First-half earnings in Asia revealed that the ongoing impact of the Red Sea crisis will continue to be a costly burden for companies that manufacture goods for export, while companies that transport these goods benefit from higher freight rates as the crisis deepens.

Fabric traders in the capital, Sana'a, continued their general strike for the second day in a row, in rejection of an illegal dose imposed by the Houthi militia on customs duties of clothing and fabric traders without legal justification.

The Minister of Transport in the Yemeni government directed Yemenia Airlines to transport passengers of the suspended Belqis Airlines at their own expense, in clear violation of the Prime Minister’s directives to allow Belqis Airlines to continue operating until the end of this year.

On Tuesday, the Yemeni Gas Company denied the veracity of what was circulated on social media regarding the interruption of the supply of domestic gas by the company to Hadhramaut Governorate.

The terrorist Houthi militia issued a decision to stop issuing licenses for new pharmaceutical facilities in the capital, Sana'a, and the rest of the areas under its control.

A Yemeni journalist specializing in economic affairs warned of the high rates of inflation in the country and its effects on the lives and livelihoods of citizens, calling for urgent government intervention to limit its repercussions.

Today, Saturday, the International Bank of Yemen denied what was circulated about its bankruptcy, and expressed its regret for the false rumors on social media, saying: "Their purpose is to tarnish the reputation and position of the bank."

Recent data shows the number of ships transiting the canal has fallen by 66 percent since shipping companies began diverting their vessels around Africa.

Belqis Airlines accused the Yemeni Ministry of Transport in Aden of "obstinacy" in granting the renewal of the company's license, despite the issuance of directives from the Prime Minister to renew it.

Traders and commercial brokers said that the Houthi militia has raised the price of taxes and customs on commercial shipments to thirty times, starting from the beginning of this September.