Daily news on business and economy in Yemen

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Last update: 10 hours ago

Middle East Deal Drama: Trump says he paused a scheduled Iran strike after Gulf leaders asked for more time, while Iran counters with a revised 14-point plan via Pakistan—yet both sides keep the pressure on, with Strait of Hormuz tensions and talk of “large scale assault” still hanging over markets. UAE Risk Premium: The drone strike near Abu Dhabi’s Barakah nuclear plant has renewed fears that Gulf critical infrastructure is becoming a signaling tool, threatening the UAE’s “safe haven” brand even as it pushes a second pipeline and boosts energy output. Yemen Angle: Houthis warn they’re ready to respond to any new US action against Iran, keeping Yemen tied to the wider maritime and energy fight. India Energy Politics: In a separate blow to regional energy confidence, India’s Congress alleges corruption and mismanagement at ONGC and GSPC, pointing to declining fuel output and higher import dependence. Crypto-Terror Crackdown: Gujarat CID says it dismantled a crypto-linked terror-financing network with Hamas links, arresting 9. Yemen Business Context: A week of coverage also highlights Yemen’s growing reliance on Chinese EVs as fuel shortages bite—an economic adaptation, not a fix.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Yemeni coffee shop Haraz Coffee House is coming to Mountain View

Yemeni coffee shop Haraz Coffee House is coming to Mountain View

Egypt to overhaul business licensing and capital rules to equalise investor playing field

Egypt to overhaul business licensing and capital rules to equalise investor playing field

Yemen's Ansarullah chief calls for economic, political sanctions on enemies

Yemen's Ansarullah chief calls for economic, political sanctions on enemies


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4 hours ago

Al Mustafa Welfare Trust Warns of Escalating Water Crisis Devastating Muslim Communities Across Three Continents

GlobeNewswire, Inc.

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May. 13, 2026

Nexxen Reports Record First Quarter 2026 Financial Results

GlobeNewswire, Inc.

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May. 12, 2026

Qatar Denounces Tanker Hijacking Off Yemen

MENAFN

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May. 12, 2026

Egypt Says Oil Tanker with Egyptian Crew Hijacked Near Yemen

MENAFN

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May. 12, 2026

Qatar Denounces Seizure of Oil Tanker with Egyptian Crew in Yemeni Waters

MENAFN

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May. 4, 2026

Yemeni Press Groups, EU Call for Release of Detained Journalists

MENAFN

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