PM chairs Economic Commission follow-up meeting on economic recovery

Houthi Militias Blamed for 75 Crimes, Violations in 48 Hours in Taiz

The Yemeni Network for Rights and Freedoms reported that the Iranian-backed Houthi terrorist militias committed 75 crimes and violations during the past 48 hours in Taiz Governorate.

GCC Secretary-General Welcomes UN Security Council’s Position on Houthi Attacks Against Saudi Arabia

The Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi has expressed his appreciation for the position conveyed by members of the United Nations Security Council in their presidential statement regarding the attacks carried out by the Houthi terrorist militia against the Kingdom of Saudi Arabia.

Brent Crude Futures Rise 12 Cents

Oil prices remained mostly unchanged in early Asian trading on Thursday following gains from the previous session and a sharp monthly increase.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/10/28 Time 01:32:44
Latest News:

Yemen Calls for Fair Funding to Protect Biodiversity in Least Developed and Conflict-Affected Countries

President al-Alimi Launches Package of Relief Projects from King Salman Center to Support Taiz's Resilience, ..

Yemeni Ambassador Discusses Developments in Yemen with Czech Parliament Speaker

Aden Governor Discusses with UNICEF Strengthening Interventions in Water, Education

Green Climate Fund Approves Project Worth $28 Million to Develop 'CWIMEWS' in Yemen

PM chairs Economic Commission follow-up meeting on economic recovery

[10/09/2018 03:37]

RIYADH-SABA
Prime Minister Ahmed bin-Daghr chaired a meeting with the Economic Commission to follow up on the economic developments and measures taken by the government to stop the deterioration of the national currency, Riyal.

The meeting recounted the mechanism adopted in the last Cabinet meeting to tackle the Riyal depreciation and mitigate its impact on the people.

The Prime Minister said the measures which the government had taken included allowing traders to open letters of credits with the national banks to cover the import of basic foodstuffs identified in the previous meeting. The covered items are wheat, rice, sugar, milk, edible oil and medicines.

The Prime Minister said that "the matrix of urgent economic measures for economic recovery is carried out systematically and automatically and with the cooperation of all governmental and private agencies, and will be crowned with success." He hailed the great efforts exerted by the Economic Commission to follow up on the implementation of the tackling measures.