Minister of Water discusses enhancing climate, water information systems with World Bank
Minister of Water and Environment Engineer Tawfiq al-Sharjabi held a meeting today via video conferencing with a team from the World Bank.
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.
Portugal Wins UEFA Nations League Title
Portugal claimed its second UEFA Nations League title after defeating Spain 5-3 in a penalty shootout, following a 2-2 draw after extra time. The match, held in Munich, Germany, saw both teams create scoring opportunities, but it was Portugal's precision in the penalty shootout that ultimately secured the victory.
User Name: Password:
CBY warns banks against failing to submit financials or move to Aden
[05/08/2021 03:21]

ADEN-SABA
The Central Bank of Yemen has warned commercial and Islamic banks of failing to submit their financial statements or move headquarters from Houthi militants-controlled Sana'a to the interim capital Aden.

The warning came in a meeting chaired by the CBY's deputy governor Shakib Alhobeishi in the temporary capital Aden on Thursday.

The CBY warned the said banks they would bear consequences for putting them on the non-compliant banks list that will be circulated to all local and international financial institutions and organizations of concern.

The CBY demanded the banks to submit their financial statements within 15 days.

It ordered all commercial and Islamic banks to promptly move head offices to Aden where the CBY operates to allow for an easy verification and auditing of their dealings.

The CBY called on all commercial companies and vendors to carry out no financial or banking transactions including opening letters of credit or money transfers with the banks prone to be listed as non-compliant. The CBY said it won't bear any responsibilities for any damages resulting from dealing with non-compliant banks.

It affirmed that it would cash the foreign bank accounts of only the compliant banks to cover their letters of credits and import finance remittances.


Human Rights Report: Houthi Militias kill, injure 3,835 women
Yemeni Leader Discusses Cooperation with Indian Ambassador
Leadership Council Chairman Meets with National Bloc Leaders to Discuss Challenges
Yemen Participates in Global Forum on Transport in Istanbul
Chairman of Leadership Council Holds a Meeting with the Supreme Security Committee, Attended by PM
Minister of Agriculture Discusses Agricultural and Fisheries Projects with FAO Delegation
Houthi militias detain civilians, assault women Mawiya district east Taiz
Cabinet Discusses Economic Challenges and Service Issues
Leadership Council Chairman Holds Security Meeting with Top Officials
Leader al-Zubaidi Discusses Current Situation and Peace Efforts with EU Envoy

About Saba News Agency | Usage Agreement | Contact Us