Hadi orders govt to restore food and services supply stability

Official source denies suspending flights through Aden International Airport

An authorized government source repudiated the circulated reports regarding the issuance of government directives to close Aden International Airport to air traffic, affirming that the government has not issued any directives to close the airport, nor there is any such decision issued by the leadership of the Coalition to Support Legitimacy.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

China's ETF market hits record $855.6

The combined scale of China's exchange-traded funds (ETFs) has hit a record 6.02 trillion yuan ($855.6 billion), up more than 2.2 trillion yuan from the end of last year, Shanghai Securities News reported Saturday, citing data from Choice, a financial information provider.

Arsenal defeats Brighton and strengthens its lead in the English Premier League

Arsenal defeated Brighton 2-1 in their match at the Emirates Stadium as part of the 18th round of the English Premier League.

Last Update: ، 2026/01/01 Time 09:02:37
Latest News:

Ambassador Jumeih: UNESCO Sent Monitoring Mission to Socotra Following Reports of Violations World Heritage ..

Leadership Council Chairman Warns Against Undermining Sovereign Decisions

EU says Hadramaut and Al Mahra developments threaten to bring risks to Gulf region

Yemeni Ambassador Discusses Yemen's Developments with Bahraini Official

Morocco Reaffirms Support for Yemen's Stability and Unity

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.