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  Local
Ministry of Human Rights condemns the massacre aggression against civilians in Hodeidah
[16 December 2017]
Republican Decree appoints Minister of Communications and Information Technology
[16 December 2017]
President Al-Samad meets the parliamentary bloc of Ibb Province
[16 December 2017]
President Al-Samad and Minister of Agriculture discuss work performance in agricultural sector
[16 December 2017]
Republican decree appoints minister of interior
[13 December 2017]
 
  Saudi Aggression War against Yemen
Saudi enemy’s aircrafts launch two raids on Serwah
[16 December 2017]
Over 20 citizens killed in US-Saudi airstrikes on Hodeida
[16 December 2017]
ballistic missile hits Saudi army’s command center in south Jizan
[16 December 2017]
Seven Saudi-paid mercenaries gunned down in Marib
[16 December 2017]
Army inflicts heavy losses upon mercenaries in Nehm front line
[16 December 2017]
 
  Reports
Feature: Untold story on Yemen's tourism, green, peaceful city, safe home for all IDPsþ
[12 November 2017]
Report: 49 Yemeni civilians killed in 212 Saudi aggression airstrikes in six days
[05 April 2017]
Roundup: 1107 Saudi airstrikes kill 135 Yemeni civilians in March
[29 March 2017]
Roundup: Saudi kills 15 Yemeni civilians in 112 airstrikes on Yemen in 3 days
[25 March 2017]
Report: Saudi kills 68 in 301 airstrikes on Yemen in 7 days
[23 March 2017]
 
  International
Yemen strongly condemns terrorist attack in Egypt
[25 November 2017]
President al-Sammad sends condolences to Sisi over deadly attack on Egypt mosque
[25 November 2017]
FM meets WFP official
[03 October 2017]
FM meets Russian charge d'affaires
[03 October 2017]
Yemen strongly condemns Las Vegas terrorist attack
[03 October 2017]
  Economy
Oil price decline to lose Yemen $ 0.5 bln, official
[07/February/2015]

SANA'A, Feb. 07 (Saba) - The State budget will lose about $ 359 million this year if the oil price was $ 65 a barrel, and if it dropped to $ 50 per barrel, the total loss of Yemen will be nearly $ 504 million, Undersecretary of Finance Ministry Ahmed Hajar said.

The government's share of crude oil is estimated at 38 million barrels in 2015, Hajar explained during a seminar organized on Saturday by the Chamber of Commerce and Industry the capital Sana'a in cooperation with the Economic Observatory for Studies and Consultations on the effects of lower oil prices on the Yemeni economy and the government budget.

The total oil production is expected to reach 169 thousand barrels per day and the natural gas production to 167 thousand barrels a day, Hajar added.

Hassan al-Kaboos, head of the chamber of commerce and industry in the capital Sana'a, affirmed the importance of the seminar in clarifying the direct and indirect effects of lower oil prices on the national economy.

Al-Kaboos pointed to the significance of oil and its derivatives for industry, agriculture, commerce and all areas of the modern economy as an essential and assistant factor in all these activities.

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UPDATED ON : Sat, 16 Dec 2017 18:00:17 +0300