Shura Council Reaffirms Absolute Rejection of Any Projects Outside the Framework of the State
The Shura Council reaffirmed its absolute rejection of any projects outside the framework of the state, reiterating that the core battle remains the restoration of state institutions, ending the coup and reclaiming the unified national path.
Massive 7.0 Magnitude Earthquake Strikes Alaska, USA
A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).
Gold Prices Stabilize as Investors Await Key US Data Release
Gold prices remained steady today, Friday, after rising US Treasury yields offset the dollar's weakness, as investors await crucial US economic data releases.
CAF Unveils Official Mascot for 2025 Africa Cup of Nations in Morocco
The Confederation of African Football (CAF) and the Local Organizing Committee unveiled the official mascot for the 2025 Africa Cup of Nations in Morocco, named "Asad" (Lion), embodying a symbol of African pride and passion for football.
Last Update: ،
2025/12/11
Time
01:43:43
Latest News:
Presidential Leadership Council Member al-Aradah Discusses Latest Developments with German Ambassador
Vice Foreign Minister meets Head of Bilateral Relations Department at German Foreign Ministry
Leadership Council Member Al-Arada Chairs Meeting with Senior Security Officials
Vice FM Meets Number of German Organisations
Yemen Political Parties Reject Unilateral Actions in Shabwa, Hadramout, and Mahra
Latest News:
Presidential Leadership Council Member al-Aradah Discusses Latest Developments with German Ambassador
Vice Foreign Minister meets Head of Bilateral Relations Department at German Foreign Ministry
Leadership Council Member Al-Arada Chairs Meeting with Senior Security Officials
Vice FM Meets Number of German Organisations
Yemen Political Parties Reject Unilateral Actions in Shabwa, Hadramout, and Mahra
CBY Governor: Yemen has lost more than $6 billion within the recent 30 months
[24/10/2024 05:04]
WASHINGTON - SABA
The Governor of the Central Bank of Yemen (CBY) Ahmed Ghaleb has confirmed that Yemen has lost more than six billion dollars of its own resources during the previous thirty months only, as a result of the suspension of oil and gas exports due to the attacks of the Houthi terrorist militias on oil ports and tankers, adding to targeting international navigation in the Red Sea.
"As a result, costs of transportation and insurance redoubled, supply chain disrupted, food insecurity seriouslt deteriorated and poverty rates exceeded 80%", Ghalib said.
He made his statements as he contributed today, Thursday, to the meeting of central bank governors and finance ministers of the Middle East, North Africa and Pakistan, on the sidelines of the annual meetings of the IMF and the World Bank, held in Washington, DC.
Minister of Finance Salem bin Braik also contributed to the meeting's deliberations.
The meeting was chaired by the Managing Director of the IFM Ms. Kristalina Georgieva.
Ghalib touched on the unprecedented humanitarian crisis that Yemen has been experiencing as a result of the Iran-backed Houthi militias' coup and war, which has been going on for 11 years and due to unfavorable regional and international developments and their repercussions on the region and the world, including Yemen.
The Governor of the CBY called for an urgent support to Yemen to bail out the Yemeni national economy and sustain the government's efforts to manage the economic hardships.
The Governor of the Central Bank of Yemen (CBY) Ahmed Ghaleb has confirmed that Yemen has lost more than six billion dollars of its own resources during the previous thirty months only, as a result of the suspension of oil and gas exports due to the attacks of the Houthi terrorist militias on oil ports and tankers, adding to targeting international navigation in the Red Sea.
"As a result, costs of transportation and insurance redoubled, supply chain disrupted, food insecurity seriouslt deteriorated and poverty rates exceeded 80%", Ghalib said.
He made his statements as he contributed today, Thursday, to the meeting of central bank governors and finance ministers of the Middle East, North Africa and Pakistan, on the sidelines of the annual meetings of the IMF and the World Bank, held in Washington, DC.
Minister of Finance Salem bin Braik also contributed to the meeting's deliberations.
The meeting was chaired by the Managing Director of the IFM Ms. Kristalina Georgieva.
Ghalib touched on the unprecedented humanitarian crisis that Yemen has been experiencing as a result of the Iran-backed Houthi militias' coup and war, which has been going on for 11 years and due to unfavorable regional and international developments and their repercussions on the region and the world, including Yemen.
The Governor of the CBY called for an urgent support to Yemen to bail out the Yemeni national economy and sustain the government's efforts to manage the economic hardships.
Key words:
transportation - deliberations - repercussions - international - unprecedented - humanitarian - government's - Minister - developments - experiencing -
Shura Council Reaffirms Absolute Rejection of Any Projects Outside the Framework of the State
Presidential Leadership Council Member al-Aradah Discusses Latest Developments with German Ambassador
Vice Foreign Minister meets Head of Bilateral Relations Department at German Foreign Ministry
Leadership Council Member Al-Arada Chairs Meeting with Senior Security Officials
Vice FM Meets Number of German Organisations
Yemen Political Parties Reject Unilateral Actions in Shabwa, Hadramout, and Mahra
UNESCO Adds Hadrami Dan to Intangible Cultural Heritage List
Foreign Minister Zindani Meets with UN Special Envoy
Al-Mahrami urges doubling down efforts to maintain oil derivatives supplies
Amb. al-Ashbi discusses trade cooperation with Pakistani Commerce Minister
