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Financials and Investment News in Yemen

PM Hails CBY's Policy Stabilizing Exchange Rates in Sana'a
12/14/2020 - SANA'A, Dec. 14 (Saba) - Prime Minister Abdulaziz bin Habtoor has hailed the monetary policy carried out by the Central Bank of Yemen (CBY) in the capital Sana'a.

The Prime Minister said th...
World Bank Appoints New Regional Director for Egypt, Yemen, Djibouti
1/8/2019 - The World Bank announced on Tuesday the appointment of Marina Wes as its regional director for Egypt, Yemen and Djibouti.

Prior to this assignment, she was the Country Director for the Wes...
Yemeni President Inaugurates The Largest Telecommunications Project In His Country
6/18/2018 - Yemeni President Abd Rabbo Mansour Hadi inaugurated in the interim capital of Aden today in the presence of Yemeni Prime Minister Dr. Ahmed Obaid Bin Daghr the largest telecommunications project in Ye...
The Yemeni Government Announces Its 1st Budget after Houthi Militias Coup
1/21/2018 - The Yemeni government has announced its first new budget for the year 2018 after a three-year hiatus following Houthi militias coup in September 2014.

Yemeni Prime Minister Ahmed Obaid bin Dg...
Yemen's Cenbank Has to Move from Capital Sanaa
9/19/2016 - Yemen's central bank has to move from the capital Sanaa because the armed Houthi movement that controls the city has been pillaging it to finance its war against the exiled government, the bank's newl...
Yemen: Finance Ministry Warns of systematic Targeting to State Resources
7/29/2016 - The Finance Ministry has warned of the disastrous consequences of the systematic targeting to the state’s public resources up and keeping them outside of the public treasury.

Any targeting ...
Yemen central bank expects fund transfers to ease import crisis
7/20/2016 - Yemen's Central Bank Governor said a second round of transfers of bank funds abroad to facilitate imports would take place in the coming days.

Reuters exclusively reported last week that the ...
Russian Aid Plane Lands in Sana'a
11/5/2015 - A Russian plane landed on Thursday in Sana'a International Airport carrying more than 20 tons of humanitarian aid.

The plane which broke the no-fly zone imposed on Yemen by the Saudi-led c...
Political Components Reps Leave Sana’a for Geneva Consultations
6/15/2015 - Representatives of the political components left Sana’a on Sunday to partake in Geneva consultations which will be kicked off, sponsored by the UN Secretary General Ban Ki-Moon.

In a statem...
Russia to Send Humanitarian Aid to Yemen
6/6/2015 - Deputy Minister of the Russian Foreign Affairs Gennadiy Mikhailovich Gatilov has said that Russia will send humanitarian assistance to Yemen.

He pointed out that the humanitarian aid will b...
Saudi and Arab Allies Strike Houthis in Yemen
3/26/2015 - Saudi Arabia and a coalition of regional allies launched air strikes against Houthi rebels in Yemen, the start of a military operation to protect the government, the kingdom's ambassador to the United...
Turkey Supports Dialogue, Reconciliation Efforts in Yemen
3/22/2015 - Turkish President Recep Tayyip Erdogan said Turkey will continue to support the dialogue efforts and national reconciliation to reach peace, security and stability in Yemen.

"I strongly con...
Norwegian Council-Implemented Projects in Yemen Discussed
2/25/2015 - Undersecretary of the Ministry of Planning and International Cooperation Omar Abdulaziz met here with acting country director of the Norwegian Council Aitzaz Yusuf.

The meeting discussed th...
Yemen Loses $ 1 bln Oil Revenues in 2014
2/21/2015 - Yemen lost nearly one billion dollars of its oil revenues over the past year,2014, compared to 2013, according to an official report.

The report, which has been issued by the Central Bank o...
Arab Delegates Meet in Cairo on Yemen
2/18/2015 - Arab permanent delegates at the Arab League came together in Cairo to discuss the current volatile situation in Yemen.

Kuwait's permanent delegate at the league Ambassador Azeez Al-Daihani...
Economic, Financial Situations in Yemen Discussed
2/15/2015 - The Economic Committee discussed Sunday economic and financial situations under current conditions and efforts of keeping economy and funds stable.

The committee was formed on the bases of ...
Russia: Imposing Sanctions on Yemen will Lead to Negative Results
2/14/2015 - Russia has said strengthening the external pressure on the political parties in Yemen as well as imposing sanctions on the country would lead to negative results.

It declared in a statement...
HE Foreign Minister Chairs GCC Meeting on Yemen
2/14/2015 - HE Foreign Minister Dr. Khalid bin Mohammed Al Attiyah chaired GCC Ministerial Council's extraordinary meeting held in Riyadh to discuss developments in Yemen.

HE the Foreign Minister said ...
Economic Situation in Yemen is still Under Control
2/13/2015 - The economic and monetary situation in Yemen is still under control, the Central Bank of Yemen (CBY) has said.

"Despite the tough political situation in Yemen, the economic and monetary sit...
Yemen to Partake in Berlin, Moscow Tourism Fairs
2/12/2015 - Yemen is to take part in the international tourism and travel fairs in Germany and Russia to be held in the coming March, the Tourism Promotion Council (TPC) said.

The participation will ke...

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