Central Bank of Yemen withdraws $95 million from Saudi deposit

Taiz Armed Forces Repel Houthi Mobilization on Northern Front

The armed forces under the Taiz Axis repelled Houthi militia gatherings and military mobilization on the northern front of the city today, as the Iranian-backed militia shelled several villages in Maqbanah District west of the governorate and targeted civilian areas in Mokha.

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 08:57:57
Latest News:

Taiz Armed Forces Repel Houthi Mobilization on Northern Front

Health Minister Stresses Need to Enhance Preparedness for All Emergencies

Foreign Minister, Her Saudi Counterpart Discuss Partnership, Joint Cooperation to Manage Common Threats

'MASAM' Removes 7,444 Landmines, UXO, IED Over 14 Days

UK Warns of Dangerous Houthi Escalation, Reaffirms Commitment to Yemen’s Sovereignty

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Central Bank of Yemen (CBY) announced that it has withdrawn $95 million of the Saudi deposit.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.