Central Bank of Yemen withdraws $95 million from Saudi deposit

Yemen’s Acting Ambassador in Addis Ababa Discusses Strengthening Joint Cooperation with Ethiopian Official

Yemen’s Chargé d’Affaires at the Embassy in Addis Ababa Ambassador Abdulqader Hadi discussed Friday with the Director General of the Middle East, Asia, and Indian Ocean Affairs Department at the Ethiopian Ministry of Foreign Affairs Ambassador Dewano Khader ways to enhance bilateral relations and strengthen joint cooperation and coordination between the two friendly countries.

Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks

The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.

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.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/06/26 Time 10:02:17
Latest News:

Ambassador al-Asbahi discusses with President of Moroccan Court Cooperation in Justice

Inspector General of Armed Forces Discusses Latest Developments with EU and Dutch Ambassadors to Discuss ..

Ministry of Finance Concludes National Workshop on Social Expenditure Observatory in Yemen

Shura Council Chairman Arrives in Cairo to Participate in Conference for Arab Parliament

Al-Arada Receives European Union and Netherlands Ambassadors

Central Bank of Yemen withdraws $95 million from Saudi deposit

[18/02/2019 12:34]

ADEN-SABA

Central Bank of Yemen (CBY) announced that it has withdrawn $95 million of the Saudi deposit. It is the 16th payment allocated to import basic food commodity .

The CBY said" The Saudi deposit has been allocated to subsidize basic food stuffs for the whole population of Republic of Yemen, without any discrimination in prices of the letters of credits in accordance with 2018 exchange rate of 440 Rial for $1..".

The CBY stated that the banks which submitted applications for coverage of their external credits should go to the CBY to get procedures for opening letters of credits accomplished on Thursday 21 and Saturday 23 of this month February 2019.