The Food and Agriculture Organization of the United Nations (FAO) has issued a stark warning, predicting a significant and rapid decline in the value of the Yemeni Rial in government-controlled areas over the next four months. The organization estimates a monthly depreciation of at least 5% due to...
The Special Security Forces in Marib province (northeastern Yemen) have vehemently denied allegations of an assault on citizens returning from the Houthi-controlled capital Sana'a. The denial comes in response to reports circulating on social media claiming that a security checkpoint south of ...
Dr. Rashad Al-Alimi, Chairman of the Presidential Leadership Council, made a significant announcement on Saturday, June 15, 2024, regarding his government's stance on the Houthi group's violations. Dr. Al-Alimi declared that his government would maintain a policy of "economic firmness...
The Saudi Ambassador to Yemen, Mohammed Al Jaber, confirmed on Friday, June 14th, the transfer of the third installment of the Saudi deposit to the Central Bank of Yemen, supporting the internationally recognized government's budget in the face of a deficit. Al Jaber, in a post on the X pla...
The Central Bank of Yemen in Aden, the country's temporary capital, announced a series of measures on Thursday, June 13th, 2024, aimed at regulating money transfer mechanisms and obligating all local exchange companies to comply, coinciding with the arrival of a new tranche of a Saudi grant to...
The Yemeni Central Bank announced on Tuesday, June 11, 2024, that it has temporarily allowed the disbursement of April and May salaries for some government entities and employees, as well as May salaries for certain employees, citing the approaching Eid al-Adha holiday and the need to address empl...
emen's Chief of Staff, General Sagheer bin Aziz, on Monday, June 10, 2024, lauded the efforts of the Saudi Project for Mine Action (MASAM) in clearing Yemeni lands of mines and unexploded ordnance. During a meeting with MASAM Director-General Osama al-Qusaibi in Riyadh, bin Aziz stated that...
Yemeni Prime Minister, Ahmed bin Mubarak, emphasized the need for synchronized fiscal and monetary policies and a collaborative relationship between the government and the Central Bank of Yemen, during a visit to the bank's headquarters in Aden on Sunday, June 9th, 2024. This comes a day after...
The internationally recognized Yemeni government has issued a stark warning to mobile phone companies operating in the country, demanding they relocate their headquarters from Sana'a to the temporary capital, Aden, immediately. The Ministry of Communications and Information Technology state...
The Prosthetic Limbs and Rehabilitation Center in Marib Governorate (northeastern Yemen) announced the launch of the ninth phase of its project on Friday, June 7, 2024. The phase, which will run until the end of the year, aims to further enhance the center's services and expand its reach to di...
The "Imkan Foundation for Development and Entrepreneurship" hosted a workshop on Saturday, June 8th, 2024, in Marib governorate, aimed at exploring and strengthening the private sector's role in peacebuilding in the region. This initiative is part of the Youth Team's efforts to s...
Sources within the Houthi-controlled capital Sana'a have revealed a series of retaliatory measures the group is planning in response to recent decisions by the internationally recognized Central Bank of Yemen in Aden. These measures include threats against oil infrastructure and internet...
The Central Bank of Yemen, based in the temporary capital of Aden (southern Yemen), declared on Friday, June 7th, 2024, that its recent decisions are being implemented according to the planned schedule and deadlines. The bank issued a warning against the spread of what it termed "suspicious r...
The Yemeni Defense Ministry, recognized by the international community, announced its support for recent measures taken by the Central Bank of Yemen in Aden on Wednesday, June 5, 2024, calling them "courageous." The announcement came during a meeting of ministry leaders in Aden, the t...
The European Union (EU) delegation in Yemen has expressed its understanding and support for recent decisions made by the Central Bank of Yemen (CBY) in Aden, the country's temporary capital. The CBY has taken steps to protect the Yemeni banking sector from continued violations by the Hou...
The United Nations World Food Programme (WFP) has warned the Houthi authorities of the potential consequences of their decision to ban dollar remittances in areas under their control. The WFP report, published in the London-based newspaper Al-Sharq Al-Awsat on Sunday, June 2, 2024, expre...
The Saudi project to clear Yemeni lands of mines, "MASAM," announced on Sunday, June 2nd, 2024, that it had removed 5,726 mines, unexploded ordnance, and explosive devices during May. According to a statement released by the project, its field teams successfully removed 1,326 unexplod...
Salem bin Berik, the Minister of Finance in the internationally recognized Yemeni government, announced the completion of "approximately 50% of the review of files for processing the cases of employees who were displaced from their civilian, military, and security positions in the southern pr...
On Sunday, June 2, 2024, the Chairman of Yemen's Presidential Leadership Council, Rashad Al-Alimi, reassured the banking sector and the international community about the importance of the Central Bank's recent decisions. These decisions mandate banks and financial institutions in areas con...
The Yemeni Ministry of Interior has announced the arrest of 13 suspects in connection with a bombing attempt on the director of intelligence for the Taiz military axis. In a statement released on Sunday, June 2, 2024, the ministry confirmed that Taiz police apprehended the individuals involved ...