Tuesday said it allowed oil tankers in the western Houthi-held seaport of Hodeidah, with a severe…

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Yemeni riyal in free fall again amid political deadlock

Yemeni riyal in free fall again amid political deadlock

Yemen’s riyal hit a new record low on the weekend amid deadlocked diplomatic efforts to end the war and rising tensions between the Yemeni governme…

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Yemen PM allocates $7.9 million to fix damage caused by floods disaster

Yemen PM allocates $7.9 million to fix damage caused by floods disaster

Yemen’s Prime Minister Maeen Abdelmalik Saeed has directed $7.9 million be approved urgently for the damage caused by the flood disaster in the Tar…

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Yemen Socio-Economic Update, Issue 56 - January 2021

Yemen Socio-Economic Update, Issue 56 - January 2021

Editorial Publishing this issue of the YSEU coincides with the start of a new calendar year 2021, and ushering in a year…

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Yemen Oil and Gas Market SWOT Analysis 2021, by Company, Regions, Type and Application, Forecast to 2026

Yemen Oil and Gas Market SWOT Analysis 2021, by Company, Regions, Type and Application, Forecast to 2026

The Yemen Oil and Gas market study is a compilation of the important data associated with each and every matter of the Yemen Oil and Gas market. Th…

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Saudi Humanitarian Aid to Yemen Tops $17 Billion

Saudi Humanitarian Aid to Yemen Tops $17 Billion

Saudi Arabia’s humanitarian aid to Yemen has topped $17.3 billion, including $3.5 billion offered by the King Salman Humanitarian Aid and Relief Ce…

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Houthi Militias Invent Fuel Crisis to Double Profits Funding Their Yemen War Effort

Houthi Militias Invent Fuel Crisis to Double Profits Funding Their Yemen War Effort

The internationally recognized Yemeni government has renewed its accusations of economic sabotage against the Iran-backed Houthis militias, who hav…

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Yemen minister in talks with World Bank on Aden recovery plan

Yemen minister in talks with World Bank on Aden recovery plan

Yemen’s Minister of Planning and International Cooperation, Waid Batheeb, discussed on Wednesday a recovery plan for the interim capital Aden with…

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Saudi Arabia to give Yemeni government $422 million worth of fuel

Saudi Arabia to give Yemeni government $422 million worth of fuel

Saudi Arabia will grant $422 million worth of petroleum products to Yemen’s internationally recognised government for power stations and to support…

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UN experts withdraw corruption claims against Yemen central bank

UN experts withdraw corruption claims against Yemen central bank

A UN panel has retracted money laundering and corruption claims against Yemen’s central bank, according to a government official. In Janu…

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Saudi-led coalition clears four fuel ships to dock at Yemen's Hodeidah port: Sources

Saudi-led coalition clears four fuel ships to dock at Yemen's Hodeidah port: Sources

The Saudi-led coalition has cleared four fuel ships to dock at Yemen's Red Sea port of Hodeidah, two sources familiar with the matter said, after Y…

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UN launches 3.85-bln-USD humanitarian plan for Yemen

UN launches 3.85-bln-USD humanitarian plan for Yemen

The United Nations and its partners have launched the 2021 humanitarian response plan for Yemen that seeks 3.85 billion U.S. dollars for urgent, life-…

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UK foreign aid: Yemen cut condemned by charities

UK foreign aid: Yemen cut condemned by charities

More than 100 UK charities have condemned the government's decision to cut aid to Yemen, following cross-party criticism. At least £87 mi…

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