IMF Warns Yemen on Brink of Economic Collapse as Public Debt Surpasses 100% of GDP
Aden ــ Yemen is facing an imminent economic collapse, with public debt now exceeding 100% of the country’s gross domestic product (GDP), acc…
DetailsAden ــ Yemen is facing an imminent economic collapse, with public debt now exceeding 100% of the country’s gross domestic product (GDP), acc…
DetailsAden — A major shipment of 7,000 tons of wheat flour departed from Port Tawfiq, one of Egypt’s key Red Sea ports, bound for Yemen, wher…
DetailsDubai – Yemeni government officials have entered into formal discussions with the International Monetary Fund (IMF) to outline a comprehensiv…
DetailsSaudi Arabia will provide 1.38 billion riyals ($368 million) in economic support to Yemen, the Kingdom’s foreign ministry said in a statement…
DetailsAden - Queen Bilqis Airlines, has officially resumed operations after a prolonged suspension, announcing a strategic partnership with Egypt’s…
DetailsADEN — Balqis Airlines has officially announced the resumption of its direct flights between Aden and Cairo, beginning September 11, 2025, ma…
DetailsAden – The Yemeni rial has witnessed a dramatic rebound in value across government-held areas, marking its strongest performance in over a ye…
DetailsSANA’A — The private sector in Houthi-controlled areas is reeling under the weight of escalating illegal levies and arbitrary financial…
DetailsAden,— Yemenia Airways has officially begun selling airline tickets in the Yemeni rial, marking a significant shift in its payment policy aim…
DetailsYemen's internationally-recognized government announced on Tuesday that all commercial transactions within areas under its control must be conducte…
DetailsAden – The United States has reiterated its full support for the independence of the Central Bank of Yemen, praising recent efforts that led…
DetailsAden — Hayel Saeed Anam Group, one of Yemen’s largest and most influential conglomerates, has officially adopted reduced price lists fo…
DetailsYemen’s national currency experienced a notable recovery on Saturday, climbing to 1,800 rials per U.S. dollar in areas under government contr…
DetailsAden — The Yemeni rial recorded a notable surge against the US dollar for the third consecutive day, reversing months of steep decline that h…
DetailsThe Central Bank of Yemen has issued an official memorandum suspending the licenses of 10 exchange companies and establishments found to be in viol…
DetailsSana’a – According to statements by Yemeni government officials, the Houthi group earns an estimated $2.5 to $3 billion annually throug…
DetailsBrussels – The European Union has announced a €9 million funding package aimed at preventing famine in Yemen, as part of its broader hum…
DetailsSana'a ــ Houthi-controlled Central Bank in Sana’a announced the release of a new 200-rial banknote, marking a significant development in Yem…
DetailsSana’a – Houthi Rebels has appointed senior figure Raed Al-Sha’er as judicial guardian over the Yemen Gulf Bank, one of the large…
DetailsAden — 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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