Suez Canal Revenue Plunges by $2 Billion Due to Houthi Attacks

Suez Canal Revenue Plunges by $2 Billion Due to Houthi Attacks

The Suez Canal Authority announced a significant drop in revenue for the 2023-2024 fiscal year, losing approximately $2.1 billion due to Houthi attacks in the Red Sea. Egyptian media reported on Tuesday, July 16, 2024, that the canal's revenue fell by 23%, reaching a total of $7.223 billion...

Houthi Rebels Reject UN Envoy's Call for Economic Talks

Houthi Rebels Reject UN Envoy's Call for Economic Talks

The Houthi rebel group, designated as a terrorist organization, has rejected a call by the UN Special Envoy for Yemen, Hans Grundberg, to engage in negotiations with the internationally recognized Yemeni government on economic issues. Houthi leader Hussein al-Ezzi, the group's Deputy Foreig...

Saudi Security Forces Seize 220kg of Qat in Jizan

Saudi Security Forces Seize 220kg of Qat in Jizan

Saudi security forces have thwarted two separate attempts to smuggle a total of 220 kilograms of Qat, a stimulant plant, into the country, according to official statements. The first incident occurred in the Da'ir sector of the Jizan region, where border guard patrols intercepted 90 kilogra...

Marib Rally Demands International Pressure to Stop Gaza Bloodshed

Marib Rally Demands International Pressure to Stop Gaza Bloodshed

A solidarity rally held in the Yemeni city of Mar'ib on Friday, July 12, 2024, called upon the international community, the United Nations, various international organizations, and all free nations to exert effective pressure on the Israeli occupation and the US administration to stop the ongo...

Yemen Surpasses UAE in LNG Production, Ranking 14th Globally

Yemen Surpasses UAE in LNG Production, Ranking 14th Globally

A recent analytical report by the Energy Research Unit has revealed that Yemen, along with five other Arab nations, has secured a spot among the world's top LNG producers. According to the report, published by the Washington-based Energy Research Unit on Monday, seen by Barran Press, July 8...

Maersk Ship Attacked in Gulf of Aden, No Injuries Reported

Maersk Ship Attacked in Gulf of Aden, No Injuries Reported

Shipping giant Maersk reported on Tuesday, July 9, 2024, that one of its vessels, the Maersk Sentosa, was targeted by a flying object in the northern Gulf of Aden earlier in the day. Maersk confirmed that there were no injuries to crew members and no damage to the ship or its cargo, according t...