Al-Arada Affirms Importance of Completing Economic Reforms, Enhancing Efficiency of Resource Management
Member of the Presidential Leadership Council and Governor of Marib Sultan al-Arada met Sunda with the Chairman and members of the Joint Economic Committee from the Central Bank and the Ministry of Finance.
Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks
The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.
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.
Paris Saint-Germain Crowned UEFA Champions League Winners
French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.
Last Update: ،
2026/06/22
Time
12:14:28
Latest News:
Government, FAO Seek Stronger Coordination to Address Yemen’s Growing Food Security Crisis
Marib Deputy Governor, Polish Organization Discuss Expanding Humanitarian Support
Al-Khanbashi, WFP Discuss Expanding Humanitarian Programs in Hadramout
Al-Arada Inspects Construction Progress at Marib International Airport
Health Minister Opens Aden Charitable Heart Center, Launches Fifth Cardiac Surgery Camp
Latest News:
Government, FAO Seek Stronger Coordination to Address Yemen’s Growing Food Security Crisis
Marib Deputy Governor, Polish Organization Discuss Expanding Humanitarian Support
Al-Khanbashi, WFP Discuss Expanding Humanitarian Programs in Hadramout
Al-Arada Inspects Construction Progress at Marib International Airport
Health Minister Opens Aden Charitable Heart Center, Launches Fifth Cardiac Surgery Camp
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 -
Al-Arada Affirms Importance of Completing Economic Reforms, Enhancing Efficiency of Resource Management
Government, FAO Seek Stronger Coordination to Address Yemen’s Growing Food Security Crisis
Marib Deputy Governor, Polish Organization Discuss Expanding Humanitarian Support
Al-Khanbashi, WFP Discuss Expanding Humanitarian Programs in Hadramout
Al-Arada Inspects Construction Progress at Marib International Airport
Health Minister Opens Aden Charitable Heart Center, Launches Fifth Cardiac Surgery Camp
Yemen Cabinet Approves Rules to Regulate Official Overseas Travel
Yemen, Japan Discuss Bilateral Ties and Regional Security
Yemen Highlights Economic Recovery Prospects at Arab-German Business Conference
emen Participates in Islamic Development Bank Annual Meetings
