Sunday, 26-March-2017 10:22
 
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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, 23-March-2017
Saudi aggression coalition waged 16 air raids on a bridge the province of Hodeida overnight, while the enemy warships shelled Al-Tohayta district in Hodeida.

A security official source said that the aggression coalition warplanes waged 16 raids on the bridge linking directorates of Al-Tohayta and al-Torba, completely
Thursday, 23-March-2017
Saudi aggression warplanes launched three airstrikes on many areas in Serwah district of Mareb province overnight, an official said on Thursday.

The official said the Saudi aggression warplanes launched two
Wednesday, 22-March-2017
Saudi aggression warplanes launched four airstrikes on Arhab district of Sana'a province, a security official said on Wednesday.

The warplanes hit Yahis area four times, causing heavy damages to citizen's farms and properties.
Wednesday, 22-March-2017
Saudi aggression warplanes and its mercenaries continued targeting the civilians and their properties in several provinces over the past 24 hours, a military official said on Thursday.

The 42 airstrikes targeted the provinces of Sana'a, Sa'ada, Mareb, Taiz, Hajjh, Jizan.

Three women and a girl were wounded in the airstrikes on the civilian targets.
Tuesday, 21-March-2017
Saudi warplanes waged two air strikes on Al-Madhmar Institute at Manakha district in Sana'a province, an official said on Tuesday.

The official said the airstrikes overnight destroyed the education institute.
Tuesday, 21-March-2017
Saudi aggression warplanes waged two air strikes on Nehm district in Sana'a overnight.

The warplanes targeted Ramada area two times, causing damages to private properties and citizens' farms, an official said on Tuesday.
Tuesday, 21-March-2017
The Somali community in Yemen denounced the Saudi aggression coalition's airstrike against the Somali refugees off the Yemeni Red Sea port city of Hodeida.

In a statement obtained by Saba, the Somali community denounced the aggression coalition targeting the boat carrying Somali refugees in the Red Sea, near
Tuesday, 21-March-2017
The artillery of the army and popular forces shelled gatherings of Saudi-paid mercenaries in Taiz province, a military official said on Tuesday.

The shelling the mercenaries in al-Kadahah area of al-Ma'afarah distrit, Salah area, behind al-kanday wabar, al-Mukalal and Usayfarah areas, the official added.
Tuesday, 21-March-2017
Saudi aggression warplanes waged two air strikes on Nehm district in Sana'a overnight.

The warplanes targeted Ramada area two times, causing damages to private properties and citizens' farms, an official said on Tuesday.
Tuesday, 21-March-2017
Minister of Foreign Affairs Eng. Hisham Sharaf and Minister of Agriculture Ghazi Al-Ahwal met on Tuesday with the Resident Representative of the Food and Agriculture Organization of the United Nations (FAO) in Sana'a Dr. Salah El Hajj.

The meeting reviewed aspects of cooperation between Yemen and FAO, especially with regard to the food security situation in Yemen.

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