Monday 15 September 2014
 
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yemen

Yemen repairs sabotaged pipeline

Yemen resumed pumping crude through its main export pipeline after repair works were completed, the interior ministry said, after saboteurs blew it up, halting flows and disrupting an important source of revenue.   

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Yemen's main oil pipeline attacked, pumping halted

Tribesmen attacked Yemen's main oil export pipeline, halting the flow of crude, officials told Reuters.   Yemen's oil and gas pipelines have been repeatedly sabotaged by tribesmen feuding with

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Yemen set to receive $553m IMF loan

Yemen is set to receive $553 million in financial assistance from the IMF over the next three years to help the Gulf state with macroeconomic stability and growth. The International Monetary Fund said Yemen has launched an "a

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Yemeni govt offers to resign to end Houthi protests

Yemen's government offered on Saturday to resign within a month and to review an unpopular decision to cut fuel subsidies in an attempt to end protests by the Shi'ite Houthi movement, a government source told Reuters. Tens

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IMF to loan $560m to Yemen

Yemen has reached agreement with the International Monetary Fund on a $560 million loan, the finance minister said on Friday, after the government cut fuel subsidies and ordered curbs on public spending. The second poorest Arab country

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Yemen struggles towards fuel price reform

A clampdown on state spending was an effort by Yemen's government this month to win public support before its biggest economic reform in years: higher fuel prices. But an angry public may not be won over.

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Yemen to clamp down on public sector spending

Yemen's president unveiled a clampdown on public sector spending on Thursday, including a feasibility review of state-owned companies and a ban on all but economy class travel for ministers in the Arabian Peninsula country. Ye

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Yemen oil export income down 64pc in May, reserves sink

Yemen's income from oil exports tumbled by over 64 per cent to $73.4 million in May from a year ago, due to attacks on an export pipeline, and the central bank's foreign asset reserves shrank to their lowest since end-2011, data showed o

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110 killed in heavy Yemen clashes

Clashes in the north Yemen town of Omran continued on Sunday between the army and fighters from the Houthi movement after at least 104 people were killed on Saturday, while in the south six soldiers were shot dead by al Qaeda militants.

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Yemen army continues fight in north town

Clashes in the north Yemen town of Omran continued on Sunday between the army and fighters from the Houthi movement after at least 104 people were killed on Saturday, while in the south six soldiers were shot dead by al Qaeda militants.

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