Al-Arada Highlights Yemen's Need For An Effective International Partnership To Manage Security, Economic Challenges
The Member of the Presidential Leadership Council (PLC), Governor of Marib governorate Sultan al-Arada stressed that Yemen today needs a more effective international partnership to support state institutions and upgrade their capacities in order to manage security, economic and humanitarian challenges.
Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent
The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.
German Exports Rise 3.9 Percent
The total of German exports increased by 3.9 percent during the first half of 2026 compared to the same period last year, reaching 817.8 billion euros.
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.
User Name: Password:
Yemen's Cabinet discuss economic challenges, tightening security
[10/01/2018 05:22]

ADEN-SABA
The Ministers Council discussed on Wednesday economic challenges, which include deteriorating the price of Yemeni Rial before US dollar and measures for stopping this deterioration.

The council attributed this deterioration to buying oil revenues and playing with the price of money exchange by exchange companies.

Headed by Prime Minister Ahmad Obeid bin-Daghr, the ministers listened to a report by the Central Bank of Yemen on reasons of the drop out of the Rial and practical solutions for limiting the increasingly fall down of the price over increasing demand for foreign currency.

The Cabinet discussed measures made by the committee formed by the President of the Republic for coordination with Saudi officials for providing Aden electricity with fuel and supplying the Central Bank with Saudi USD 2 billion deposit.

Discussing Houthi militia's violations and aggressions against people in their held-areas, the cabinet stressed on providing humanitarian aid to displaced people and easing measures of their entrance to all liberated provinces.

The ministers stressed also on tightening security and stability, activating intelligence organizations and unifying all security units under the ministry of interior in the framework of the institutional operation.

Fighting terrorist elements and monitoring all suspected movements, were also highlighted.

The council warned that it will not allow to any group to violate freedom of any citizen and treating citizens on sectarian, regional or partisan bases.


Al-Arada Highlights Yemen's Need For An Effective International Partnership To Manage Security, Economic Challenges
Council Of Ministers Approves Significant National Strategies, International Agreements
Foreign Minister: Restoring State Is Key to Yemen, Gulf and Red Sea Security
Naval Forces Foil Smuggling Attempt of Military Equipment and Houthi Attack
Prime Minister Praises British Support For Yemen
President al-Alimi Orders Crackdown on Smuggling, Curb War-Economy
Yemeni Embassy Official, Mombasa Governor Discuss Strengthening Bilateral Cooperation
Yemen Participates in Regional Maritime Law Enforcement Dialogue in Nairobi
Prime Minister: Yemen Will Not Remain an Open Arena for a Cross-Border Project
Saudi Arabia, France Affirm Support for Presidential Leadership Council, Protection of Maritime Freedom

About Saba News Agency | Usage Agreement | Contact Us