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Fear in Yemen's Southern Transitional Council over possible secessionist intentions in Hadramaut

Abd al-Rahman Rabbuh al-Mansur al-Hadi announced his decision to leave Yemen's government on 7 April this year, a dec ....

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Houthi oil facility attacks blamed for Yemeni riyal's new slide

AL-MUKALLA: The Yemeni riyal began plummeting in government-controlled areas this week, days after the head of the Presidential Leadership Council said his government will be unable to pay public employees due to Houthi strikes. The riyal was exchanged at 1,200 per dollar in Aden, Al-Mukalla and other liberated areas on Tuesday compared to 1,170 last week, erasing months of ....

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Yemen to be Hit Hardest by The Russian-Ukraine Crisis

Yemen to be Hit Hardest by The Russian-Ukraine Crisis
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Yemen: UN demands Houthis release abducted workers, prices plunge amid riyal rebound

AL-MUKALLA: Two UN bodies working in Yemen have accused the Iran-backed Houthis of abudcting two of their Yemeni workers in Sanaa, demanding their immediate release. Audrey Azoulay, director general of UNESCO, and Michelle Bachelet, UN high commissioner for human rights, said in a joint statement that the Houthis abducted two workers early in November in Sanaa. The militia ....

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Yemeni rial bounces back as central bank restructured

AL-MUKALLA: The Yemeni rial recovered on Tuesday by roughly 30 percent hours after the Yemeni president reshuffled the country’s central bank board in a bid to rein in the rapid currency devaluation. Local moneychangers told Arab News that the Yemeni rial began bouncing back on Monday night when President Abed Rabbo Mansour Hadi dismissed the governor of the Aden-based central ....

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