• Category: Land of Sheba
13 people killed in two road accidents in Yemen

13 people killed in two road accidents in Yemen

At least 13 people died in road accidents in two Yemeni provinces this week, the latest in a series of crashes that have claimed the lives of dozen…

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Yemen Plans $130 Million Port, Road in Mahra to Move Minerals

Yemen Plans $130 Million Port, Road in Mahra to Move Minerals

Yemen plans to start building a port in the Qishn area of the eastern Mahra region at a cost of $130 million in two months, Deputy Transport Minist…

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First Batch of New Saudi Oil to Yemen Arrives in Aden

First Batch of New Saudi Oil to Yemen Arrives in Aden

The first batch of the Saudi oil derivatives grant, worth $200 million, arrived in Aden on Wednesday. The grant comes as an extension of Saudi Arab…

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Houthi militia trying to mislead Yemeni people over public servant retirees’ salary payments

Houthi militia trying to mislead Yemeni people over public servant retirees’ salary payments

The Iran-backed Houthi militia is trying to mislead Yemenis about payments of public servant retirees’ salaries, despite their decision to suspend…

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Yemen's economy grow by 2% in 2022

Yemen's economy grow by 2% in 2022

Yemeni Prime Minister Maeen Abdul Malik announced, on Wednesday, that his country's economy will grow by 2 percent during 2022. This came…

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US , Yemen agrees to postpone outstanding financial debts

US , Yemen agrees to postpone outstanding financial debts

The Yemeni government has signed, with the American side, an agreement that includes postponing debt interests for financial loans incurred by Yeme…

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Fuel crisis in Sanaa for the first time since the armistice took effect , Residents says

Fuel crisis in Sanaa for the first time since the armistice took effect , Residents says

Residents in the Yemeni capital, Sanaa, said a stifling fuel crisis began on Saturday, for the first time since a United Nations-sponsored truce to…

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Yemeni farmers struggle to preserve local production amid rising imports

Yemeni farmers struggle to preserve local production amid rising imports

Yemen has been known as the Land of the Two Gardens, famous for the cultivation of various kinds of grapes for raisins.  But Yemeni…

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Two more gas ships allowed into Yemen’s Hodeidah port

Two more gas ships allowed into Yemen’s Hodeidah port

Two more ships carrying diesel were allowed to enter Yemen’s blockaded Red Sea port of Hodeidah as part of the ongoing truce between the country’s…

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Yemen: $33 million pledged to address decaying oil tanker threat

Yemen: $33 million pledged to address decaying oil tanker threat

Donors on Wednesday pledged $33 million towards a UN-coordinated plan to prevent an ageing oil tanker moored off the west Coast of Yemen from spark…

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Commodity Prices Increased by 560% in Yemen due to Houthi Practices

Commodity Prices Increased by 560% in Yemen due to Houthi Practices

The prices of basic commodities in Yemen increased by up to 85 percent during this year compared to what they were in the previous year, while the…

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World Bank Earmarks Additional Aid For Yemen’s Food Security

World Bank Earmarks Additional Aid For Yemen’s Food Security

The World Bank Group’s Board of Executive Directors endorsed a new two-year Country Engagement Note (CEN) for Yemen aimed at preserving institution…

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UN releases $100 million to fight hunger in 6 African countries and Yemen

UN releases $100 million to fight hunger in 6 African countries and Yemen

The contribution from the Central Emergency Response Fund (CERF), announced on Thursday, will go towards relief projects in six African countries a…

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Houthis Hike Fuel Prices in Spite of Shipments from Hodeidah

Houthis Hike Fuel Prices in Spite of Shipments from Hodeidah

Yemenis living under Houthi rule were hopeful that the oil crisis created by the Iran-backed militias would come to an end with the legitimate gove…

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Yemeni riyal rebounds as Houthis accused of violating truce

Yemeni riyal rebounds as Houthis accused of violating truce

The Yemeni riyal on Sunday rebounded by about 13 percent on news about the UN-brokered truce and talks between rival forces in the Saudi capital.…

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MTN to take hits from Yemen and Syria exit

MTN to take hits from Yemen and Syria exit

Losses suffered by MTN as a result of the Yemen and Syria exit contributed to the earnings per share dip of between 15% and 25% in the 2021 financi…

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Thousands of Yemenis cut off from pension payments earned in Britain

Thousands of Yemenis cut off from pension payments earned in Britain

Thousands of Yemeni men who left their families to work in Britain in the 1950s and 1960s are fighting to have their pensions reinstated after they…

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Canada's Calvalley says it suspended oil operations in Yemen's Hadramout

Canada's Calvalley says it suspended oil operations in Yemen's Hadramout

Canada's Calvalley Petroleum has suspended its operations and exploration in Yemen's Hadramout province due to deteriorating security conditions af…

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Yemen chooses new Central Bank governor amid economic crisis

Yemen chooses new Central Bank governor amid economic crisis

Yemen's President Abdrabu Mansur Hadi has reshuffled the administrative board of his country's Central Bank and appointed a new governor.…

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Yemen’s currency sees sharp decline as years-long conflict drags on

Yemen’s currency sees sharp decline as years-long conflict drags on

Yemen’s national currency on Sunday fell to its lowest level against all other international currencies in years on Sunday, as the war-torn country…

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