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
Saudis Visit Sana’a as Warring Parties Conduct Prisoner Exchange – The Yemen Review, April 2023
Saudi-Houthi talks in Sana’a during Ramadan failed to produce a final agreement on a roadmap for final status peace talks and a permanent ceasefire. Presidential Leadership Council (PLC) leaders in Riyadh were left out of the loop although the Saudis continued to insist that the Houthis co-sign any deal with the internationally recognized … Read more
Saudi-Houthi Talks Move Toward Ceasefire – The Yemen Review, March 2023
Saudi-Houthi talks regained traction over the course of March, and the announcement of a ceasefire is expected as Riyadh looks to wind down its direct military involvement in Yemen. At month’s end, Presidential Leadership Council chief Rashad al-Alimi and his government were summoned to the Saudi capital to be briefed on the negotiations. Despite … Read more
Saudi-Houthi Talks Sow Cracks in Coalition – The Yemen Review, January and February 2023
Ongoing bilateral talks between Saudi Arabia and the armed Houthi movement have renewed optimism that a negotiated political settlement in Yemen might yet be possible. But the talks are an exclusively Saudi initiative and threaten to serve only the narrow interests of their current participants. To date, their primary effect has been the easing of … Read more
Govt Receives New Financial Support
On February 21, Saudi Arabia agreed to supply the Central Bank of Yemen (CBY) in Aden with a US$1 billion deposit to prop up Yemen’s faltering economy and support the value of the rial in government-held areas. The aid will not be deposited directly with the CBY-Aden, but rather handled through the Arab Monetary Fund (AMF) as part of the AMF … Read more
Bridging the Divide: Mitigating the Impacts of the CBY Schism on Yemen’s Banking Sector
The September 2016 rupture of the Central Bank of Yemen (CBY) into rival branches associated with the main warring parties has severely undermined the country’s banking sector. The most fundamental issues affecting Yemeni banks are the differing currency systems that have emerged between areas controlled by the internationally recognized … Read more