Yemen Central Bank says news of Saudi deposit postponement fabricated

Safer Company CEO Discusses Energy Sector Challenges, Opportunities for Joint Cooperation with German Ambassador

The Executive Director of Safer Exploration and Production Operations Company Eng. Salem Kaaiti discussed Monday with the German Ambassador to Yemen Thomas Schneider a number of issues related to the energy sector and the challenges facing the company amid the exceptional circumstances the country is experiencing.

Magnitude 5 Earthquake Strikes Fiji Islands in the South Pacific

A magnitude 5.0 earthquake struck south of the Fiji Islands in the South Pacific Ocean on Sunday, according to the United States Geological Survey (USGS). The earthquake occurred at a depth of approximately 486.2 kilometers beneath the Earth's surface.

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.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/06/09 Time 03:52:22
Latest News:

Al-Muharrami Stresses Development Partnership with Japan

Minister of Human Rights Discusses Strengthening Bilateral Cooperation with Italian Ambassador

Aden Governor, Russian Ambassador Discuss Strengthening Bilateral Cooperation

PLC Member al-Arada, German Ambassador Discuss Yemen’s Political, Humanitarian and Development Situation

MASAM Removes 798 Landmines During First Week of June

Yemen Central Bank says news of Saudi deposit postponement fabricated

[02/03/2018 02:30]

ADEN-SABA
The Central Bank of Yemen (CBY) said the ongoing allegations that the Saudi $2 billion deposit to shore up Yemen's currency, Riyal, has been put off is not true and "are fabricated news from entities and persons who harbor hatred for the whole Yemeni people."

In a statement on Thursday, the CBY said, "the fact is there is a strong keenness to accomplish the administrative and banking arrangements in the soonest possible and then the signature (on the deposit transaction) will be made within the coming week in the presence of all media outlets interested to attend."

The CBY said the technical team is about to finish the arrangments for receiving the deposit.

The CBY also denied news that its headquarters will be relocated out of Aden city saying it is now "operating in an efficient and independent manner."

The CBY called on all people including journalists to verify the authenticity of their stories especially in the economic and banking field.