YEMEN - The dollar’s exchange rate exceeded YR 200, reaching a rate of YR 204, despite the Central Bank’s efforts to put millions of dollars into circulation in the exchange market to fix the exchange rate, which has been deteriorating in an unprecedented way since the beginning of the year.
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CBY pumps overall amount of $ 471 into market, dollar continues climbing
Jul 2, 2009 - 11:48:37 PMPrivate sector in Yemen should express gratitude with corporate social responsibility programs
Jun 27, 2009 - 4:32:38 PM
The second Corporate Citizenship & Social Responsibility Conference called the private sector to enhance its partnership with the community in order to express gratitude towards the community,...
World Customs Organization held its annual meeting
Jun 27, 2009 - 4:30:49 PM
Yemen took part in an annual meeting of the World Customs Organization which was held in Brussels on the 25th through 27th of June.
Yemen receives $ 1 billion in remittance annually
Jun 27, 2009 - 4:29:12 PM
Yemeni expatriates send back almost $1 billion in remittance a year, minister of Expatriate Affairs Ahmed Musa'ed Hussein said.
Yemeni-Saudi trade relations to be reviewed
Jun 27, 2009 - 4:26:59 PM
Minister of Industry and Trade Yahya al-Mutawakel headed for Saudi Arabia on Tuesday to discuss improving Yemeni-Saudi trade relations with officials of the Saudi Industry and Trade Ministry.
The 8th meeting of the Yemeni-Saudi joint committee held
Jun 27, 2009 - 4:22:21 PM
The Joint Yemeni-Saudi Supervisory Committee for counting properties in the border areas was held on Sunday in the Saudi capital, Riyadh.
Yemen's SFD continues to combat poverty and support education
Jun 25, 2009 - 4:31:33 PM
By improving basic services and facilitating poor communities' access to them, the Social Fund for Development (SFD) helps to reduce poverty and improve living conditions of poor people.
Yemen's business environment improving, attracting more investments
Jun 18, 2009 - 5:06:26 PM
Officials reviewed governmental efforts to improve the business environment in Yemen including representatives from the Ministry of Industry and Trade, Tax Authority, Customs Authority,...
Central Bank of Yemen sells $38 million to balance supply and demand of hard currency
Jun 18, 2009 - 5:04:19 PM
The Central Bank of Yemen (CBY) sold $38 million to currency exchangers last Tuesday to meet market demands for hard currency for the first time in 2009, pointing to the stability of the currency market during the last period, according to an official report issued by the CBY.
National conference on construction sector to be held in Yemen
Jun 18, 2009 - 5:00:01 PM
The Ministry of Public Works and Roads, together with concerned bodies, is preparing to hold a national conference on the construction sector aiming to improve the implementation mechanisms of the construction sector, according to an official source at the Ministry of Planning and International Cooperation.
Transport and education projects reviewed by cabinet
Jun 18, 2009 - 4:58:20 PM
The Cabinet argued in its weekly meeting over the package of an executive program for investment projects with external funding, including projects related to the education and transport sectors.
Commercial relations between Yemen and Tunisia to be strengthened
Jun 18, 2009 - 4:56:54 PM
A Tunisian businessmen’s delegation headed by Chairman of the Tunisian Trade Chamber, Mounier al-Muakher, will visit Yemen to take part in the 5th round of the Sana'a International Exhibition, according to sabanews agency.
Privatized facilities in Aden to be considered
Jun 18, 2009 - 4:55:32 PM
The Higher Committee for Privatization formed a team headed by the Director of the Technical Office of Privatization to study the reality of the facilities that have been privatized in Aden Governorate, during its meeting chaired by Prime Minister Ali Mujawar last Monday.
Yemeni 7 out of 71 NGOs win financing for projects from World Bank
Jun 11, 2009 - 5:57:04 PM
The World Bank office in Sana'a held a ceremony last Tuesday to mark the occasion of signing contracts with seven civil society organizations for the financing of their projects worth $46,000 for women’s education.
New investment law and income-tax law to ensure privileges for local, foreign investors
Jun 11, 2009 - 5:54:51 PM
The Cabinet discussed the drafts of new investment and income-tax laws and referred them to the committee presided over by the Minister of Legal Affairs for further revision, in accordance with their notes, in their weekly meeting held on Tuesday chaired by Prime Minister Ali Mujawar.
Yemen's revenues of oil exports drop
Jun 11, 2009 - 5:10:25 PM
The government's revenues from oil exports amounted to $254.8 million during the first quarter of 2009 compared to $998.8 million during the same period last year, signaling a decrease of about $744 million, 26sep.net reported on Tuesday.
Agreements between Yemen and Syria to be signed
Jun 11, 2009 - 5:09:29 PM
Yemen and Syria are expected to sign agrements regarding cooperation in areas such as trade, marine transport, higher education, and health when the two countries’ joint committees meet later this month.
Yemen's National strategy for food security is underway
Jun 11, 2009 - 5:08:34 PM
A workshop began on Sunday in the Ministry of Planning and International Cooperation discussing the arrangements to be prepared by the National Strategy for Food Security.
US and Australia help Yemen in WTO accession
Jun 11, 2009 - 5:03:11 PM
A US team is to arrive in Yemen on the 12th of June for a week-long visit which comes within US efforts to aid Yemen's accession into the World Trade Organization.
Yemen Industrial survey to be implemented
Jun 11, 2009 - 7:06:40 AM
A supervisory committee of the Industrial Survey discussed the timetable for implementing a comprehensive industrial survey during 2009-2010, in its first meeting on Saturday.
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