Taiz Residents Bury 18 Victims of Houthi Shelling
Residents of Taiz Governorate on Friday buried 18 victims, most of them civilians, including Mushira and her father, who were killed when Iranian-backed Houthi militias shelled their home on Mount Saber.
GCC Secretary-General Welcomes UN Security Council’s Position on Houthi Attacks Against Saudi Arabia
The Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi has expressed his appreciation for the position conveyed by members of the United Nations Security Council in their presidential statement regarding the attacks carried out by the Houthi terrorist militia against the Kingdom of Saudi Arabia.
Brent Crude Futures Rise 12 Cents
Oil prices remained mostly unchanged in early Asian trading on Thursday following gains from the previous session and a sharp monthly increase.
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: ،
2026/10/24
Time
06:10:55
Latest News:
Spain Says Houthi Attacks on Civilian Infrastructure in Yemen and Saudi Arabia Fuel Regional Escalation
Arab League Condemns Houthi Attacks on Saudi Arabia’s King Fahd International Airport
European Parliament Calls for Designating Houthis Terrorist Organization, Confirms its Support for Yemeni ..
Foreign Minister Delivers Message from President al-Alimi to Chinese President
Houthi Militias Bombard Mosque, School in Jabal Saber, South of Taiz
Latest News:
Spain Says Houthi Attacks on Civilian Infrastructure in Yemen and Saudi Arabia Fuel Regional Escalation
Arab League Condemns Houthi Attacks on Saudi Arabia’s King Fahd International Airport
European Parliament Calls for Designating Houthis Terrorist Organization, Confirms its Support for Yemeni ..
Foreign Minister Delivers Message from President al-Alimi to Chinese President
Houthi Militias Bombard Mosque, School in Jabal Saber, South of Taiz
World Bank says Yemen faces significant economic hardships caused by continued Houthi blockade on oil exports
[01/11/2024 05:14]
ADEN - SABA
The World Bank said that Yemen is facing significant economic hardships caused by the continued Houthi blockade on oil exports.
According to the World Bank’s latest Yemen Economic Monitor (YEM) this blockade contributed to a 42 percent drop in fiscal revenues for the Internationally Recognized Government (IRG) in the first half of 2024, preventing it from providing essential services to the population.
The suspension of IRG oil exports, combined with a heavy reliance on imports, has intensified external pressures, leading to a depreciation of the Yemeni Rial in the Aden market from 1,619 per US dollar in January 2024 to 1,917 by the end of August
According to the report, "the conflict has as pushed most Yemenis into poverty, while food insecurity has reached historic levels, with over 60 percent of the population now facing inadequate access to food."
The World Bank said that Yemen is facing significant economic hardships caused by the continued Houthi blockade on oil exports.
According to the World Bank’s latest Yemen Economic Monitor (YEM) this blockade contributed to a 42 percent drop in fiscal revenues for the Internationally Recognized Government (IRG) in the first half of 2024, preventing it from providing essential services to the population.
The suspension of IRG oil exports, combined with a heavy reliance on imports, has intensified external pressures, leading to a depreciation of the Yemeni Rial in the Aden market from 1,619 per US dollar in January 2024 to 1,917 by the end of August
According to the report, "the conflict has as pushed most Yemenis into poverty, while food insecurity has reached historic levels, with over 60 percent of the population now facing inadequate access to food."
Key words:
August According - Internationally - According - depreciation - intensified - significant - contributed - insecurity - suspension - inadequate -
Taiz Residents Bury 18 Victims of Houthi Shelling
Spain Says Houthi Attacks on Civilian Infrastructure in Yemen and Saudi Arabia Fuel Regional Escalation
Arab League Condemns Houthi Attacks on Saudi Arabia’s King Fahd International Airport
Foreign Minister Delivers Message from President al-Alimi to Chinese President
Yemen, Türkiye Discuss Bilateral Relations and Latest Developments
Yemen, Japan Discuss Ways to Strengthen Parliamentary Cooperation
Human Rights Minister Discusses Houthi Violations with UN Human Rights Office
President al-Alimi: Houthi Militias Attacks On Civilian Airports Require World's Unity, As It Did Against ISIS, Al-Qaeda
Houthi Shelling Injures Two Civilians, Sets Factory Ablaze in Taiz
Yemen, Austria Discuss Strengthening Bilateral Cooperation
