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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Gold Prices Remain Steady Amid Anticipated Weekly Decline
Gold prices have stabilized at $4,622.41 per ounce, despite a previous session's gain. The market is bracing for a potential…
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Dollar Strengthens as Oil Prices Surge Amid Inflation Fears
The dollar has reached its highest level in over two weeks, driven by tightening monetary policy signals from the Federal…
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Central Bank of Yemen’s Board Addresses Economic Reforms and Monetary Stability
The Central Bank of Yemen's Board of Directors concluded its fourth meeting of 2026, focusing on economic reforms and strategies…
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Gold Prices Rebound After Declining to One-Month Low
Gold prices have seen a recovery following a recent dip, attributed primarily to a decline in the value of the…
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SABIC Reports 13.2 Million Riyals Profit in Q1 2026, Signifying Financial Recovery
Saudi Basic Industries Corporation (SABIC) has posted a net profit of 13.2 million Riyals in the first quarter of 2026,…
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OPEC Fund Introduces E-STAR Initiative to Foster Economic Stability
The OPEC Fund for International Development has unveiled the E-STAR initiative, a $1.5 billion program aimed at helping partner countries…
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Central Bank Governor Ahmed Ghaleb Advocates for Enhanced Economic Cooperation with Germany
In a meeting with the German Ambassador to Yemen, Central Bank Governor Ahmed Ghaleb discussed strategies to strengthen economic cooperation…
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Egypt Anticipates 99.8 Billion EGP in Savings from Recent Fuel Price Increases
The Egyptian Ministry of Finance projects that recent fuel price hikes will lead to savings of approximately 99.8 billion EGP…
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Bank of Japan Holds Steady on Interest Rates Amid Inflationary Pressures
The Bank of Japan has opted to keep interest rates unchanged at 0.75%, amidst rising inflation concerns fueled by geopolitical…
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Egypt Forecasts 99.8 Billion EGP Savings from Upcoming Fuel Price Increases
The Egyptian Ministry of Finance projects significant savings of approximately 99.8 billion EGP resulting from fuel price increases in the…
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