Economy | YemenOnline
Yemen currency devalues to historic lows, exacerbating hunger needs, warns IRC
THU, 07/22/2021 - 14:18
The International Rescue Committee is concerned about the rapidly growing level of humanitarian needs in Yemen, as the exchange rate falls to 1,000 YER per 1 USD in the south of the country for the
Record currency crash poses new dilemma for war-torn Yemen
WED, 07/14/2021 - 12:24
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 famine.
Yemen's currency sinks to historic lows, worsening famine risk
TUE, 07/13/2021 - 14:31
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 famine.
Saudi Arabia delivers diesel supplies for Yemen’s Mahra power stations
SUN, 07/04/2021 - 11:03
Saudi Arabia has delivered diesel supplies in Mahra governorate of Yemen, which will be used to fuel power stations there.
Saudi donates $60 mln to stave off Yemen famine
FRI, 07/02/2021 - 10:15
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, the WFP said in a statement.
World Bank gives $150 mln to Yemen projects amid aid shortfall
THU, 07/01/2021 - 13:14
The World Bank will give Yemen $150 million in grants for health, nutrition and sanitation projects, helping address a funding shortfall facing the war-torn country.
Houthis order assets of private bank in Yemen to be frozen
WED, 06/30/2021 - 14:45
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 day after members of the group stormed a mansion in
Islamic Development Bank Resumes Financing of 3 Strategic Projects In Yemen
THU, 06/24/2021 - 15:56
A Yemeni government official said that the Islamic Development Bank Group agreed to resume financing three strategic and vital projects in the south of the country, in the areas of agriculture, wat
Second batch of Saudi oil derivatives grant arrives to Yemen’s Hadramout province
THU, 06/24/2021 - 14:53
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) reported on Wednesday.
Yemen’s Government Permits Access to Oil Tankers in Hodeidah
WED, 06/02/2021 - 12:35
Yemen’s internationally recognized government on Tuesday said it allowed oil tankers in the western Houthi-held seaport of Hodeidah, with a severe shortage of fuel worsening the humanitarian crisis
Land of Sheba
Land of Sheba