SAMA to provide technical support to CBY

Foreign Minister Calls on German MPs to Designate Houthi Militias Terrorist Organization

The Minister of Foreign Affairs and Expatriates Dr. Afrah al-Zouba held talks today, Thursday, with members of the German-Arab Parliamentary Group and the Defense and Economic Cooperation and Development Committees in the German Parliament (Bundestag) on the developments in Yemen and the repercussions of the Houthi terrorist militias' escalation on civilians and regional and international security.

GCC Secretary-General Welcomes UN Security Council’s Position on Houthi Attacks Against Saudi Arabia

The Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi has expressed his appreciation for the position conveyed by members of the United Nations Security Council in their presidential statement regarding the attacks carried out by the Houthi terrorist militia against the Kingdom of Saudi Arabia.

EU Allocates 525 Million Euros to Support Startups in Chip Design

European Commissioner for Technological Sovereignty, Security and Democracy, Hana Verkonen, announced that the European Union (EU) has allocated 525 million euros to support startups in the field of chip design.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/11/06 Time 08:53:35
Latest News:

Yemen Participates in 2026 Women's Economic Empowerment Forum in Paris

Amb. al-Sunaini Informs Japan's Deputy Foreign Minister on Developments in Yemen

Yemen FM Warns of Iran-Backed Houthi Cross-Border Destabilization Project

Coalition Intercepts and Destroys Houthi Ballistic Missile Fired Toward Madinah

Presidential Leadership Council: 'Yemen Dawn' Steadily Moving Toward Achieving Its Goals

SAMA to provide technical support to CBY

[10/05/2017 04:46]

Riyadh (Saba)- Prime Minister Ahmed Obaid Bin Daghar on Wednesday discussed with the Saudi Arabian Monetary Authority (SAMA) Ahmed al-Kholaifey the provision of technical support to the Central Bank of Yemen (CBY) to improve its performance and tasks.

The meeting underscored the importance of setting agenda and a cooperation plan between SAMA and CBY to support the legitimate government 's efforts to achieve financial stability and exchange-rate realignment.

It also dealt with the urgent priorities to operate CBY from the temporary capital of Aden and enable it to perform it tasks.

The premier commended the efficiency of SAMA and its experiences in organizing and managing the banking operations, hoping that Yemen can take advantage of these experiences to avoid an entire collapse of CBY after it was manipulated and looted by the Houthi-Saleh militias.

He further referred to the Saudi-Yemeni cooperation in defeating the Iranian plots aiming at destabilizing Yemen and the GCC States and endangering the international navigation, highlighting that Saudi Arabia took bold decisions and confronted these plots.

Al-Kholaifey emphasized that SAMA is ready to provide all aspects of assistances to guarantee the success of CBY in performing its tasks and functions, lauding the historical and distinguished relations between Yemen and Saudi Arabia.