On Thursday, the Shabwah Alliance of Tribes called for establishing an oil refinery to address local fuel needs. During a meeting in Bayhan District, chaired by Sheikh Ali bin Doushal Al-Nassi, the alliance also demanded greater transparency in oil agreements, fair distribution of resources, and a...
Yemeni Presidential Leadership Council Chairman Rashad Al-Alimi called for increased international support to address Yemen’s economic, service, and humanitarian crises, as well as to strengthen efforts against terrorism and organized crime. In a meeting with U.S. Ambassador Steven Fagin,...
The Yemeni government said that the war sparked by the Iran-backed Houthis has cost the country over $250 billion—more than half its national income. Speaking at a UN Security Council session, Ambassador Abdullah Al-Saadi outlined the conflict’s severe toll, including a colla...
Eleven years into Yemen's devastating conflict, the silent suffering of millions displaced from their homes persists, a stark testament to the war's enduring cruelty. Over 4.5 million souls have been uprooted, their lives fractured, their Ramadans now defined by the stark realities of over...
In Taiz’s busy streets, 45-year-old Ibrahim Mohammed fights to sustain his family. Driving a small delivery cart, he waits hours outside furniture shops for scarce jobs. His meager earnings hardly meet his household’s essential needs. Impact of War and Blockade Over the pa...
Yemeni families across the country are struggling with the rising cost of living as the local currency continues to plummet. The situation is worsening as the holy month of Ramadan approaches, traditionally a time of increased spending on food and other goods. A decade of war has left many Yeme...
Exchange companies in Marib Governorate, northeastern Yemen, closed their doors on Thursday following a directive from the Central Bank of Yemen in Aden. Local and banking sources told "Barran Press" that the closure, intended to stabilize the rapidly declining Yemeni riyal, has resulted...
The Central Bank of Yemen, based in Aden, on Wednesday accused government bodies of hindering the utilization of crucial resources needed to fund essential services. The Bank expressed its disappointment with the government's inaction in mitigating the impact of attacks by the Iran-backed H...
Aidarous al-Zubaidi, a member of the Presidential Leadership Council and head of the Southern Transitional Council (STC), called on the Council and the government to take "urgent action to provide essential services, pay salaries, and find solutions to revitalize the country's economic re...
The Yemeni rial plummeted to a historic low against foreign currencies today, exacerbating the country's ongoing economic crisis. Banking sources in Aden, the interim capital, reported that the US dollar reached a record high of 2,306 rials.The Saudi riyal also fluctuated sharply, trading at 6...
In the closing months of 2024, Yemen's economic crisis reached its peak, leaving the internationally recognized government unable to pay employee salaries for several months. Desperate, the Yemeni government appealed to the international community for aid. Following a series of meetings held b...
MARIB, Yemen — The local authority in Marib Governorate has approved a monthly incentive of 70,000 Yemeni riyals for all teachers actively working in the region. This decision, announced by the governor, Major General Sultan Al-Aradah, is part of efforts to support educators amid ongoin...
On December 26, 2024, the internationally recognized Yemeni government approved a governmental economic plan focusing on urgent priorities and established an executive framework for its implementation. An oversight committee was also formed to monitor the progress of the plan's execution. T...
On December 11, 2024, the Central Bank of Yemen, based in the temporary capital of Aden, announced the official implementation of the International Bank Account Number (IBAN) system for local and international money transfers. The announcement was made during a comprehensive meeting organized b...
On December 11, 2024, the Houthi group, classified as a terrorist organization internationally, announced their readiness to "move forward with signing the economic agreement and ensure its implementation," provided they receive certain guarantees. This marks the first time the Houthi...
On Thursday, November 28, 2024, the Board of Directors of the Central Bank of Yemen concluded its tenth session by addressing critical developments in the financial and monetary sectors and related indicators. In a statement published on its website and reviewed by Bran Press, the bank highligh...
On Wednesday, November 27, 2024, the Yemeni Presidential Leadership Council convened for the third time in a week to discuss recent developments on the national and regional fronts, as well as the current economic situation and a review of previous decisions. The meeting, chaired by Council Pre...
In an interview with Barran Press on Saturday, November 23, 2024, former Yemeni President Ali Nasser Muhammad shared his insights on the performance of the Presidential Leadership Council and the internationally recognized Yemeni government, particularly regarding the provision of essential servic...
Yemeni Government Discusses Customs Exemptions and Economic Improvements with UN Officials On Tuesday, November 19, 2024, Yemen's internationally recognized Minister of Finance, Salem bin Buraik, held separate meetings with UN officials to discuss customs exemptions and improving economic a...
On Monday, November 18, 2024, the Marib General Conference held its first session to announce its administrative structure, including the presidency, general secretariat, departments, and the oversight and inspection committee. Abdulhaq Ali Al-Qabali was named the president of the conference. T...