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:
Zemam, Hudramout businessmen discuss mechanism of open letters of credits for importing food stuffs
[08/11/2018 07:03]

ADEN-SABA
Governor of Central Bank of Yemen (CBY) Dr Mohammed Zemam held meeting Thursday with a group of businessmen and investors of Hudramout province.

The session intended to discuss the new mechanism the CBY has opted to ease and facilitate procedures to open letters of credits to import basic food stuffs which are being subsidized through the $2billion Saudi deposit.

The needed amounts of foreign currency to cover imports of basic stuffs which total costs less than $200 thousands were also addressed.

The businessmen cited obstacles they have faced as they submitted their applications for first and second payments the CBY offered.

Zemam stated that former troubles have been overcome and new easy mechanism has been adopted, can be accomplished within less than three days by the bank's staff.


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