Economy
Read the pulse of the economy and what the numbers actually mean. Market movements, fiscal reports, currency and prices, energy and investment — the forces shaping Yemen’s economy and its place in the wider world.
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Algeria Launches International Tender for Wheat Flour Acquisition
Algeria's Professional Grain Office has initiated an international tender for wheat flour, seeking to diversify its supply sources amid changing…
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Sri Lanka to Introduce Digital Services Tax to Enhance Revenue
Sri Lanka is set to implement a digital services tax and increase the financial services tax as part of a…
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Turkey’s Inflation Rate Surges to 32.37%, Outpacing Expectations
Turkey's inflation rate has unexpectedly surged to 32.37% in April, exceeding expert forecasts. Rising fuel prices have compounded inflationary pressures,…
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Dutch Manufacturing Sector Achieves Highest Growth Since 2022 Amid Economic Uncertainties
Recent S&P Global data indicates that the Dutch manufacturing sector expanded significantly in April 2023, reaching its highest growth levels…
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UK Transport Ministry Approves Flight Merging to Enhance Fuel Efficiency
The UK Transport Ministry has announced a temporary measure enabling airlines to merge flights, aiming to reduce fuel consumption and…
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Gold Prices See Modest Recovery After Recent Declines
Gold prices experienced a slight increase on Friday, recovering some previous losses despite ongoing market pressures. Investors remain vigilant as…
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Official Launch of BYD Electric Vehicle Union Marks a Milestone in Aden
The International Union for Electric Vehicles (BYD) has officially launched in Aden, showcasing Yemen's commitment to modern transportation and sustainable…
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U.S. Dollar Poised for Largest Weekly Loss Against Japanese Yen Since February
The U.S. dollar is experiencing its most significant weekly decline against the Japanese yen since February, following interventions by Japanese…
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Japanese Yen Experiences Minor Decline Against Dollar, Yet Weekly Gains Remain Robust
The Japanese yen has slightly weakened against the dollar, reaching 156.99 yen per dollar. However, the currency is set to…
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Oil Prices Surge Over $1 Amid Escalating Middle East Tensions
Oil prices increased by more than a dollar today due to heightened tensions in the Middle East. This surge raises…
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