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 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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Sudan’s Initiative to Revive One Million Acre Wheat Cultivation Project
Sudan is making strides to revive its plan to cultivate one million acres of wheat, a critical move towards enhancing…
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Turkey Introduces Comprehensive Financial and Tax Incentives to Enhance Investment Competitiveness
The Turkish government has unveiled a new package of financial and tax incentives aimed at improving the nation's investment climate…
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Turkey Introduces Financial and Tax Incentives to Boost Economic Competitiveness
Turkey has unveiled a new package of financial and tax incentives designed to enhance its economic competitiveness and attract foreign…
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