The Yemeni government called on local and regional investors today, Tuesday, to take advantage of the opportunities available in the pharmaceutical industry sector, stressing its commitment to providing a stimulating environment to enhance investment and achieve self-sufficiency.

The Ministry of Finance announced today, Tuesday, the completion of all technical procedures for disbursing the salaries of November and December 2024 for state employees in the central and local authorities and economic units.

A UN report revealed that the port of Hodeidah, which is under the control of the Houthi militia, has not received any fuel shipment since the first Israeli attack on it in late July, except for a very limited quantity that entered last October.

The Central Bank of Yemen in the interim capital, Aden, announced that it would grant exchange companies and establishments a two-month grace period to renew their exchange business licenses for the year 2025.

Economic experts confirmed that the new support announced by the Kingdom of Saudi Arabia to the Yemeni government, last Friday evening, represents an "important emergency step" for the deteriorating economy, stressing the need to implement a comprehensive reform program to benefit from it.

Saudi Arabia announced, on Friday, new support for the Yemeni government and the Central Bank of Yemen worth half a billion US dollars.

Egypt announced a loss of nearly $7 billion in Suez Canal revenues during the current year, affected by the events taking place in the Red Sea and Bab al-Mandab, in reference to the attacks launched by the Iranian-backed Houthi militia on international shipping vessels.

The Council of Ministers, in an extraordinary meeting held today, Thursday, headed by Prime Minister Dr. Ahmed Awad bin Mubarak, approved the draft government economic plan for urgent priorities and its executive matrix.

The Load Star, a website specializing in shipping and logistics news, said that the Iranian-backed Houthis were one of the most prominent financial winners of the Red Sea crisis, a year after they launched attacks on international shipping vessels.

A meeting held today in the interim capital, Aden, headed by Minister of Transport, Dr. Abdul Salam Hamid, discussed the procedures for completing the implementation of projects funded by the State of Kuwait in the transport sector in Yemen.