Yemeni gov't takes measures to stop rial depreciation

Riyadh (Debriefer) - The Yemeni official government on Tuesday adopted a package of measures aimed to curb economic deterioration and national currency's free fall against foreign moneys.The US$ exc

Houthi proposal replacing banknotes with coins in group-held areas

Sana'a (Debriefer) - Member of the Houthi Supreme Political Council on Thursday asked the Sana'a-based Central Bank of Yemen (CBY) to use coins in place of banknotes, in an attempt to tackle cash sc

Association orders to suspend trade in foreign currencies in south Yemen

ADEN (Debriefer)--The Yemeni Exchangers Association on Monday ordered to suspend trade in foreign currencies in south Yemen as of Tuesday after the national currency dropped to the lowest level sinc

Remittances suspended amid sharp depreciation of rial in government-run Yemen

ADEN (Debriefer)--The Yemeni Exchangers Association announced on Monday it was suspending all financial remittances until a further notice because of the sharp depreciation of the national currency.

Yemeni gov't: Five int'l oil companies resume work soon

Shabwa (Debriefer) - Five international oil companies will resume activity in Yemen within few months, oil minister in the UN-recognized government said Monday, as security conditions improved in oi

Lebanon to release Yemeni funds

BEIRUT (Debriefer)--The governor of the Central Bank of Lebanon Riad Salemeh on Friday said he is putting pressure on Lebanese banks to release funds of Yemeni banks held in Beirut. At a meeting wi

Yemeni rial records new decline in Aden

Aden (Debriefer) - The Yemeni national currency on Tuesday recorded an unprecedented decline in Aden and other areas under government control."One dollar is sold with 935-940 Yemeni rials," bankers

Five international oil firms resume operations in Yemen

RIYADH (Debriefer)--The Minister of Oil and Minerals in the internationally recognised government Abdulsalam Ba'aboud revealed on Friday that five international oil companies have resumed their oper

Yemen suffers worst fuel crisis in 60 years: Houthis

Sana'a (Debriefer) - Yemen is experiencing the worst fuel shortage in 60 years leading to the world's worst humanitarian crisis, the Sana'a-based Yemeni Petroleum Company (YPC) said Monday, blaming

Yemeni national currency further declines in gov't-held areas

Aden (Debriefer) - The US dollar exceeded 900 Yemeni rials late on Monday at local exchange markets in Aden and other Yemeni provinces under the official government's control.This is the highest dep

Houthis sell fuel arriving through Hudaydah in black market, council says

ADEN (Debriefer)--The Supreme Economic Council of Yemen's internationally recognised government said on Saturday the Houthi group is selling most of the fuel imports that arrive through Hudaydah sea

Yemeni gov't allows oil tankers in Hodeida port, Houthis deny

Aden (Debriefer) - The Yemeni UN-recognized government has allowed a number of oil tankers access to the Red Sea port of Hodeida for humanitarian reasons, Yemen's foreign minister tweeted on Wednesd

UN oil tanker arrives at Hodeida port west Yemen

Sana'a (Debriefer) - An oil tanker has arrived at the Yemeni western port of Hodeida granted by the United Nations as humanitarian assistance, the Houthi-appointed director of the Sana'a-based Yemen

Rial records relative rise as Saudi Arabia offers $422 million fuel donation for Yemen

ADEN (Debriefer)--The rial recorded a relative rise against foreign currencies in the interim capital Aden and other regions controlled by the internationally recognised government on Wednesday after

Yemen oil and gas sector losses estimated at over $45 billion, say Houthis

SANAA (Debriefer)--Yemen's Oil and Minerals Ministry which is run by the Houthi group said on Saturday the oil and gas sector has lost around $45.5 billion in revenue because of the war. The Petrol

Sana'a airport closure, bombing cost US$ 4 billion: Houthis

Sana'a (Debriefer) - Closing and targeting the Sana'a international airport by the Saudi-led coalition have cost more than US$ 4 billion, the Houthi-appointed director of Sana'a airport said Tuesday

Oil tanker heads for unknown after detained by coalition: Sana'a YPC

Sana'a (Debriefer) - One of the oil tankers detained by the Saudi-led coalition off Jizan has headed for unknown direction, director of the Sana'a-based Yemeni Petroleum Company (YPC) said late on S

Sana'a YPC says oil tankers 2-month detention cost US$ 32 million

Sana'a (Debriefer) - The Saudi-led coalition's detention of oil tankers off Hodeida seaport left US$ 32 million in demurrage since the beginning of 2021, spokesman for the Sana'a-based Yemeni Petrol