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CBY announces providing private banks of foreign currency
The Central Bank of Yemen (CBY) has announced readiness to provide private and Islamic banks with foreign currency with a price of YR 506 for one USD or less.
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Deputy Oil Minister discusses resumption of oil block operation in Shabwah
[16/03/2017 11:10]
(Saba)- Deputy Oil Minister and Minerals Saeed al-Shamasi discussed on Tuesday with Executive Director of the Yemeni Company for Oil and Mineral Investments Dr. Abdullah Omair efforts exerted to resume work on four and five blocks in Shabwah.
Al-Shamasi stressed the importance of exerting efforts to resume the operation of all blocks.
For his part, Omair presented the efforts exerted by the company to accelerate the operation of the four and five blocks and the difficulties faced in different oil blocks.

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