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...
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...
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...
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...
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...
