CBY discusses provision of cash to Aden

President al-Alimi: Restoring Sana’a and a Just, United Yemen Will Remain a Unifying National Goal

His Excellency President Dr. Rashad Mohammed al-Alimi, Chairman of the Presidential Leadership Council, called on the Yemeni people to seize a pivotal moment of transition and align behind a vision for rebuilding a state that protects rights, safeguards dignity, and offers hope to future generations.

German Chancellor Says Europe Must Stand Strong

German Chancellor Friedrich Merz has called on Europeans to strive for greater autonomy, emphasizing the need for Europe to defend itself using its own capabilities, given the shift in transatlantic relations.

Korea large companies' exports rise 10 percent

Large companies' exports in South Korea rose approximately 10 percent year-on-year in the fourth quarter of last year, driven by increased global demand for semiconductors.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/02/18 Time 09:22:52
Latest News:

Yemen’s Ambassador Participates in Board Meeting of Arab World Institute in Paris

Presidential Leadership Council Member Dr. Abdullah al-Alimi Discusses Developments in Yemen with EU ..

Chairman of the Presidential Leadership Council Exchanges Ramadan Greetings with Arab and Islamic Leaders

Ministry of Endowments Announces Wednesday as First Day of Ramadan

Public Works Minister, UNOPS Review Cooperation on Road Maintenance Projects

CBY discusses provision of cash to Aden

[13/08/2017 01:06]

ADEN-SABA
The Central Bank of Yemen's Board of Directors discussed on Sunday supplying the bank with banknotes printed abroad to the bank's headquarter in interim capital of Aden.

In a press release issued after the meeting, Governor of the CBY Munassar al-Quaiti said the Board of the Directors "discussed obstacles facing preparations for transporting and importing the funds due to ban receiving these funds via areal transportation by a cell in the Arab Coalition for unknown reasons since April 2017."

"Permissions for 13 flights to Aden have been cancelled without justifications," added al-Quaiti, talking about flights loaded with banknotes printed outside the country and banned from landing in Aden. "The sponsoring committee failed reaching decisions on this issue."

" The Board expressed its astonishment and deep concern over these obstacles as they hinder the Central Bank of Yemen's functions and its legal duties in providing enough and suitable currency for the Yemeni economy in accordance with the the Central Bank's law No. 14 for 2000 for paying salaries of the State's Administrative Apparatus," the release went on.

Governor al-Quaiti continued that such deliberately-made obstacles "defame the Central Bank of Yemen and its executive management as they introduce the bank's leadership as botched in performing its duties and deprive huge number of the employees of their salaries and causing to the Yemeni economy dangerous hurdles for providing currency."

"In front of these conditions, the Board of Directors of the Central Bank of Yemen decided continuous communication with the command of the Arab Coalition, regional community and international community for boosting the independence of the Central Bank and respecting its performance of its legal functions, taking into consideration independence and sovereignty of this institution on Yemeni level and making it away of mixing political papers and aftermaths of political differences by all parties and respect independence and sovereignty of the republic of Yemen," the governor concluded.