Oil Tanker detention costs US$ 4 million: Sana'a YPC

Sana'a (Debriefer) - The detention of 'Damas' oil tanker has cost over US$ 4 million in demurrage, the Houthi-run Yemeni Petroleum Company (YPC) said Sunday.Having been detained by the Arab coalitio

Emirati seizure over Balhaf facility inflicts Yemen US$20-billion losses

Shabwa (Debriefer) - Yemeni activists have called on official government to eject Emirati forces out of the Shabwa-based Balhaf facility and port used to export oil and liquefied gas, amid fears tha

CBY adopts new measures to control exchange rates in Yemen

Aden (Debriefer) - The Aden-based Central Bank of Yemen (CBY) on Sunday adopted new measures to tackle volatilities of exchange rates and regulate banking and transfer transactions in the war-torn c

Quartet concerned at Yemen's dwindling foreign cash reserves

Riyadh (Debriefer) - The British-Emirati-Saudi-US quartet group has expressed concern at Yemen's depletion of foreign currency reserves and the corresponding increase in food prices."The Ambassadors

Deal reached to end protest of army retirees in Aden

ADEN (Debriefer)--Aden governor Ahmed Lamlas and the supreme authority for the army retirees on Sunday reached a deal to end a week-long protest by army retirees at Aden seaport. Army retirees have

Houthis are blackmailing banks, exchange firms, government says

RIYADH (Debriefer)--The Ansar Allah group, known as the Houthis, is blackmailing banks and money exchange firms in regions under its control, the Yemeni government has said.Information minister, Mua

Yemeni rial experiences persistently unprecedented depreciation

Aden (Debriefer) - The Yemeni currency has continued declining against foreign moneys in Aden and other provinces controlled by the UN-recognized government, leading to sharp increase in prices, as

Islah Party responsible for currency depreciation, Houthis say

SANAA (Debriefer)--The Houthi supreme economic committee has warned of further depreciation of the Yemeni currency in regions run by the internationally recognised government. The Islah Party is fu

CBY pauses money exchange at private firms to stop Yemeni rial decline

Aden (Debriefer) - The Yemeni rial kept on declining against foreign moneys in Aden and other areas under the official government control, where one US dollar is exchanged for 810 rials, recording t

Fiscal performance controlled with prevention of new banknotes circulation, Houthis

SANAA (Debriefer)--The Sanaa-based salvation government has said that the decision to prevent the circulation of the newly printed banknotes in Houthi-run regions has worked and exposed fiscal misma

Taiz protest blames Arab coalition for Yemeni rial collapse

Taiz (Debriefer) - Tens of Yemeni protesters in Taiz on Saturday blamed the Saudi-led Arab coalition for the national currency's collapse, ports' inactivity, seizure of government's decision and pre

Yemeni govt says Houthis create oil crisis to boost black market

Aden (Debriefer) - The Houthi group deliberately creates oil crisis, the Yemeni government-run supreme economic council (SEC) said Saturday, accusing the militias of boosting the oil black market in

Observers warn of further depreciation of Yemen currency 

ADEN (Debriefer)--Economists and bankers on Thursday warned of further depreciation of the Yemeni currency in coming days in regions controlled by the internationally recognized government.The Yemen

Houthis raid stores, confiscate millions of new banknotes in east Taiz

TAIZ (Debriefer)--The Houthi Group on Wednesday raided exchange, gold and other stores in regions under its control in east Taiz province and confiscated millions of Yemeni rials of new banknotes th

Joint forces breached ceasefire in Hodeidah more than 3.000 times in August, Houthis say

SANAA (Debriefer)--The Houthi Group on Wednesday accused the Yemeni joint forces of breaching a ceasefire in Hodeidah province more than 3.000 times during August.The breaches included building 37 c

Yemeni rial falls to lowest level against dollar in government-run regions

ADEN (Debriefer)--The Yemeni rial has fallen to its lowest level ever against the US dollar in the interim capital Aden and other regions run by the government.One US dollar is currently buying 795

Yemeni Red Sea ports 5-year losses exceed US$2 billion: Houthis

Hodeida (Debriefer) - The Saudi-led 5-year-old military operations in Yemen have caused the Yemeni Red Sea ports corporation losses of US$ 2.16 billion, the corporation (YRSPC) said Monday.In a stat

Riyadh OKs withdrawal from Saudi deposit to boost Yemeni economy

Riyadh (Debriefer) - Riyadh has approved the 38th withdrawal from the Saudi deposit, the Yemeni official government-run supreme economic council (SEC) tweeted on Tuesday.The US$ 61.5-million-worth p