Suez Canal Revenue Plunges 23.5% Due to Red Sea Crisis, Egypt Confirms

Suez Canal Revenue Plunges 23.5% Due to Red Sea Crisis, Egypt Confirms

The Republic of Egypt confirmed on Thursday, July 18, 2024, a 23.5% decline in Suez Canal revenue during the past fiscal year ending in June, reaching $7.2 billion. This downturn is attributed to the ongoing crisis of attacks by the Houthi group, internationally classified as a terrorist organizat...

Yemeni Central Bank Announces $30 Million Foreign Currency Auction

Yemeni Central Bank Announces $30 Million Foreign Currency Auction

The Central Bank of Yemen, based in the temporary capital Aden (southern Yemen), announced on Thursday, July 18, 2024, that it will hold an auction to sell $30 million USD (30,000,000 USD) on Wednesday, July 24, 2024. The announcement, for auction number (10-2024) to sell foreign currency, was ...

Marib Meeting Emphasizes Community Role in Security and Stability

Marib Meeting Emphasizes Community Role in Security and Stability

A large-scale security meeting was held in the city of Marib (northeastern Yemen) on Thursday, July 18, 2024, to discuss the role of the community in strengthening security and stability in the governorate. The meeting included officials from the Ministry of Interior of the internationally reco...

Yemeni Woman Dies Every Two Hours During Pregnancy or Childbirth: UN

Yemeni Woman Dies Every Two Hours During Pregnancy or Childbirth: UN

The United Nations has reported that a Yemeni woman dies every two hours during pregnancy or childbirth due to lack of access to reproductive health services. The United Nations Population Fund (UNFPA) stated on X, formerly known as Twitter, that "Yemen is experiencing a high rate of preve...

Yemen Expresses Solidarity with Oman Following Mosque Shooting

Yemen Expresses Solidarity with Oman Following Mosque Shooting

The Republic of Yemen on Wednesday, July 17, 2024, declared its full support for the measures taken by the relevant authorities in the Sultanate of Oman to preserve its security and stability following a shooting incident at a mosque in Wadi Al Kabir. The incident resulted in the death of a police...

Nine Rescued, One Body Found After Oil Tanker Capsizes off Oman Coast

Nine Rescued, One Body Found After Oil Tanker Capsizes off Oman Coast

A search and rescue operation following the capsizing of an oil tanker off the coast of Oman has resulted in the rescue of nine crew members and the discovery of one body, according to the Omani Maritime Security Center on Wednesday, July 17, 2024. The search for the remaining six crew members con...

Houthi Commander Killed in Yemeni Army Operation East of Taiz

Houthi Commander Killed in Yemeni Army Operation East of Taiz

 A Houthi commander was killed and two of his aides injured in a targeted operation by the Yemeni army east of Taiz city, a military source in the Taiz axis told reporters on Wednesday, July 17, 2024. According to the Yemeni Ministry of Defense website, "September Net," the sourc...

Yemeni Airways Signs Largest Deal in History, Orders 8 Airbus Planes

Yemeni Airways Signs Largest Deal in History, Orders 8 Airbus Planes

Yemeni Airways announced on Wednesday, July 17, 2024, the signing of an agreement with Airbus to purchase eight new aircraft. The deal marks the largest in the national carrier's history, signifying a major investment in its future. According to the state-run Saba news agency, the agreement...

Yemeni Government Discusses Reconstruction with UN

Yemeni Government Discusses Reconstruction with UN

The internationally recognized Yemeni government on Tuesday, July 16, 2024, discussed a "vision for recovery and reconstruction of Yemen" with the United Nations. The war-torn country has been embroiled in a devastating conflict for a decade, leaving its infrastructure and economy in rui...