Chairman of the Presidential Leadership Council Dr. Rashad Mohammed al-Alimi conducted a phone call Wednesday with Prime Minister Dr. Ahmed Awadh bin Mubarak to follow up on the developments of the low-pressure condition.
The European Parliament (EP) on Wednesday called for lifting Schengen land border controls for Bulgaria and Romania by the end of 2024. Air and sea border controls were scrapped on March 31, 2024.
Sales of passenger cars of Chinese brands increased by 26.4 percent year-on-year in the first quarter of 2024 as some 3.39 million vehicles were sold during the mentioned period.
The Spanish national team reached the final match of the European Nations League, after defeating Italy with two goals to one in the semi-finals of the tournament, to set a date in the final match with the Croatian national team, which succeeded in reaching the same role by defeating the Netherlands.
CBY works on electronic system to follow letters of credits
[23/06/2019 01:53]
ADEN-SABA
Governor of the Central Bank of Yemen (CBY) Hafez Meayad said " The CBY currently was working on establishing an electronic system to directly follow the movement of the transactions of letters of credits by the commercial bank or the client".
Meayad statement came as he chaired periodic meeting included the CBY, commercial and Islamic banks. The session aimed to discuss banking action to activate trade through opening letters of credits to import basic commodities and invigorate monetary cycle.
Meayad stated that the CBY is interested in offering every necessary support for the banks to help them managing challenges they are facing.