Central Bank of Yemen Welcomes GCC Support

Presidential Leadership Council Member Chairs Joint Military-Security Meeting and Watches Troop Parade in Seiyun

Presidential Leadership Council member and Hadhramaut Governor Salem Ahmed Al-Khanbashi convened a coordinated military-security meeting on Tuesday at the First Military Region command in Seiyun.

Arab League Calls for Confronting Rising Anti-Muslim Hate

The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Inter Milan a win away from Serie A title

Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.

Last Update: ، 2026/05/14 Time 02:58:21
Latest News:

Yemeni Transport Minister Meets EU Envoy to Explore Cooperation on Transport Development

Yemen’s Local Administration Ministry Holds Talks with EU Mission on Strengthening Local Governance

Yemen’s National Commission Discusses Human Rights Cooperation with Geneva Call

Yemeni Ambassador, Turkish Higher Education Council Chief Discuss Academic Cooperation

Al-Khanbashi Meets UN Envoy Office Delegation, Discusses Development Projects with UNDP

Central Bank of Yemen Welcomes GCC Support

[02/09/2025 01:04]

Aden-Saba
The Central Bank of Yemen has welcomed the support extended by the Gulf Cooperation Council (GCC) to help maintain currency stability and promote economic stability in the country.

In a statement, the bank expressed its appreciation for the GCC's backing, which will enable it to continue its efforts in implementing reforms despite the challenges it faces.

The bank also expressed regret over the malicious campaigns it has been subjected to, which aim to destabilize the economy and undermine the progress made in stabilizing the national currency and the ongoing reform process.

The bank warned of the serious consequences of these practices, which violate the law and pose a threat to the stability of the financial sector.

The Central Bank reiterated its caution against attempts to undermine its authority and independence, emphasizing the importance of maintaining the stability of the financial sector and ensuring the smooth flow of supply chains.

It also highlighted the negative impact of unprofessional practices on the economy, citing recent consequences.