Yemen asks IMF to facilitate loans

ADEN (Debriefer)--Yemen's government on Thursday requested the International Monetary Fund to facilitate loans needed to boost the national economy. The request was made by Minister of Finance Sali

Yemeni rial decline pushes exchange market to stop

Aden (Debriefer) - The Yemeni Aden-based exchangers union decided on Tuesday to stop foreign exchange transactions, following a spiral decline in the national money's value.The decision is based on

CB Yemen calls exchange agencies to establish united remittance web

Aden (Debriefer) - The Aden-based Central Bank of Yemen (CBY) on Sunday called on exchange offices to sign and contribute to the establishment of a united remittance system.The signature of the web'

Foreign team tasked with auditing Yemeni bank accounts

Aden (Debriefer) - The Yemeni prime minister on Saturday called for accelerated measures to task a foreign team with auditing the accounts of the Aden-based Central Bank of Yemen (CBY).Commissioning

Coalition supports oil black market across Yemen: Houthis

Sana'a (Debriefer) - The Arab coalition persistently denies oil tankers access to Hodeida port, the Houthi-run Yemeni Petroleum Company (YPC) said Wednesday, to "serve interests of the oil black mar

Saudi Arabia approves new withdrawal from cash deposit at CBY

Aden (Debriefer) - Saudi Arabia has approved the 39th withdrawal (of US$ 94 million) from the Saudi deposit at the Aden-based Central Bank of Yemen, the official government-run supreme economic coun

Yemeni rial recovers after gov't formation declared

Aden (Debriefer) - The Yemeni rial on Saturday saw tangible recovery against foreign currencies in Aden and other areas under official government control, banking sources said, hours after the new c

Loses in Yemen's GDP in past six years estimated at over $90 billion

NEW YORK (Debriefer)--The cumulative losses in Yemen's gross domestic product during the past six years have been estimated at more than $90 billion, the country's permanent representative to the Un

Arab coalition looted US$ 3.5-bln oil revenues: Houthis

Sana'a (Debriefer) - The Saudi-led coalition looted more than US$ 3.5 billion in revenues of 47,680,000 barrels of oil in last two years, the Houthi minister of oil and minerals said Monday, noting

Houthi PM hails success of central bank in stabilising rial in Houthi-run Yemen

SANAA (Debriefer)--Prime minister in the Houthi national salvation government Abdulaziz bin Habtour said on Sunday the stability of the Yemeni currency in Houthi-controlled regions in north and west

Yemeni rial relatively recovers in Aden after troop pullout

Aden (Debriefer) The Yemeni rial on Saturday saw relative recovery in Aden and other government-held areas, after record decline in the last few days.The national currency value improved at morning

Bread crisis in Aden as bakeries shut down over rial crisis

ADEN (Debriefer)--Long queues of people were seen at bakeries in Yemen's interim capital Aden on Tuesday after the currency crisis pushed the prices of wheat up, forcing many bakeries to shut down.&

Exchange companies partially resume operations in south Yemen

ADEN (Debriefer)--The Yemeni exchangers association announced that exchange companies on Sunday partially resumed their activities after three-day closures forced by the collapse of the national cur

Rial decline leads to banking firms closure in south Yemen

Aden (Debriefer) - The Aden-based Yemeni exchangers association late on Wednesday announced closure of all exchange firms, following the unprecedented depreciation suffered by national currency.For

Official calls for formation of Int'l team to review work of Yemen economic committee

CAIRO (Debriefer)--Advisor to Yemen's president, Hafiz Miyad, on Thursday called on the UN Yemen sanctions committee to form a specialised team to review the work of the Supreme Economic Committee d

Houthis say fuel crisis is over

SANAA (Debriefer)--The Houthi group on Wednesday said a 7-month fuel crisis in regions under its control and in western Yemen was over. Executive director of the Sanaa-based Yemen petroleum company

Three fuel ships arrive in Yemen's Hodeidah

SANAA (Debriefer)--Three ships carrying around 90 tons of fuels have arrived at Hodeidah seaport, the Houthi group said.Two ships carried 59.624 tons of benzene and the third 29.690 tons of diesel,

Yemen rial continues to fall against foreign currencies

ADEN (Debriefer)--Yemen's currency fell to its lowest level against the US dollar in southern regions on Sunday. It traded at 841 per US dollar in Aden, down from 215 when the war started.In the Hou