Yemeni Prime Minister Ahmed Awad bin Mubarak has reiterated his government’s commitment to forging strategic partnerships with the private sector, particularly banks and financial institutions. During a meeting with representatives of Yemeni banks and financial institutions particip...
Several Gulf states have welcomed a recent agreement between the Yemeni government and Houthi rebels to de-escalate tensions regarding the banking sector and Yemenia Airlines. The agreement, announced on Tuesday, July 23, by the UN Special Envoy for Yemen, Hans Grundberg, has been hailed as a posi...
A recent economic study, released on Thursday, July 11, 2024, revealed a deepening crisis within Sana'a's banking sector, a direct consequence of the destructive policies implemented by the Houthi group, internationally designated as a terrorist organization, over the past nine years. T...