On Thursday, October 24, 2024, UN Special Envoy to Yemen Hans Grundberg announced that he is actively engaged in discussions with officials from the Central Bank in both Sanaa and Aden to find technical and sustainable solutions to prevent a deeper economic collapse. This includes assessing optima...
On Thursday, October 24, 2024, Sultan al-Aradah, a member of the Presidential Leadership Council, convened a meeting to discuss the performance of various sectors within the Ministry of Interior and explore ways to enhance their services in the liberated governorates. The meeting took place in Mar...
HADRAMAWT, Yemen In the past few hours, several cities in Hadramawt Governorate have witnessed angry demonstrations and motorcycle rallies in response to the collapse of the national currency and a decline in public services. In Mukalla, the capital of Hadramawt, a symbolic women's mar...
WASHINGTON, D.C. — On Wednesday, October 23, 2024, Yemen's Finance Minister, Salem bin Brik, and Central Bank Governor, Ahmed Ghaleb, held a series of intensive meetings in Washington, D.C., aimed at securing financial resources from the Arab and International Monetary Funds to address t...
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 Tuesday, October 22, 2024, political parties in Marib province convened to address the current economic and political situation, including the decision by three parties to suspend their activities within the "National Alliance of Parties." The meeting, called by the Yemeni Rashad P...
The Central Bank of Yemen (CBY), based in the temporary capital of Aden, announced a public auction for the sale of USD 30 million on Monday, October 28th, 2024. This was revealed in Auction Announcement No. (13-2024), published on the CBY's official website. The auction, conducted via the ...
The National Center for Meteorology and Early Warning has issued a warning about potential sea turbulence along the coasts of Socotra and eastern provinces in Yemen. The center forecasts varying degrees of rainfall across 20 provinces in the coming hours. In its daily bulletin, reviewed by &quo...
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...
On Monday, October 21, 2024, the King Salman Humanitarian Aid and Relief Center launched the distribution of emergency food assistance to 1,260 displaced families affected by heavy rainfall in Al-Jawf province, northeastern Yemen. During the distribution event, Shakir Al-Shayef, the Director of...
A government report released on Sunday revealed that 118 families, totaling 716 individuals, were displaced to Marib province in northeastern Yemen in September. Additionally, 263 families moved from rented homes to camps due to deteriorating economic conditions. The report, issued by the Execu...
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 ...
Rashad Alimi, the President of the Presidential Leadership Council and Supreme Commander of the Armed Forces, convened an emergency meeting with the High Security Committee on Sunday to discuss measures to empower the Central Bank of Yemen in managing monetary policy and implementing actions to pr...
The U.S. Central Command (CENTCOM) announced on Saturday that its forces carried out successful strikes last week against a Houthi surface-to-air missile launcher and its associated radar, which posed a threat to U.S. aircraft and coalition forces. In a statement published on social media platf...
The office of the UN Special Envoy for Yemen, Hans Grundberg, announced on Saturday that he met with senior U.S. officials to discuss the latest developments in Yemen and ways to strengthen an inclusive political process led by the United Nations amid escalating regional military tensions that und...
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...
Ahmed Awad Bin Mubarak, the internationally recognized Prime Minister of Yemen, stated on Wednesday that the recent decline in the value of the national currency is unjustified. He characterized this issue as a critical battle, akin to the military efforts to restore the state and end the ongoing ...
The Masam project, part of the King Salman Humanitarian Aid and Relief Center, announced on Wednesday that it has successfully removed 630 landmines and unexploded ordnance (UXO) across various regions in Yemen during the second week of October. These explosives were reportedly planted by the Hout...
The United Nations Children's Fund (UNICEF) issued a warning on Tuesday about the circulation of fraudulent advertisements on WhatsApp and social media platforms claiming to offer cash prizes or job opportunities with the organization. In a statement on its official website, which was revie...
The Central Bank of Yemen urged the government on Tuesday to reevaluate its financial and economic policies, particularly in the areas of public resource mobilization and expenditure planning according to priorities. This call came during a virtual meeting of the bank's board of directors, ...