Yemen’s Southern Transitional Council (STC) backed by United Arab Emirates-backed separatists. STC has recently made gains against Islah in the resource-rich southern Shabwa governorate. STC has also launched an “anti-terror” operation in Abyan. Rashad al-Alimi, the president of Yemen’s Presidential Leadership Council (PLC), has instructed separatists backed by the United Arab Emirates to halt their … Read more
AL-MUKALLA: The Yemeni rial recovered by roughly 30 per cent hours after the Yemeni president reshuffled the country’s central bank board in a bid to rein in the rapid currency devaluation. Local moneychangers told Arab News that the Yemeni rial began bouncing back on Monday night when President Abed Rabbo Mansour Hadi dismissed the governor … Read more
RIYADH: Yemeni President Abed Rabbo Mansour Hadi reconstituted the country’s central bank board on Monday, replacing the governor and the deputy governor, amid an unprecedented collapse in the local currency, Arab News reported. Ahmed bin Ahmed Ghaleb Al-Maabqi was appointed as governor and Muhammad Omar Banaja as his deputy, a presidential decree published by the state news … Read more
Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud of Saudi Arabia had a telephone conversation with Yemeni President Abdrabbuh Mansur Hadi on Tuesday. During the talks, the Crown Prince reiterated his commitment to continue providing all possible assistance to the Yemeni government and to assist the constitutional government in alleviating the plight of the Yemeni … Read more
