Yemen Central Bank says news of Saudi deposit postponement fabricated

Al-Eryani Condemns killing five children in Houthi bomb explosion in Taiz

Minister of Information, Culture and Tourism Muammar al-Eryani strongly condemned the horrific crime committed by the Iranian-backed Houthi terrorist militia, which resulted in the death of five children and injury to others in the al-Arsoom area of the al-Hashmah region in the al-Taziah district, northeast of Taiz Governorate over the explosion of a locally-made explosive device.

Gaza Death Toll Rises to 55,297 Amid Ongoing Israeli Aggression

The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.

U.S. President plans to increase tariffs on steel, aluminum imports

U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.

Saudi Al-Hilal FC Eliminated from FIFA Club World Cup After 2-1 Defeat to Fluminense

Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.

Last Update: ، 2025/07/13 Time 07:18:13
Latest News:

Parliament's Presidency addresses current developments

Yemen Launches Emergency Polio Vaccination Campaign

PM Launches Emergency Polio Vaccination Campaign

UN Secretary-General Condemns Houthi Attacks on Civilian Vessels in Red Sea

EU: Two million beneficiaries from Resilience Enhancement Program in eight governorates

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.