On Wednesday, October 23, 2024, the High Judicial Council approved the investigation of a member of the Public Prosecution based on a request from the Attorney General. Additionally, the council referred two judges to the Accountability Board for disciplinary cases raised by the Judicial Inspectio...
A government meeting in Aden, the temporary capital of Yemen, addressed the repercussions of currency devaluation and the impact on citizens' livelihoods, as reported by the official Yemeni News Agency, Saba. The meeting brought together Deputy Minister of Industry and Trade Salem Al-Wali, ...
Since the beginning of last week, Aden, the declared interim capital of Yemen, has witnessed intensified government efforts aimed at stabilizing the local currency and preventing its complete collapse. The Yemeni rial has recently plummeted, with the dollar exceeding 2,000 rials, marking the lowes...
The internationally recognized Yemeni government announced a series of measures aimed at stabilizing the national currency and preventing further devaluation of exchange rates during a Cabinet meeting on Monday, October 21, 2024, in Aden, the country’s temporary capital. During the meetin...
The Central Bank of Yemen in Aden, the country's temporary capital, announced the results of its twelfth auction for 2024 on Sunday, where it offered $50 million for sale. According to a statement on the bank's official website & seen by Barran Press, a total of $25.247 million was ...
The internationally recognized Yemeni government, led by Prime Minister Ahmed Awad bin Mubarak, has reviewed ongoing efforts to rehabilitate the fishing port in the Hajif area of Aden, the country's temporary capital, in preparation for its revitalization as one of the largest fish landing and...
An economic meeting chaired by Rashad Alimi, President of the Presidential Leadership Council, was held on Sunday to expedite the implementation of a "rescue plan" aimed at curbing currency speculation and enhancing regulatory measures to support the independence of the Central Bank of Y...
The U.S. Embassy in Yemen announced that Ambassador Stephen Fagin met with Aidarus Al-Zubaidi, a member of the Presidential Leadership Council, to stress the importance of unity within the council. In a brief statement shared on the embassy’s X account & reviewed by Barran Press, Amba...
Rashad Al-Alimi, the President of Yemen's Presidential Leadership Council, reiterated his full support for the Central Bank of Yemen's independence in managing monetary policy during a crisis management meeting held in Aden on Thursday. The meeting, chaired by Prime Minister Ahmed Bin M...
Prominent Yemeni politician Haidar Abu Bakr Al-Attas, the first Prime Minister of the Yemeni unity government, arrived in Aden on Tuesday, October 15, marking his first return to the city in nearly three decades. Al-Attas left Yemen following the civil war in 1994 and has since lived abroad. Ac...
Rashad Alimi, the President of Yemen's Presidential Leadership Council, welcomed a high-level Russian delegation on Wednesday in Aden, the country’s temporary capital. The visit is part of ongoing efforts to revive joint ministerial committees between Yemen and Russia. According to th...
The internationally recognized Yemeni government convened an emergency meeting on Tuesday with the leadership of the Central Bank and the Ministry of Finance to address the recent developments surrounding the national currency's exchange rates. The meeting aimed to discuss urgent measures in l...
Rashad Al-Alimi, Chairman of the Presidential Leadership Council, returned to Aden, Yemen's temporary capital, on Tuesday evening following a "fruitful" participation in the 79th session of the United Nations General Assembly. According to the official Saba News Agency, Al-Alimi w...
The leadership of the Central Bank of Yemen, headed by Deputy Governor Mohammed Banajah, met with European Union ambassadors on Tuesday to discuss the implementation of the July 2024 agreement announced by the UN envoy to Yemen, which resulted in the cancellation of certain bank decisions. The ...
The Central Bank of Yemen, based in Aden, the country's temporary capital, announced on Tuesday that it will hold an auction to sell $50 million on Sunday, October 20, 2024. According to an announcement posted on the bank's official website seen by Barran Press, participants must submit...
“Every day the exchange rate rises, and we say we will endure, but each day we are getting worse,” lamented 40-year-old Mahyoub Qassem, expressing frustration over the ongoing decline of the Yemeni rial against foreign currencies and its impact on commodity prices and living conditions. ...
The Central Bank of Yemen urged the government on Tuesday to reevaluate its financial and economic policies, particularly in the areas of public resource mobilization and expenditure planning according to priorities. This call came during a virtual meeting of the bank's board of directors, ...
For the first time in Yemen, the city of Aden, designated as the temporary capital, will host the third Arab Arm Wrestling Championship for both genders from November 25 to 30, 2024. The event is organized by the Yemeni General Federation for Strength Sports and Arm Wrestling under the supervision...
