The European Union mission in Yemen announced the conclusion of the final phase of the joint program to enhance resilience in rural areas of Yemen, which has benefited more than 2.3 million people in eight governorates.
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 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 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.
CYB: Only banks can offer electronic payment services
[01/04/2020 12:20]
ADEN - SABA
The Central Bank of Yemen (CYB) in Aden said" The CYB is the only authorized body to issue monetary and gives licenses to offer electronic payment, and the decree issued recently by the branck of the CYB in Sana'a about authorizing certain financial institutions identified by Sana'a branch to offer electronic payment service via mobile is a decree issued by an authority isn't legally entitled to do so, thus there is no law about regulizing these financial institutions' action, nor there is legal framework allows institutions otherwise the banks to offer such services".
Thereby, establishing financial institutions outside the law to issue electronic currency without restrictions and coverage is considered to be legally annuled will cause distrust among the public and create inflationary pressures upon national economy.
In a statement the Yemeni News Agency (Saba) learned, the CYB called on the banks to offer electronic payment services given that they are the authorized financial institutions to do so in accordance with the laws and regulations in effects.
The CYB stated that the banks should get the licenses to provide electronic payment from the hadquarters of the CYB in the interim capital Aden.
The CYB warns everybod that any decrees or instructions are issued by the branch of the CBY in Sana'a should never be dealt with.