Marib central bank permits new money exchangers, closes others

National Defense Council Holds Houthi Militias, Iranian Regime Accountable for Escalation, Approves Measures to Protect Sovereignty

The Presidential Leadership Council (PLC) headed by His Excellency President Dr. Rashad al-Alimi, Chairman of the Council and Commander-in-Chief of the Armed Forces, held a joint meeting today, Monday, with the National Defense Council, (NDC) in the presence of all its members: Sultan al-Arada, Tariq Saleh, Abdulrahman al-Mahrami, Dr. Abdullah al-Alimi, Othman Majli, Mahmoud al-Subaihi and Salem al-Khanbashi.

U.S. Extends Work Permits for Temporary Protected Status Holders

The U.S. administration has extended work permits for hundreds of thousands of migrants from Haiti and six other countries who are protected under the Temporary Protected Status (TPS) program, just hours before the permits were due to expire.

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.

France Advance to World Cup Quarterfinals, Set Up Morocco Clash

France secured a place in the quarterfinals of the 2026 FIFA World Cup after edging Paraguay 1-0 in their Round of 16 encounter.

Last Update: ، 2026/07/14 Time 06:55:29
Latest News:

Minister of Planning Confers with UN Resident Coordinator over Joint Coordination

Minister of Social Affairs Discusses with PASS Foundation Ways To Promote Empowerment Programs

Denmark Condemns Iranian Support for Houthis, Calls for Respect for Yemen's Sovereignty and Stability

National Coalition of Parties Announces Full Support for Chairman of Leadership Council, Measures Taken ..

Minister of Trade, His Libyan Counterparts Discuss Bilateral Cooperation

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.