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Last Update: ،
2025/10/02
Time
09:16:28
Latest News:
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Latest News:
Defense Minister meets with the French Ambassador, Military Attaché
Chairwoman of Woman National Committee seeks French support for Yemeni woman issues
Humanitarian partners discuss confronting risks of spread cholera in Taiz
Planning Minister discusses with UN's official economic situations
German-funded training program for medics kicked-off
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.
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.
Key words:
transformation - infrastructure - strengthening - cybersecurity - technologies - confirmation - representing - Yemen's - discussions - development -
EU condemns Houthi militias' attack on commercial ship flying Dutch flag in Gulf of Aden
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