Minister of Industry discusses price reductions with major traders, importers

National Committee for Regulating, Financing Imports approves several measures

The National Committee for Regulating and Financing Imports discussed, during its meeting held on Thursday and chaired by the Governor of the Central Bank of Yemen, the Chairman of the Committee Ahmed Ghaleb, the latest developments in the committee's work and its affiliated executive, technical and advisory committees.

Arab League Calls for Confronting Rising Anti-Muslim Hate

The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.

Oil rises as markets assess supply risks

Oil prices rose today, Tuesday, due to supply concerns, with Brent crude futures climbing $2.89, or 2.9 percent, to $102.83 per barrel.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/04/03 Time 11:45:20
Latest News:

Yemen, France discuss security cooperation

Minister of Water discusses with WB, UNPOS joint cooperation

Amb. Nasher meets with students in Cuba

Prime Minister: Health services need to be improved

President al-Alimi praises deep-rooted relations with Kuwait

Minister of Industry discusses price reductions with major traders, importers

[03/08/2025 07:15]

ADEN - SABA
The Minister of Industry and Trade Mohammad al-Ashwal held elaborated meeting on Sunday with major traders and importers.

The meeting discussed reduction of prices, particularly for essential and consumer goods, in accordance with the new price changes.

During the meeting, attended by Deputy Minister of Industry Salem al-Wali, ministry undersecretaries and Abu Bakr Ba Ubaid Deputy Head of the Chamber of Commerce and Industry in Aden, Minister al-Ashwal emphasized the ministry's commitment to maintaining a good relationship with the private sector, which is a key partner in economic development.

He urgef need to feel a sense of national responsibility in reducing prices and considering the living conditions faced by citizens under the principle of "no harm and no harassment."

Al-Ashwal called on all traders, importers, and commercial agencies to issue new price lists for all food and consumer goods in line with the recovery of the national currency and exchange rates.

He indicated that a meeting would be held with the governor of the central bank to discuss measures for the recovery of the national currency and stabilization of exchange rates, as well as efforts to provide hard currency for importers.

He pointed out that the National Committee for Regulating Imports will play a significant and central role in organizing and providing essential food goods at competitive prices, and will work to rationalize and regulate imports to prevent the depletion of hard currency.

He praised the high national sense of responsibility shown by the private sector in addressing many critical junctures faced by the country.

For his part, the Deputy Head of the Chamber of Commerce emphasized the importance of this meeting with the Ministry of Industry, which serves as the true umbrella for the private sector.

He pointed out the necessity of working as a unified team to support currency stability and alleviate the difficult living conditions faced by citizens, while ensuring food security.