by Asma Al-Ghabiri | Jul 4, 2017 | Middle East
Jeddah- Houthi leaders in Sana’a admitted to losing no less than YER41.4 billion monthly of the fixed revenues, indicating their involvement in looting YER497 billion (USD14.6 billion) during 2016. Annual revenues in the Houthi-ruled regions reach YER48.4 billion...
by Asharq Al-Awsat | May 3, 2017 | Middle East
Taiz- Armed conflict intensified in al-Bayda battle fronts, Yemen, following an assault staged by members of the Popular Resistance against Houthi and Saleh militias and the seizure of strategic locations. Militias in their turn continued to randomly shell houses in...
by Asma Al-Ghabiri | Dec 27, 2016 | Business
Jeddah – Banks under control of insurgent militias are on the brink of bankruptcy, according to financial experts. Economical and financial experts stressed that the deposits that were supposed to be in the banks, are now in danger shall the government not intervene...
by Asharq Al-Awsat | Nov 13, 2016 | Middle East
Taiz, Aden- Yemeni cities are undergoing a national rage due to delayed salaries in the past three months by the Houthis, which are accused by the Yemeni government of robbing billions from the Central Bank of Yemen before being transferred into the temporary capital...
by Asharq Al-Awsat | Nov 13, 2016 | Business
London- The National Bank of Yemen has announced that it will issue on Sunday USD funds in the local market to be sold in a public auction—this step aims at providing a monetary liquidity of the current currency which is undergoing a tough condition in Aden and...
