The Yemeni fishery sector has borne the brunt of the conflict, incurring substantial losses estimated at nearly 6.9 billion U.S. dollars, primarily because of the destruction of harbors, landing …
‘Risk is high’: ship arrives to pump oil from Yemen tanker
A UN-owned ship arrived off war-torn Yemen on Sunday for a risky operation to pump more than a million barrels of oil from a decaying tanker and prevent a catastrophic spill.The saga won’t end there, …
Yemen’s stricken oil tanker: defusing a ‘ticking time bomb’
A rusting tanker containing more than a million barrels of oil has lain abandoned off the coast of war-torn Yemen since 2015, threatening a major environmental disaster if it breaks up or …
Red Sea oil leak disaster may be averted as tanker heads to transfer oil
The Iran-Saudi deal likely paved the way for this, Iran has backed the Houthis in Yemen and they prevented access until now.
China Evacuates Foreign Nationals from Yemen
As Yemen grows increasingly dangerous following the start of Operation Decisive Storm, a Saudi Arabia-led military campaign against the Houthi rebels who have overrun large swathes of the country …
Bitcoin Investment Progress for this Decade in Yemen
In Yemen, the progress of Bitcoin investment in the past decade has been slow and modest. Despite being one of the world’s poorest countries, Yemen has witnessed a growing interest in …
Yemen’s Hidden Path to Peace
In turn, the Houthis have refused to enter true cease-fire negotiations until Saudi Arabia unilaterally ends their war, withdraws all Saudi-led military forces, fully ends its blockade of Yemen’s air …
Yemen’s rivals are not only clashing on the ground but battling economically for revenue from ports
Sporadic armed clashes between Yemen’s Houthi rebels and government forces are straining peace efforts, and the rivals are now also battling over revenue from ports, trade, banking and natural …
Yemen needs to create 188,000 jobs per year
Yemen needs to create at least188,000 new jobs to meet the annual growth in labor force and to solve the country’s unemployment crisis. A survey, conducted recently by Yemen’s Labor Market Program …
U.K. Announces Sanctions to Tackle ‘Rising Threat’ Posed by Iran
The U.K. has handed over extensive evidence to United Nations Security Council members demonstrating the Iranian regime continues to send weapons to the Houthis in Yemen and to Russia for use in …