Yemeni government revenues from crude oil exports dropped almost 35 per cent in the first nine months of 2014 to $1.34 billion from $2.04 billion the same period a year earlier, official figures published showed.
An advance into Yemen's Sunni Muslim heartland by Shi'ite Houthi fighters has galvanised support for al Qaeda among some Sunnis, deepening the religious hue of the country's many conflicts, with potential consequences well beyond its
Sunni Al Qaeda militants killed dozens of Yemeni Shi'ite rebels on Saturday in the city of Radda in central Yemen as they pushed back the rebels' advance on the al Qaeda stronghold, tribal sources said.
Yemeni Shi'ite Houthi fighters and supporters of the Sunni Muslim party Islah clashed in central Yemen on Saturday, residents and local officials said, another sign of sectarian warfare in the violence-prone country that borders Saudi Arabia
The Shi'ite Muslim Houthi movement which seized Yemen's capital Sanaa last month has extended its control to the Red Sea port of Hodeidah, deploying checkpoints and also taking control of the city's airport, local officials said.
Suicide bombers targeting Yemen's powerful Shi'ite Houthi group and an army camp killed at least 67 people in two separate attacks on Thursday, hours after a political crisis forced the new prime minister to step down.
Shi'ite rebels attacked the home of Yemen's intelligence chief in Sanaa on Saturday, residents and security sources said, showing the fragility of a power-sharing accord that has failed to halt fighting in the capital.
Yemen LNG said on Friday it had resumed operations and exports from the Balhaf liquefied natural gas (LNG) export terminal.
The company said in February it was planning to shut one of its two production lines, Train 1, for 10 days