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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Egypt Set to Receive $300 Million from Asian Infrastructure Investment Bank
Egypt is poised to secure $300 million from the Asian Infrastructure Investment Bank to bolster its external financing needs. This…
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Turkey Extends Short Selling Ban to Stabilize Financial Markets Amid Economic Challenges
The Turkish Capital Markets Authority has extended the short selling ban on stocks until May 26, aiming to stabilize financial…
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China’s Shipbuilding Sector Achieves 46% Growth in Q1 2026, Reinforcing Global Dominance
China's shipbuilding industry reported a 46% increase in production for the first quarter of 2026, reinforcing its position as the…
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Central Bank of Yemen Issues Urgent Warning Against Houthi-Backed Illegal Auctions
The Central Bank of Yemen has issued a warning to citizens and businesses, cautioning against illegal transactions involving bank assets…
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Oil Prices Surge Amid Escalating Middle Eastern Tensions
Oil prices have risen sharply due to renewed tensions in the Middle East. This surge reflects mounting investor concerns and…
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China Achieves Significant Trade Growth Amid Global Tensions
Despite rising tensions, China has reported impressive growth in foreign trade for April, with notable increases in both exports and…
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Central Bank of Russia Adjusts Exchange Rates for Dollar, Euro, and Yuan
The Central Bank of Russia has announced a reduction in the exchange rates for the dollar, euro, and yuan against…
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Dollar Gains Ground in Asian Trading as Yen Remains Steady
The dollar rose against most major currencies in the Asian trading session, while the Japanese yen exhibited remarkable stability. This…
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U.S. Crude Oil Prices Surge 3% Amid Global Market Optimism
U.S. crude oil futures saw a significant rise of approximately 3% during early trading, driven by factors such as improved…
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Industrial Orders in Germany Increase by 5% in March, Indicating a Positive Shift in Manufacturing
Germany's industrial orders rose by 5% in March, exceeding expectations and suggesting a potential recovery in the manufacturing sector. This…
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