Wadhah Al-Awlaqi has served as the Chief Economist at the Sana’a Center for Strategic Studies since 2019. He has over a decade of experience in economic research, analysis, and policy development focused on Yemen. He held several key positions at the Central Bank of Yemen, overseeing strategic planning, financial reporting, budget management, and accounting operations. He holds an MBA in Finance from the prestigious KAIST Business School in South Korea.
Wadhah's latest contributions
Ramadan Truce Faces Uphill Struggle – The Yemen Review, March 2022
March saw an escalation in cross-border attacks between Yemen and Saudi Arabia, with Houthi missiles and drones targeting Saudi oil and gas infrastructure, and the kingdom responding with airstrikes on Houthi-held areas in northern Yemen. However, the month ended on a hopeful note, with the warring parties declaring that they were entering, for … Read more
When Giants Strike – The Yemen Review, January & February 2022
The Houthi threat to Marib that dominated 2021 set in motion a shift in strategy by Saudi Arabia that restored the vanguard role to the United Arab Emirates and its allied Yemeni forces. The turning point came in January when the UAE-backed Giants Brigades pushed Houthi forces out of Shabwa and entered southern Marib, forcing the Houthis to divert … Read more
Economic Developments
In January and February, a fuel crisis erupted in both Houthi- and government-controlled areas of Yemen. In Houthi-controlled areas, the crisis emerged in mid-January, intensified thereafter and continues at the time of writing. Thousands of cars line up, sometimes for days, in front of the few commercial gas stations that remain open, while on … Read more
Challenges and Prospects for Electronic Money and Payment Systems in Yemen
This paper examines the existing regulations surrounding the use of e-money in Yemen, its attempts to adopt e-money services both before and during the conflict, the major players and state of infrastructure in the sector, and the challenges and prospects facing greater adoption of electronic currency in the country.
Yemen Economic Bulletin: The Limited Efficacy of US Sanctions on Houthi Financial Networks
Since 2015, conflict-related factors in Yemen and de-risking by financial institutions abroad have led to a mass migration of financial flows from the country’s formal to the informal economy. Informal market actors have benefited greatly from this increased liquidity, foremost among them Swaid & Sons for Exchange Co., which became one of … Read more