Member of PLC al-Khanbashi Launches Yemeni Cultural Summit in Mukalla
Member of the Presidential Leadership Council Salem al-Khanbashi, the Governor of Hadramout, inaugurated the Yemeni Cultural Summit in Mukalla on Saturday and officially opened the Arts Zone project, implemented by the Hadramout Foundation for Culture with joint funding from the European Union, the British Council, and UNESCO.
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2026/05/16
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Latest News:
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Latest News:
Al-Khanbashi Reviews Preparations for Government-Local Partnership Conference and Fuel Supply in Hadramout
President al-Alimi: Dealing with Houthis as Authority of Fait Accompli Means Legitimizing Divine Right, ..
Yemen’s Higher Education Minister Explores Academic Ties with Somalia, Libya
Economic Council Addresses Yemen’s Financial Crisis and Service Shortfalls
Breakthrough Deal Reached to Free 1,750 Detainees in Yemen
Minister: The coming days will witness an economic breakthrough
[21/12/2021 04:58]
Aden - Saba
The Minister of Industry and Trade, Muhammad Al-Ashwal, said that the coming days will witness a breakthrough in the economic situation in the liberated governorates, and that the gradual recovery of the local currency, the Yemeni riyal against foreign currencies, is a positive indicator that reflects the importance of the decision of His Excellency President Abd-Rabbu Mansour Hadi, regarding replacing the Board of Directors the Central Bank of Yemen in the temporary capital Aden.
In a statement to the Yemeni News Agency (Saba), Minister Al-Ashwal affirmed the keenness of the government and the Ministry of Industry and Trade to overcome all difficulties and implement a package of possible measures to avoid the accelerating collapse of the local currency, noting that the Prime Minister, Dr. Maeen Abdulmalik, held several emergency sessions to discuss the general situation and form an economic committee to study solutions to limit the continuation of the catastrophic economic and financial deterioration, and the accompanying large rise in commodity prices.
The Minister of Industry called on the merchants and the Chamber of Commerce and Industry to respond to the current data and the new price changes and to reduce the prices of commodities.
The Minister of Industry and Trade, Muhammad Al-Ashwal, said that the coming days will witness a breakthrough in the economic situation in the liberated governorates, and that the gradual recovery of the local currency, the Yemeni riyal against foreign currencies, is a positive indicator that reflects the importance of the decision of His Excellency President Abd-Rabbu Mansour Hadi, regarding replacing the Board of Directors the Central Bank of Yemen in the temporary capital Aden.
In a statement to the Yemeni News Agency (Saba), Minister Al-Ashwal affirmed the keenness of the government and the Ministry of Industry and Trade to overcome all difficulties and implement a package of possible measures to avoid the accelerating collapse of the local currency, noting that the Prime Minister, Dr. Maeen Abdulmalik, held several emergency sessions to discuss the general situation and form an economic committee to study solutions to limit the continuation of the catastrophic economic and financial deterioration, and the accompanying large rise in commodity prices.
The Minister of Industry called on the merchants and the Chamber of Commerce and Industry to respond to the current data and the new price changes and to reduce the prices of commodities.
Key words:
deterioration - breakthrough - accelerating - continuation - difficulties - catastrophic - accompanying - governorates - commodities - government -
Member of PLC al-Khanbashi Launches Yemeni Cultural Summit in Mukalla
Al-Khanbashi Reviews Preparations for Government-Local Partnership Conference and Fuel Supply in Hadramout
President al-Alimi: Dealing with Houthis as Authority of Fait Accompli Means Legitimizing Divine Right, Racism, Weapons Outside State
Yemen’s Higher Education Minister Explores Academic Ties with Somalia, Libya
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Breakthrough Deal Reached to Free 1,750 Detainees in Yemen
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