FM meets with Russian President's special envoy for Middle East, Africa
The Minister of Foreign Affairs and Expatriates Dr. Shaya Zindani met today, Friday, in Baghdad, with the Special Envoy of the Russian President for the Middle East and Africa, Deputy Foreign Minister Mikhail Bogdanov.
Israeli aggression on Gaza leaves 51,157 people martyred, and 116,724 others Injured
The ongoing aggression by Israeli occupation forces on Gaza has resulted in a death toll of 51,157 and 116,724 injuries since October 7, 2023.
GDP grows 0.3 percent in Eurozone, EU in 1Q
The gross domestic product (GDP) in the Eurozone and the European Union (EU) registered a growth of 0.3 percent during the first quarter of the current year compared to the previous quarter.
Bologna Wins Italian Cup Title for Third Time in History
Bologna FC has been crowned the champion of the Italian Cup for the third time in its history, after defeating AC Milan 1-0 in the final match.
User Name: Password:
Council of Ministers discus YR exchange rate devaluation
[08/08/2018 03:15]
ADEN-SABA
The Council of Ministers devoted its weekly session on Wednesday to discuss the national currency devaluation against foreign currencies.

Necessary measures need to be taken in coordination with Yemeni Central Bank (YCB) to stop the deterioration of the Yemeni Rial (YR) value were also elaborately discussed.

The Cabinet's meeting—chaired by Deputy Prime Minister, Minister of Interior Eng. Ahmed Almayssari—underscored the importance adopting austerity measures by the Finance Ministry and putting an end of the speculation businesses that caused serious damage to the national currency.

The Cabinet has reassured that the government is undertaking full responsibility toward the citizens and maintaining economic situations and ensuring availability of basic commodities.

The Council of Ministers highly praised the monthly $60 million fuels donation by the Kingdom of Saudi Arabia's support for electricity sector.
The Cabinet directed the Ministry of Oil and Minerals and Oil Company to supply the domestic market with the needed quantities of oil fuels at reasonable prices.

The Cabinet discussed an internal bylaw about regulating oil liquid gas transport, marketing and purchasing in the local market. The draft bill put forward by the Ministry of Oil in order to be ratified.
The Council of Minister has approved a decision by the Committee of Tenders in the Ministry of Electricity about establishing 30MGW Power Station for Abyan province.

An emergency founding budget for Sayoon University was approved totaling 900 million (YR).


President al-Alimi lauds Russian supportive stance in support of Yemeni people
SP, US Ambassador Discuss Latest Developments on National Arena
Arab League Ministers Gather in Baghdad for Crucial Summit Preparations
Arab Foreign Ministers Prepare for Summit in Baghdad
Aden Governor meets with UN Women Representative in Yemen
Yemen participates in Conference to support plant health strategy in Italy
PM: We're looking forward to get further Chinese backing at this critical stage
Yemen, Japan Discuss Strengthening Bilateral Ties Amidst Ongoing Challenges
Information Minister Slams Houthi Militia's Use of State Terminology
Ambassador al-Wuhayshi Meets with Russian Presidential Envoy to Discuss Bilateral Cooperation

About Saba News Agency | Usage Agreement | Contact Us