Minister of Industry underlines Yemen's need for economic assistance

Industry Minister, U.S. Ambassador Discuss Economic Cooperation and Investment Opportunities

Minister of Industry and Trade Mohammed Al-Ashwal held talks on Tuesday with U.S. Ambassador to Yemen Steven Fagin on expanding economic cooperation, promoting investment partnerships, and supporting institutional modernization efforts.

Death Toll from Israeli Offensive in Gaza Rises to 72,757, with 172,645 Injured

Medical sources in Gaza Strip said the death toll from the Israeli military offensive on the territory has risen to 72,757, while the number of wounded has reached 172,645 since the outbreak of the war on October 7, 2023.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Inter Milan a win away from Serie A title

Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.

Last Update: ، 2026/05/19 Time 06:11:39
Latest News:

Yemen Takes Part in Global Partnerships Conference in London

Vice Foreign Minister Holds Talks in Madrid on Yemen-Spain Relations and Peace Efforts

Presidential Leadership Council Commends Government's Decisions, Considers them Starting Point to Build ..

PLC Member Salem al-Khanbashi Reviews Public Health Laboratories and Reaffirms Support for Social Cohesion ..

Saudi Development Program Showcases Yemen Reconstruction Experience at Global Urban Forum

Minister of Industry underlines Yemen's need for economic assistance

[25/02/2024 05:42]

ABU - DHABI
Minister of Industry and Trade Mohammed al-Ashwal reiterated the Yemeni government appeal for the development partners including World Trade Organization (WTO) to bail out Yemen's economy that has been gravely damaged by the repercussions of the Terrorist Houthi militias' coup.

" A substantial economic support is urgently needed to realize the economic recovery, create job opportunity, contribute to stability, growth and peace", he said.

Speaking at the 12th Session of the Chinese Round Table within the 13th Conference of the WTO held today, Sunday, in Abu Dhabi, he highlighted the economic hardships that has been further exacerbated by the Terrorist Houthi militias' attacks on the commercial ships.

" Houthi militias' attacks on the commercial ships and shipping lanes have worsen the Yemeni peoples' economic hardships", said al-Ashwal.

It is important to note that this gathering of the WTO is corresponding with the tenth anniversary of Yemen's joining the WTO.