Investment Authority: Sector hit by billions in losses
A report reveals that the ongoing Saudi blockade on Yemen has caused economic losses exceeding $1.13 trillion over 12 years. Many sectors have been affected, including industry, agriculture, commerce, and oil. More than 55 major projects have been halted, and over 12,000 commercial and investment facilities have been destroyed. The blockade has led to a deteriorating investment environment, rising unemployment and poverty rates, and severe damage to economic infrastructure.
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