Marib central bank permits new money exchangers, closes others

Al-Muharrami, US Chargé d’Affaires Review Developments, Bilateral Cooperation

Presidential Leadership Council Member Abdulrahman al-Muharrami met today with US Chargé d’Affaires to Yemen Neil Hop to review the latest developments in Yemen and the region and discuss several issues of mutual concern.

UN Warns of Consequences of Rising Violence, Settlement Activity in West Bank

UN Deputy Special Coordinator for the Middle East Peace Process Ramiz Alakbarov warned Wednesday of the consequences of escalating violence and settlement activity in the occupied West Bank.

Tunisian Economy Grows 2.3 In 2Q

The Tunisian economy recorded a growth of 2.3 percent in the second quarter of this year, 2026, driven by improved performance in the agricultural sector and the services sector related to hotels, cafes and restaurants.

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: ، 2026/08/17 Time 01:19:28
Latest News:

State Minister, US Chargé d’Affaires Discuss Houthi Attacks

Al-Khanbashi Praises Kuwait’s Sustained Support for Humanitarian and Development Projects

Yemen Victims Network Documents 18 Civilian Casualties in Three Governorates in One Week

Taiz Armed Forces Repel Houthi Mobilization on Northern Front

Health Minister Stresses Need to Enhance Preparedness for All Emergencies

Marib central bank permits new money exchangers, closes others

[15/08/2018 06:54]

MARIB-SABA
The branch of the central bank in Marib has permitted 33 new money exchangers to enter the business and ordered 32 violators of the rules to be shut down. The manager of the bank's branch Jamal al-Kamel said on Wednesday the bank had approved 33 exchangers to operate within the geographical range of Marib province.

He said the bank would continue to receive applications for permits for a month and if the applications exceed the maximum permits allowed, the bank would select the most qualified.

Earlier the bank had closed 32 exchangers in the provincial capital and outskirts of Marib and referred the owners of these businesses to court. The dealers were accused of practicing the business without permits and speculating with the national currency, Riyal, which contributed to its recent devaluation against other currencies.