Yemen chairs 31st meeting of Arab Committee on Payment and Settlement Systems

Marib Deputy Governor Lays Foundation Stone for Three Korean Funded Water Projects

The Deputy Governor of Marib governorate Dr. Abd-Rabbo Meftah laid today, Thursday, the foundation stone for three water projects in the city and neighborhoods districts.

Gaza Death Toll Rises to 73,375, Health Authorities Say

The death toll from the ongoing Israeli military offensive in the Gaza Strip has risen to 73,375, with 174,220 people wounded since October 7, 2023, according to health authorities in the enclave.

Gold Edges Higher Ahead of U.S. Jobs Data

Gold prices edged higher on Tuesday as investors awaited a series of U.S. labor market reports for fresh signals on the future path of U.S. interest rates.

England Claim FIFA World Cup 2026 Bronze with Victory over France

England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.

Last Update: ، 2026/08/07 Time 11:35:57
Latest News:

CYB Signs MoU with UNDP

Minister of Social Affairs Discusses with WFP Joint Coordination

Yemen's Ambassador Discusses Cooperation with AGSIW

Al-Arada Confers with British Ambassador over Efforts to Protect Maritime Navigation

"MASAM' Destroys 8,412 of Landmines, UXO in Midi, Abyan

Yemen chairs 31st meeting of Arab Committee on Payment and Settlement Systems

[29/09/2025 05:29]

ABU DHABI-SABA
The Republic of Yemen, represented by the Central Bank of Yemen (CBY) chaired the thirty-first meeting of the Arab Committee on Payment and Settlement Systems, organized by the Arab Monetary Fund (AMF) today, Monday, in Abu Dhabi, the United Arab Emirates (UAE).

The meeting brought together directors of payment systems in Arab central banks.

Yemen's chairing of this meeting comes within the framework of enhancing the role of the CBY in regional financial forums and as a confirmation of efforts exerted in developing payment systems and promoting Arab financial integration.

The discussions focused on a number of technical topics related to the development of regional payment systems, namely the progress made in operating the 'Buna' platform for Arab payments, expanding the use of Arab currencies in settlement operations and improving joint efforts in cybersecurity, modern financial technologies (Fintech) and digital transformation.

The Chairman of the Council, representing the CBY, Director of the Payments Department at the bank, Kamal al-Subaihi, highlighted the importance of strengthening Arab cooperation in the payment sector, praising the role of the AMF in supporting the development of financial infrastructure at the regional level.