President al-Alimi returns to Aden
Chairman of the Presidential Leadership Council Dr. Rashad al-Alimi returned Sunday to the temporary capital Aden, accompanied by Prime Minister Salem Saleh Bin Breik, after a fruitful official visit to the Russian Federation.
Gaza Death Toll Rises to 54,381 Amid Ongoing Israeli Aggression
GAZA-SABA The death toll from the Israeli aggression on the Gaza Strip since October 2023 has risen to 54,381, with 124,054 injured, according to medical sources.
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.
Napoli Wins Serie A Title for Fourth Time
Napoli won the Serie A title for the fourth time in its history, after defeating Cagliari 2-0 in the 38th and final round of the competition.
User Name: Password:
The CBY takes decisions to carry out its functions
[12/04/2018 05:17]
ADEN-SABA
The Central Bank of Yemen (CBY) has taken several decisions aiming to operate its main headquarter in the interim capital Aden. The decisions have been approved by joint meeting included Board of Directors of the CBY and Representatives of the Banks, Chamber of Trade and Industry and private-sector.

The meeting held Thursday presided over by the governor of the CBY Dr Mohammed Mansour Zemmam, in the interim capital Aden.

The decisions included resuming the banking credit coverage of the basic commodities imports, through opening banking credits by national banks around the country. This shall be commenced in the beginning of next June, it shall make use of the Suadi Arabia's $2 billion deposit.

The decisions also included resuming dealing with checks concerning to the public revenues.

The governor Dr Mohammed Zemmam gave keynote speech in which he outlined the CBY action-plan, objectives and mechanism. He stated that the CBY has got 3-month- action plan, affirming that the CBY is responsible for the public debt as official institution. He also noted that expenditures including salaries will be paid through the banks, and mini-banknotes( 100-200-250 YR) will be issued and made available, and old ones will be withdrawn.


President al-Alimi returns to Aden
Yemen's Minister of Water and Environment Meets with Samaritan's Purse to Enhance Water Sector Collaboration
Houthi Militia Commits Atrocities in Yemen's Dhamar Province
President al-Alimi meets with Arab Ambassadors to Russia
Vice Foreign Minister receives copy of credentials of the Somali Ambassador
Leadership Council Chairman Warns of Iranian Expansion at Institute of Oriental Studies
Chairman of Leadership Council Honors Russian Scholar with Medal of Merit
Ambassador Fakirah Meets with Jordanian Official to Discuss Bilateral Relations
Presidential Council Chairman Holds Bilateral Talks with Russian President Vladimir Putin
President al-Alimi lays a wreath at the grave of the unknown Russian soldier

About Saba News Agency | Usage Agreement | Contact Us