Central Bank of Yemen withdraws $95 million from Saudi deposit

Yemen Launches Emergency Polio Vaccination Campaign

Yemen health authorities, in collaboration with the World Health Organization (WHO) and UNICEF, has launched an emergency polio vaccination campaign targeting children under the age of five across several governorates, including Marib, Taiz, Socotra, Shabwa, and Hodeidah.

Gaza Death Toll Rises to 55,297 Amid Ongoing Israeli Aggression

The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.

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.

Saudi Al-Hilal FC Eliminated from FIFA Club World Cup After 2-1 Defeat to Fluminense

Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.

Last Update: ، 2025/07/12 Time 03:25:51
Latest News:

PM Launches Emergency Polio Vaccination Campaign

UN Secretary-General Condemns Houthi Attacks on Civilian Vessels in Red Sea

EU: Two million beneficiaries from Resilience Enhancement Program in eight governorates

Central Bank discusses establishing fast payment company

Foreign Minister Meets with Outgoing Mexican Ambassador

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Central Bank of Yemen (CBY) announced that it has withdrawn $95 million of the Saudi deposit.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