Aden local authority, private sector approve measures to stabilize prices

Interior Minister, EU Ambassador Discuss Strengthening Security Cooperation

Interior Minister Major General Ibrahim Haidan discussed Tuesday with EU Ambassador to Yemen Patrick Simonnet and Dutch Ambassador to Yemen Jeannette Seppen ways to strengthen cooperation in the security sector.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

Gold Rises Over 1 Percent

Gold prices rose more than one percent today, Thursday, as investors digested the U.S. interest rate hike and hints of further monetary tightening, while the rally in oil prices came to a halt.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/09/22 Time 04:37:19
Latest News:

Minister of Agriculture Discusses Animal Health Project with Pandemics Fund

G7: Developments in Yemen, Red Sea Constitute Threat to Regional Stability, Security, Freedom of Navigation

President al-Alimi Receives Reply Message from Emir of Kuwait

Human Rights Ministry Condemns Houthi Missile Attack on Popular Market in Lahj

Arab Foreign Ministers Discuss Regional Developments and Yemen

Aden local authority, private sector approve measures to stabilize prices

[05/09/2018 05:06]

ADEN -SABA
A joint meeting between the local authorities and the private sector of Aden on Wednesday has approving a set of measures to stabilize the prices of basic commodities and the exchange rate of the Yemeni Riyal against the US dollar as set earlier by the country's central bank.

The meetingbrought together the acting governor of Aden Ahmed Salmin, the deputy governors, members of the Chamber of Commerce, the ministry of industry and trade, and a number of money exchangers.

The meeting decided to stabilize the exchange rate of YR 497 versus the US dollar and to cover the finance of importing staple commodities through opening the central bank'sletters of credit to all traders without exception.

It also approved the suspension of all unlicensed money exchange businessesand the referral of commodity price manipulators to the Public Prosecution.