Al-Arada Discusses Houthi Escalation and Taiz Siege with British Ambassador
Presidential Leadership Council Member and Marib Governor Lt. Gen. Sultan al-Arada discussed with British Ambassador to Yemen Abda Sharif the latest military, political, security and economic developments in Yemen, amid continued Houthi escalation and its implications for international shipping and regional and international security and stability.
GCC Secretary-General Welcomes UN Security Council’s Position on Houthi Attacks Against Saudi Arabia
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EU Allocates 525 Million Euros to Support Startups in Chip Design
European Commissioner for Technological Sovereignty, Security and Democracy, Hana Verkonen, announced that the European Union (EU) has allocated 525 million euros to support startups in the field of chip design.
Al Nassr Beat Al Fateh 3-0 in Saudi Football League
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Last Update: ،
2026/11/11
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07:29:21
Latest News:
Coalition Intercepts and Destroys Two Houthi Drones Over Saudi Arabia
Taiz Governor Discusses Cash Shortages, Food Supply Stability with Central Bank
Yemen, UN Release Third Update of Nationally Determined Contributions at COP31
National Battle Steadily Moving Toward Achieving its Planned Objectives—Members of PLC stressed
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Latest News:
Coalition Intercepts and Destroys Two Houthi Drones Over Saudi Arabia
Taiz Governor Discusses Cash Shortages, Food Supply Stability with Central Bank
Yemen, UN Release Third Update of Nationally Determined Contributions at COP31
National Battle Steadily Moving Toward Achieving its Planned Objectives—Members of PLC stressed
Yemen Joins World Leaders Climate Action Summit (COP31) in Antalya
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 -
Al-Arada Discusses Houthi Escalation and Taiz Siege with British Ambassador
Coalition Intercepts and Destroys Two Houthi Drones Over Saudi Arabia
Taiz Governor Discusses Cash Shortages, Food Supply Stability with Central Bank
Yemen, UN Release Third Update of Nationally Determined Contributions at COP31
National Battle Steadily Moving Toward Achieving its Planned Objectives—Members of PLC stressed
Yemen Joins World Leaders Climate Action Summit (COP31) in Antalya
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