Economy 2024-04-10

The new 100-YER coin is a sign of the economic pressure the Houthis are feeling -- and imposing on Yemen -- as a result of their Red Sea aggression.

Economy 2024-04-02

The new strategic partnership deal includes billions in credit to help Egypt weather a severe economic crisis and stepped up gas and energy flows to Europe.

Economy 2024-03-24

Consumer demand is low and so is inventory during the holy month of Ramadan, which is usually a peak season for shoppers and merchants.

Economy 2024-03-17

Hunger has become more widespread in Yemen as aid agencies face increasing difficulties amid the Houthis' ongoing attacks in the Red Sea.

Economy 2024-03-15

Illegally imported products are putting Syrian industrial and agricultural operations out of business and drastically reducing income for families in areas adjacent to the border.

Economy 2024-03-09

An Iranian presence in Ras Issa would enable the IRGC to facilitate the delivery of weapons and contraband and would further Iranian influence in the Horn of Africa.

Economy 2024-03-04

Poverty rates are soaring in Yemen as the holy month approaches, and the cost of basic food items has gone up amid the Houthis' ongoing attacks on sea shipping lanes.

Economy 2024-02-29

New sanctions target the deputy commander and several units of the IRGC Quds Force, along with other enablers of the Houthis' aggression.

Economy 2024-02-27

With the Houthis' Red Sea escalation continuing unabated, shipping companies face multiple hurdles, including rising costs and added danger from indiscriminate attacks.

Economy 2024-02-24

Shipments of food and fuel are being delayed as a consequence of the Houthis' Red Sea escalation, with the situation likely to deteriorate.