Economy
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Yemen’s Central Bank: Houthi Coin a Dangerous Escalation Threatening Monetary Stability
The Central Bank considered the Houthi move a direct undermining of that declaration, emphasizing that minting a counterfeit currency represents…
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Houthis Issue New 50-Rial Coin Amid Warnings of Deepening Monetary Divide
The bank reiterated that this step comes as part of what it described as "enhancing confidence in the national currency…
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Yemeni Central Bank Discusses Restructuring Banking Network with Banks
The discussions focused on steps to establish a Fast Payment company, supported by the World Bank. This initiative is expected…
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U.S. Calls for End to UN Mission Supporting Hudaidah Agreement
The United Nations Mission to support the Hudaidah Agreement (UNMHA) is a civilian monitoring mission established by the United Nations…
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Grundberg at the UN Security Council: Salaries, De-escalation, and Freedom of Movement Are Keys to Saving Yemen from Collapse
Grundberg welcomed the reopening of the road in Al-Dhalea, describing it as a positive sign of potential on-the-ground progress and…
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Yemeni Airways Employees Demand End to Corruption and Politicization, Warn of Company Collapse
Employees indicated that these practices have led to heavy financial losses estimated at over $200 million, in addition to hirings…
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Al-Mahra… Virtual Meeting Discusses Ways to Salvage Tanker (Maliha) in Nishtun Port
Yemen Monitor/Newsroom: An emergency meeting was held in Al-Mahra Governorate on Tuesday, via Zoom technology, to follow up on the…
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Houthis Ban Dollar Remittances Amid Rial Collapse in Government-Held Areas
Banking sources in Sana’a confirmed that the Houthis have issued strict directives to exchange companies and money transfer outlets prohibiting…
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Massive Demonstration by Taiz Teachers Demanding Payment of Overdue Salaries
The demonstrators demanded regular allowances and salary increases, citing the significant rise in the prices of goods and services that…
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Yemeni Fears Mount Over Repercussions of “Israeli-Iranian” Escalation on Trade and Transport
The Yemeni Presidency warned the international community against the dangers of exploiting Yemen as an arena for escalation, noting that…
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