Minister of Oil, German Ambassador Explore Investment Opportunities in Oil, Gas
Minister of Oil and Minerals Dr. Mohammed Bamqa met today, Thursday, with the Ambassador of the Federal Republic of Germany to the Republic of Yemen Thomas Friedrich.
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Three Palestinians were killed and more than 10 others injured on Saturday in a series of Israeli airstrikes targeting several areas across the Gaza Strip.
Korea's Travel Account Posts Surplus for 3rd Month in Row
South Korea reported a surplus in its tourism account for the third month in a row in May, driven by a rise in the number of foreign tourists, reaching $220.5 million in May compared to a deficit of $820.2 million in the same month last year.
England Claim FIFA World Cup 2026 Bronze with Victory over France
England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.
Last Update: ،
2026/07/30
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11:34:33
Latest News:
President al-Alim Receives Credentials of Several New Ambassadors
Foreign Minister Discusses Strengthen Bilateral Relations with Kuwaiti Ambassador
Speaker of Shura Council Confers with EU Ambassador over Developments in Yemen
Health Ministry, UNFPA Review Reproductive Health Support
Governor of Saada Swears-in Before President al-Alimi
Latest News:
President al-Alim Receives Credentials of Several New Ambassadors
Foreign Minister Discusses Strengthen Bilateral Relations with Kuwaiti Ambassador
Speaker of Shura Council Confers with EU Ambassador over Developments in Yemen
Health Ministry, UNFPA Review Reproductive Health Support
Governor of Saada Swears-in Before President al-Alimi
Hadi orders govt to restore food and services supply stability
[03/09/2018 10:03]
RIYADH-SABA
President Abd-Rabbu Mansour Hadi has ordered the government to take effective and urgent measures to restore the stability of food and services supply following this week's further devaluation of the Riyal from 550 to 600 against the US dollar and the soar of prices of basic commodities.
In a meeting of the national Economic Committee attended also by the Vice President and Prime Minister on Sunday evening, Hadi called for resuming oil and liquefied natural gas exports to bring in hard currency, an efficient collection of taxes, spending cuts and pay rise for civil servicemen among other measures to tackle the situation.
"We know the magnitude of the challenges, the economic impact of the Houthi militia's unrelenting war on the nation and confiscation of foreign cash reserves to finance the war. Nevertheless, we are not absolved from stepping up efforts to take tackling measures and start building a new economy right from scratch," he said.
President Abd-Rabbu Mansour Hadi has ordered the government to take effective and urgent measures to restore the stability of food and services supply following this week's further devaluation of the Riyal from 550 to 600 against the US dollar and the soar of prices of basic commodities.
In a meeting of the national Economic Committee attended also by the Vice President and Prime Minister on Sunday evening, Hadi called for resuming oil and liquefied natural gas exports to bring in hard currency, an efficient collection of taxes, spending cuts and pay rise for civil servicemen among other measures to tackle the situation.
"We know the magnitude of the challenges, the economic impact of the Houthi militia's unrelenting war on the nation and confiscation of foreign cash reserves to finance the war. Nevertheless, we are not absolved from stepping up efforts to take tackling measures and start building a new economy right from scratch," he said.
Key words:
SABA President - Nevertheless - confiscation - devaluation - unrelenting - commodities - challenges - collection - servicemen - government -
Minister of Oil, German Ambassador Explore Investment Opportunities in Oil, Gas
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Governor of Saada Swears-in Before President al-Alimi
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