CBY Governor: IMF Statement reflects renewed institutional engagement with the international community
Governor of the Central Bank of Yemen Ahmed Ghaleb has said that the International Monetary Fund (IMF) statement on the conclusion of Article IV consultations with the Republic of Yemen reflects an important return to institutional engagement with the international community after a long period of interruption, welcoming the content of the statement.
Arab League Calls for Confronting Rising Anti-Muslim Hate
The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.
Oil rises as markets assess supply risks
Oil prices rose today, Tuesday, due to supply concerns, with Brent crude futures climbing $2.89, or 2.9 percent, to $102.83 per barrel.
Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh
Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.
User Name: Password:
Al-Kamal: Houthi militia's coup resulted in devastating impacts on national economy, labors
[01/05/2018 12:04]



RIYADH-SABA

Minister of Social Affairs and Labor Dr Ebtihaj Al-Kamal stated that government is very keen on revitalizing labor sector through establishing job-creating projects that can hire large number of labors.

In statement on Mayday Al-Kamal said:" The government would do its utmost to revive labor sector through planning and supporting major projects that can employee as many labors as possible in order to contribute toward revitalizing labor market which has been gravely damaged by Houthi coup d'état".

The Minister noted that Houthi militia's coup caused crippling economic losses amounted up to $27 billion by the end of 2017.

" Houthi militia coup has proved disastrous in all accounts. The militia has almost bring the economic and businesses drive into standstill. Hundreds of thousands of labors have become jobless, hundreds of small-businesses and enterprises have gone bankruptcy, large number of public and private-owned major productive businesses have been destroyed due to the militia's reckless and irresponsible practices", Al-Kamal said.





CBY Governor: IMF Statement reflects renewed institutional engagement with the international community
IMF Executive Board approves results of Article IV consultations with Yemen
KSrelief distributes tents, shelters for rain-impacted families in Marib
Distribution of 400 food parcel to flood-impacted families in Mocha with Kuwaiti suppor
National Committee for Regulating, Financing Imports approves several measures
Yemen, France discuss security cooperation
Minister of Water discusses with WB, UNPOS joint cooperation
Amb. Nasher meets with students in Cuba
Prime Minister: Health services need to be improved
President al-Alimi praises deep-rooted relations with Kuwait

About Saba News Agency | Usage Agreement | Contact Us