Middle-east Arab News Opinion | Asharq Al-awsat

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Smoke rises following airstrikes allegedly carried out by the Saudi-led alliance, in Sana’a, Yemen, 6 January 2016. EPA

Saudi-led Arab Coalition Responds to Houthi-led Attack on UAE Aid Ship

by Mohamed Ali Mohsen | Oct 3, 2016 | Middle East

Aden, Cairo- Saudi-led Arab coalition running a military campaign to restore Yemen’s legitimacy launched a series of intensified airstrikes against various sights in Houthi-held Sana’a on Sunday. The raids come in response to Houthi militants claiming a previous...

Power Supply Projects Kickoff Anticipated after Relocating Yemen’s Central Bank

by Mohamed Ali Mohsen | Oct 2, 2016 | Middle East

Aden – Yemen’s government led by President Abd Rabbuh Mansur Hadi confirmed on Saturday that the power shortage, caused by war, will be effectively addressed. President Hadi ordered the release of supportive Gulf grants, estimated to amount to $210 million, which were...

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The Vice President of the World Bank for the Middle East and North Africa Hafez Ghanem

Yemen’s Central Bank is Technically Ready to Function in Aden

by Mohamed Ali Mohsen | Sep 24, 2016 | Business, Middle East

Aden-The Yemeni government has taken all measures to guarantee the technical functioning of the Central Bank after moving it to Aden away from the control of the Houthi militias and former President Ali Abdullah Saleh, government sources said. The sources hinted in...

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Workers count Yemeni currency at the Central Bank of Yemen in Sanaa August 24, 2016. REUTERS/Khaled Abdullah

Yemeni Businessmen Forced to Transfer Their Money to Central Bank

by Mohamed Ali Mohsen | Sep 15, 2016 | Business

Aden – Yemeni businessmen are being forced to transfer their money to the Yemeni Central Bank (YCB) under the control of the Houthis and forces of former president of Ali Abdallah Saleh. Sources told Asharq Al-Awsat newspaper that the insurgents required the...

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Yemeni girls sit on the back of a camel-drawn cart as people gather in the street during celebrations for Eid al-Fitr in Aden’s northern Dar Saad district on July 6, 2016.PHOTO: AFP

Lack of Liquidity Aggravates Yemenis’ Struggles

by Mohamed Ali Mohsen | Sep 14, 2016 | Middle East

Aden – Yemenis in the southern and eastern districts of the country are suffering of liquidity crisis which adds more problems to their already troubled life. Because of the economic situation, many Yemenis were not able to celebrate Eid al-Adha on Monday or buy new...