The Cabinet, chaired by Prime Minister Salem Saleh bin Breik, held a regular meeting in Aden to discuss recent economic, financial, and service developments.
The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.
The Bank of Italy (the central bank) announced that the country's GDP grew by 0.3 percent in the first quarter of 2025 compared to the previous quarter, driven by an increase in consumption and investment, in addition to limited American demand.
Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.
ADEN-SABA
Prime Minister Dr. Ma'een Abdulmalik stressed that maintaining the economic, financial, administrative and monetary reforms the government has embarked on is imperative, underlining the importance of achieving the required standards of transparency and uprightness.
His remarks came as he chaired a meeting today in the temporary capital Aden devoted to discuss the arrangements the government has made to absorb the financial pledged by the Kingdom of Saudi Arabia (KSA) and United Arab Emirates (UAE).
The Governor of the Central Bank of Yemen (YCB) Ahmed Ghalib reported about the reformative measures have been taken to control commodity prices, exchange rates and regulating the financial market.
The Minister of Planning and International Cooperation cited the plans he discussed with the officials in charge in the KSA and UAE about pressing needs and top priorities that must be addressed in the areas of economy and finance and services.