Minister: The coming days will witness an economic breakthrough

President al-Alimi Meets with Prime Minister, Yemen’s Delegation Participating in Washington meetings

His Excellency President Dr. Rashad Mohammed al-Alimi, the Chairman of the Presidential Leadership Council, met Saturday with the delegation participating in the 2026 Spring Meetings of the World Bank Group and the International Monetary Fund in the presence of the Prime Minister Dr. Shaya Zindani.

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.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

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: ، 2026/04/26 Time 12:54:09
Latest News:

Al-Khanbashi meets with British Ambassador

Aden Governor praises Doctors Without Borders humanitarian assistance

President al-Alimi: We're very keen to improve basic services in al-Dhale'a governorate

Minister of Planning looks for further Korean support

Vice Foreign Minister meets with Japanese Ambassador

Minister: The coming days will witness an economic breakthrough

[21/12/2021 04:58]

Aden - Saba
The Minister of Industry and Trade, Muhammad Al-Ashwal, said that the coming days will witness a breakthrough in the economic situation in the liberated governorates, and that the gradual recovery of the local currency, the Yemeni riyal against foreign currencies, is a positive indicator that reflects the importance of the decision of His Excellency President Abd-Rabbu Mansour Hadi, regarding replacing the Board of Directors the Central Bank of Yemen in the temporary capital Aden.

In a statement to the Yemeni News Agency (Saba), Minister Al-Ashwal affirmed the keenness of the government and the Ministry of Industry and Trade to overcome all difficulties and implement a package of possible measures to avoid the accelerating collapse of the local currency, noting that the Prime Minister, Dr. Maeen Abdulmalik, held several emergency sessions to discuss the general situation and form an economic committee to study solutions to limit the continuation of the catastrophic economic and financial deterioration, and the accompanying large rise in commodity prices.

The Minister of Industry called on the merchants and the Chamber of Commerce and Industry to respond to the current data and the new price changes and to reduce the prices of commodities.