Tuesday, 26-September-2017 19:10
 
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Economy
Tuesday, 12-August-2008
Almotamar Net - An arbitration body of the International Chamber of Commerce in London rejected on Monday a lawsuit filed by the Yemeni Company for Explorations and Production, owned by the American Exxon Mobil and Hunt companies against the Yemeni government regarding the alleged extension for five years of a production sharing agreement in oil block Safir after the agreement defined for 20 years. Almotamar.net - An arbitration body of the International Chamber of Commerce in London rejected on Monday a lawsuit filed by the Yemeni Company for Explorations and Production, owned by the American Exxon Mobil and Hunt companies against the Yemeni government regarding the alleged extension for five years of a production sharing agreement in oil block Safir after the agreement defined for 20 years.

The International Arbitration Body approved in its judgment issued Monday that the production sharing agreement concluded between the Yemeni Company for Exploration and production, owned by the American Exxon Mobil and Hunt, and Yemen expired practically on 14 November 2005.
The verdict stipulated rejection of the lawsuit on the alleged extension of the agreement for other five years after the end of the agreement period. The Yemeni government supported its commitment to the judgment of the International Chamber of commerce Court No. 122.

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Thursday, 24-August-2017
Saudi aggression's warplanes waged five raids on Serwah district of Marib province overnight, an official said on Thursday.

The strikes targeted al-Moqadra and al-Rabiah areas in the district.
Thursday, 24-August-2017
Hundreds of thousands of Yemenis descended Thursday (Aug 24) on Sanaa in a major show to celebrate of the 35th anniversary of the General People's Congress (GPC) founding anniversary.
The rally marking 35 years since the founding the General People's Congress (GPC).
The streets of the capital, waving the blue flag of the GPC and carrying pictures of Saleh the leader of GPC.
Wednesday, 23-August-2017
At least 71 citizens were killed and wounded by warplanes from the Saudi-led aggression coalition on Sanaa province early on Wednesday morning, a security official said.
The air strikes hit a hotel in Bait al-Edhari area in Arhab district,
Wednesday, 23-August-2017
Saudi aggression warplanes launched seven air strikes on Saada province overnight, an official said on Wednesday.
The targeted places were the regular road in Al-Sheikh area of Monabah district, Alhbrah area of Razeh district, the directorate of Al-Taher and Shada directorate.
The strikes severely damaged civilian properties, said the official.
Wednesday, 23-August-2017
The missile units of the army and popular forces fired a ballistic missile, Zilzal 3, on gatherings of Saudi-paid mercenaries in Nehm district of Sanaa province, a military official said on Wednesday.

The missile hit the targets accurately, causing large losses upon the mercenaries , the official added.
Tuesday, 22-August-2017
Saudi warplane launched ten raids on different districts of Saada province, an official said on Tuesday.

The warplane hit al-Atfain area of district of Kutaf four times and waged six other raids on Thuaban area and the main way in Baqim district.
Tuesday, 22-August-2017
Armed forces' spokesman Brigadier General, Sharaf Luqman said the army and popular forces have provided the greatest sacrifices to defend the homeland against Saudi-led aggression forces, stressing on maintaining the internal unity.

In a press statement on Monday, Luqman said that the historical steadfastness and the cohesion of the Yemeni people represent the first defense line against the aggression states.
Monday, 21-August-2017
The Saudi aggression warplanes launched two air raids on the capital Sanaa overnight, an official said on Monday.

The raids targeted September 21 park, causing serious damage to the citizens' homes and public and private properties, the official said.
Monday, 21-August-2017
Saudi aggression warplanes targeted a house of Sheikh Saleh Bin Thiabah, director of Khub and Shaf district in Jawf province, an official said on Monday.

The official said that the warplanes targeted the house by two air raids in the area of Thalwth local market which totally destructied it.
Monday, 21-August-2017
The Saudi fighter jets launched two raids on Harib al-Qaramish district of Marib province, an official said on Monday.

The strikes hit al-Hazam area, leaving heavy damage to

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