On the evening of November 4, 2024, Dr. Ahmed Obaid Ben Dagher, Chairman of Yemen's Shura Council, arrived in Aden, the country's temporary capital, to participate in the upcoming launch of the National Coalition against the Houthi movement, which is classified as a terrorist organization....
On November 4, 2024, multiple political and party sources reported that Yemeni political parties have finalized the foundational documents for the National Coalition opposing the Houthi movement, which is classified as a terrorist organization. Plans for its announcement are set to take place in A...
On November 2, 2024, the Yemeni Presidential Leadership Council reiterated its commitment to taking "full responsibility" for alleviating the country's dire living conditions. The council expressed its unwavering dedication to strengthening unity and focusing on the critical battle t...
On November 1, 2024, security and judicial authorities in Aden, Yemen's temporary capital, closed over 26 currency exchange shops as part of a broader government initiative aimed at stabilizing the national currency, which has been experiencing continuous decline. According to the media cen...
ADEN, YEMEN — On Wednesday, October 30, 2024, the Southern Transitional Council (STC) issued a warning regarding the Central Bank of Yemen's ongoing currency auction practices, claiming that the majority of the funds are benefiting the Houthi-controlled areas rather than local markets in...
On Wednesday, October 30, 2024, Ahmed Awad bin Mubarak, the internationally recognized Prime Minister of Yemen, criticized the United Nations and the international community's approach to the Houthi group, which is designated as a terrorist organization. He stated that this approach "will...
On Tuesday, October 29, 2024, Ahmed Awad bin Mubarak, the internationally recognized Prime Minister of Yemen, declared that there will be no protection for any corrupt individual, regardless of their position, emphasizing the need for a collective stance to uphold the rule of law and prevent misco...
On Monday, October 28, 2024, Rashad Al-Alimi, Chairman of Yemen's Presidential Leadership Council, underscored the critical role of the commercial sector in supporting government efforts to curb inflation, maintain service and commodity stability, and improve the national currency's positi...
On Monday, October 28, 2024, the Yemeni Central Bank, based in the temporary capital of Aden, announced the results of its 13th public auction for the year, aiming to sell a total of $30 million. According to a statement published on its official website & reviewed by Barran Press, the Cent...
On Sunday, October 27, 2024, Osman Mejalli, a member of the Presidential Leadership Council, emphasized the urgent need to support and enhance the role of the Central Bank in Aden to navigate the ongoing financial crisis and the depreciation of the local currency. Mejalli made these remarks dur...
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...
On Wednesday, October 23, 2024, Yemeni Transport Minister Abdul Salam Hamid met in Aden, the country’s temporary capital, to discuss cooperation between Yemen and the Hashemite Kingdom of Jordan, focusing on the resumption of flights by Royal Jordanian Airlines to Yemen. During his meetin...
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, ...
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 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...
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...
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...