Website Fighting Yemen’s Staggering Unemployment Wins IMF-Sponsored Award

Men walk in front of damaged buildings in Sana'a on April 21, 2015. REUTERS
Men walk in front of damaged buildings in Sana'a on April 21, 2015. REUTERS
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Website Fighting Yemen’s Staggering Unemployment Wins IMF-Sponsored Award

Men walk in front of damaged buildings in Sana'a on April 21, 2015. REUTERS
Men walk in front of damaged buildings in Sana'a on April 21, 2015. REUTERS

Overcoming the brutal fighting and suffering and diminishing employment opportunities, Yemeni innovator Saeed al-Faqih came up with a revolutionary concept for a job-seeking website linking between the employer and the job hunters.

As a muddled conflict shreds Yemen with Iran-allied Houthi militias straining economic conditions, forcing many companies to abandon the labor market, and driving unemployment rates among professionals and craftsmen up, the website comes as a small but valuable sigh of relief from a nationwide frustration.

Fighting against the devastation, information systems graduate Faqih who earned his bachelor's degree back in 2011 from Sanaa’s Future University, came up with the website’s new concept.

In May 2015, he founded the website (www.anamehani.com) (Arabic for “I am a professional”) which covers many professions such as accounting, marketing, sales, electricity, plumbing, agriculture and design. The site covers four countries: Saudi Arabia, Yemen, Egypt and Morocco.

Inside Yemen, the portal sparked a glimmer of hope for Yemenis facing life difficulties, job cuts, poor services and poor Internet access. After several months, the website achieved great success, with applications reaching 312 per day in six Yemeni cities alone, namely Sana'a, Hodeidah, Aden, Ibb, Hadramout and Hajjah.

Faqih’s website won a number of awards, most recently the IMF Innovation Labs Competition at the "Prosperity for All" conference, held in Morocco on “promoting jobs and global growth in the Arab world”.

Despite winning the award, Yemen’s turmoil gave Faqih a hard time against him participating in the conference in the city of Marrakesh, Morocco.

"I live in Sana'a, and all the airports in the northern section have been closed,” he told Asharq Al-Awsat.

“I had to take the bus to Aden.”

“Coup militiamen searched all the passengers several times at checkpoints, and badgered them with extensive questions about the reasons for travel from the north to the south,” said Faqih.

“The checkpoints were set up every 10 kilometers. The inspection took a long time. They searched the bags, mobile phones and letters for any comments that prove if the owner was anti-Houthi.”



Oil Steady as Investors Shift Focus to Demand Signals

FILE - Pump jacks extract oil from beneath the ground in North Dakota, May 19, 2021. (AP Photo/Matthew Brown, File)
FILE - Pump jacks extract oil from beneath the ground in North Dakota, May 19, 2021. (AP Photo/Matthew Brown, File)
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Oil Steady as Investors Shift Focus to Demand Signals

FILE - Pump jacks extract oil from beneath the ground in North Dakota, May 19, 2021. (AP Photo/Matthew Brown, File)
FILE - Pump jacks extract oil from beneath the ground in North Dakota, May 19, 2021. (AP Photo/Matthew Brown, File)

Oil prices edged higher on Thursday as investors remained cautious about the Iran-Israel ceasefire and shifted their attention to market fundamentals after a stockdraw in the United States.

Brent crude futures rose 34 cents, or 0.5%, to $68.02 a barrel by 1055 GMT US West Texas Intermediate crude gained 35 cents, or 0.5%, to $65.27 a barrel.

Both benchmarks climbed nearly 1% on Wednesday, recovering from losses earlier in the week after data showed resilient. US demand. Brent futures are trading below their close of $69.36 on June 12, the day before Israel started air strikes on Iran, Reuters reported.

Investors are shifting their focus to macroeconomics and oil balances, while monitoring the Israel-Iran truce, said PVM analyst Tamas Varga.

UBS analyst Giovanni Staunovo said oil prices had tracked equity markets so far on Thursday, while ANZ analysts said the US driving season had started slowly but was now stoking demand.

US crude oil and fuel inventories fell in the week to June 20 as refining activity and demand rose, the Energy Information Administration said on Wednesday.

Crude inventories fell by 5.8 million barrels, the EIA said, exceeding analysts' expectations in a Reuters poll for a 797,000-barrel draw.

Gasoline stocks unexpectedly fell by 2.1 million barrels, compared with forecasts for a 381,000-barrel build as gasoline supplied, a proxy for demand, rose to its highest level since December 2021.

On Saturday, Igor Sechin, the head of Russia's largest oil producer Rosneft, said OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies including Russia, could bring forward its output hikes by around a year from an initial plan.

Meanwhile, US President Donald Trump hailed the swift end to war between Iran and Israel and said Washington would likely seek a commitment from Tehran to end its nuclear ambitions at talks with Iranian officials next week.

Trump also said on Wednesday that the US was maintaining maximum pressure on Iran - including restrictions on sales of Iranian oil - but signalled a potential easing in enforcement to help the country rebuild.