Saudi Cabinet Condemns Houthi Allegations, Reaffirms Support for Yemen
Saudi Arabia's Cabinet has strongly condemned what it called baseless allegations and false accusations made by the Houthi militia, reaffirming the Kingdom's continued support for the Yemeni people and their internationally recognized government.
U.S. Extends Work Permits for Temporary Protected Status Holders
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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.
England Claim FIFA World Cup 2026 Bronze with Victory over France
England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.
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2026/07/21
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Latest News:
Bahrain Reaffirms Support for Yemen's Unity, Sovereignty
President al-Alimi: Houthi Militias-Controlled Regions Turned into Worst Place to Live on Earth
Health Minister, UNICEF Representative Discuss Expanding Support for Yemen's Health Sector
Yemen Calls on ICAO to Uphold International Aviation Law Following Airspace Violation
GCC Rejects Houthi Claims Against Saudi Arabia, Condemns Threats to Maritime Security
Hadi orders govt to restore food and services supply stability
[03/09/2018 10:03]
RIYADH-SABA
President Abd-Rabbu Mansour Hadi has ordered the government to take effective and urgent measures to restore the stability of food and services supply following this week's further devaluation of the Riyal from 550 to 600 against the US dollar and the soar of prices of basic commodities.
In a meeting of the national Economic Committee attended also by the Vice President and Prime Minister on Sunday evening, Hadi called for resuming oil and liquefied natural gas exports to bring in hard currency, an efficient collection of taxes, spending cuts and pay rise for civil servicemen among other measures to tackle the situation.
"We know the magnitude of the challenges, the economic impact of the Houthi militia's unrelenting war on the nation and confiscation of foreign cash reserves to finance the war. Nevertheless, we are not absolved from stepping up efforts to take tackling measures and start building a new economy right from scratch," he said.
President Abd-Rabbu Mansour Hadi has ordered the government to take effective and urgent measures to restore the stability of food and services supply following this week's further devaluation of the Riyal from 550 to 600 against the US dollar and the soar of prices of basic commodities.
In a meeting of the national Economic Committee attended also by the Vice President and Prime Minister on Sunday evening, Hadi called for resuming oil and liquefied natural gas exports to bring in hard currency, an efficient collection of taxes, spending cuts and pay rise for civil servicemen among other measures to tackle the situation.
"We know the magnitude of the challenges, the economic impact of the Houthi militia's unrelenting war on the nation and confiscation of foreign cash reserves to finance the war. Nevertheless, we are not absolved from stepping up efforts to take tackling measures and start building a new economy right from scratch," he said.
Key words:
SABA President - Nevertheless - confiscation - devaluation - unrelenting - commodities - challenges - collection - servicemen - government -
Saudi Cabinet Condemns Houthi Allegations, Reaffirms Support for Yemen
Bahrain Reaffirms Support for Yemen's Unity, Sovereignty
President al-Alimi: Houthi Militias-Controlled Regions Turned into Worst Place to Live on Earth
Health Minister, UNICEF Representative Discuss Expanding Support for Yemen's Health Sector
Yemen Calls on ICAO to Uphold International Aviation Law Following Airspace Violation
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