High Economic Council endorses package of measures to manage economic, financial challenges

Defense Minister discusses security, military developments

Defense Minister Major General Dr. Mohsen al-Daeri discussed Thursday with British Ambassador to Yemen Abda Sharif latest developments in security and military situations and ways to enhance cooperation in training and qualification.

Bulgaria Launches First Innovation Centre for Internal Security

Bulgaria's Prime Minister, Rosen Zhelyazkov, inaugurated the country's first innovation centre dedicated to internal security, AXON lab, at the Academy of the Interior Ministry on Friday. The centre focuses on training and applying modern technologies in law enforcement.

Foreign currency reserves in Egypt increase up to $49.036 billion

The Central Bank of Egypt announced an increase in the net foreign currency reserves to $49.036 billion by the end of July 2025, compared to approximately $48.700 billion at the end of June, with an increase of $336 million.

Saudi Al-Hilal FC Eliminated from FIFA Club World Cup After 2-1 Defeat to Fluminense

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.

Last Update: ، 2025/08/07 Time 06:36:44
Latest News:

President al-Alimi meets with the leaders of the National Coalition of the Political Parties

United States Praises Yemeni Security Forces for Interdicting Large Quantity of Hashish

Presidential Council Member Reviews Efforts to Operate Aden Refineries and Secure Fuel for Electricity

Maj. General al-Zubaidi warns of cooperation between Houthi militias and Somalis Shabab movement, al-Qaeda

FM, South Africa Ambassador discuss joint cooperation

High Economic Council endorses package of measures to manage economic, financial challenges

[03/01/2023 04:41]

ADEN - SABA
The High Economic Council (HEC) has approved an array of procedures to handle the topical issues in the economic and financial fields, maintain the relatively stability in the national currency exchange rates and average prices.

In its session today, Tuesday, presided over by Prime Minister Dr. Ma'een Abdulmalik in the temporary capital Aden the HEC discussed a number of suggestions put forward by Minister of Finance Salim bin Bureik and Governor of the Central Bank of Yemen Ahmed Ghalib about the measures need to be taken to rationalize spending, increase revenues and handle the repercussions of the Terrorist Houthi militias' attacks on oil facilities upon the economic and humanitarian situations.

The HEC has adopted a number of policies aiming to enhance and diversify revenues, broaden their conduits and ensure delivering them to the government's official account.