The Yemeni Minister of Finance, Salem bin Brik, met with his Qatari counterpart, Ali al-Kuwari, on Tuesday, July 2nd, 2024, to discuss the latest economic and financial developments in Yemen. The meeting focused on the significant challenges facing the country's public finances amidst the ongo...
A recent economic study, published on June 30th, 2024, argues that Yemen's economic woes are rooted in deeper issues than simply relocating bank headquarters, citing the halt of oil exports and the collapsing currency as key contributing factors. The study, authored by economist and analyst...
The World Bank has issued a stark warning about the deteriorating state of Yemen's public finances, attributing the decline to a significant shift in import routes from Aden to ports controlled by the Houthi rebels. The Bank's latest Yemen Economic Monitor report, seen by "Ba...
UN Special Envoy for Yemen, Hans Grundberg, revealed on Thursday, June 13th, that he has extended invitations to President of the Presidential Leadership Council, Rashad Al-Alimi, and the head of the Houthi-controlled Supreme Political Council, Mahdi Al-Mashat, for a face-to-face meeting to discus...
Yemeni Prime Minister Ahmed bin Mubarak said on Wednesday that "peace opportunities have diminished" due to the actions of the internationally designated terrorist group Houthi militia, and that the world is now looking with great suspicion at the role that the Houthis could pl...