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Yemeni government takes new measures to curb devaluation of riyal

AL-MUKALLA: The Central Bank of Yemen on Monday closed six exchange firms and shops for not complying with its anti-speculation regulations, bringing the total number of outlets blacklisted since Saturday to 60. The Aden-based bank vowed to crack down on more money traders if they did not abide by the bank’s monetary rules, warning others against dealing with the banned

Century-old grievances continue to fester in Yemen s Tihama region

Grievances have been piling up unaddressed in Tihama, Yemen’s Red Sea coastal plain, for almost a hundred years. Since the revolt of al-Zaraniq against Imam Yahya Hameed al-Din of the Mutawakkilite Kingdom (then North Yemen) in 1925-26, consecutive Imams and the republican elite have pursued policies that have systematically marginalized the Tihamis. They have been deprived of a fair share of their region’s wealth, as well as opportunities for equitable power-sharing and economic empowerment.

UN envoy calls for inclusive settlement to end Yemen crisis

LONDON: UN special envoy for Yemen Hans Grundberg called for an “inclusive political settlement” to end the conflict as he concluded his first visit to the country on Wednesday. “There is an urgent need to change course and work toward an inclusive political settlement that comprehensively ends the conflict and allows Yemen to recover and develop,” Grundberg said. During his

US welcomes return of Yemeni prime minister to Aden

US welcomes return of Yemeni prime minister to Aden
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