Hadi orders Economic Committee to address causes of Riyal depreciation

President Al-Alimi Praises Armed Forces Readiness and Heroic Resilience

His Excellency President Dr. Rashad Mohammed Al-Alimi, Chairman of the Presidential Leadership Council and Supreme Commander of the Armed Forces, held phone calls with Minister of Defense Taher al-Aqili and Chief of the General Staff Sagheer bin Aziz to assess the combat readiness of the armed forces and extend his congratulations to military personnel across all fronts on the occasion of Eid al-Fitr.

Arab League Calls for Confronting Rising Anti-Muslim Hate

The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.

Italian Industrial production falls 0.6 percent

Industrial production in Italy experienced an unexpected decline of 0.6 percent in January compared to December, according to seasonally and calendar-adjusted figures.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/03/21 Time 02:45:04
Latest News:

President al-Alimi congratulated Tunisian President on Independence Anniversary

Interior Minister inspects checkpoints in Aden on Eid day

President al-Alimi congratulates former presidents on Eid al-Fitr

President al-Alimi: Signs of victory clearly seen, partnership with SAK safe haven for entire region

Yemen Condemns Iranian Attacks Targeting Energy Facilities in Saudi Arabia and GCC States

Hadi orders Economic Committee to address causes of Riyal depreciation

[01/10/2018 01:07]

RIYADH-SABA
President Abd-Rabbu Mansour Hadi has ordered the Economic Committee tasked with addressing the dramatic depreciation of the national currency to continue its extraordinary meetings to address the causes of the depreciation issue.

Hadi chaired a meeting of the Committee on Monday in the presence of his deputy Ali Mohsen Saleh and prime minister Ahmed bin-Daghr.

The Riyal has plummeted drastically, trading at 790 for one US dollar, down from 215 before the Houthi coup in 2014.