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Yemen

Yemen Articles
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Economy

According to the US Energy Information Administration (EIA), oil production in Yemen averaged 156,000 barrels per day (b/d) in 2012, a 40.0% decline from the pre-crisis level of 260,000b/d... 2013-05-24


Economy

Ahmed Ali Saleh, commander of the Republican Guard and son of former president Ali Abdullah Saleh, was removed from his post by Yemeni President Abdrabbuh Mansour Hadi in April. Saleh... 2013-05-24


Economy

BMI View: The recent intensification of workforce nationalisation ('Saudisation') efforts in Saudi Arabia is likely to remain the norm going forward, albeit structural weaknesses will... 2013-04-17


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Economy

Gunmen shot dead three people in March 23, in a failed attempt to assassinate Abdo Abu Ras, the representative of the Houthi rebel group after he left Yemen's national reconciliation... 2013-03-27


Economy

BMI View: Yemen's total FX reserves came in at US$6.1bn at end-2012, worth approximately 6.2 months of imports, a 36.6% y-o-y increase compared to end-2011. We forecast total reserves... 2013-03-27


Economy

Yemen's President Abd Rabbuh Mansur Hadi called in February on the government of Iran to stop providing support to armed groups in his country. This comes after the Yemeni coastguards... 2013-02-27


Economy

Yemen's total FX reserves came in at US$6.0bn in November 2012, worth approximately 5.8 months of imports. We forecast total reserves coming in at US$6.1bn and US$6.5bn at end-2013... 2013-02-27


Economy

Consumer price inflation (CPI) in Yemen came in at 5.5% y-o-y in November 2012, significantly lower compared to its average of 11.3% over the first 10 months of 2012. Prices declined... 2013-02-27