President al-Alimi Receives Written Message from Emir of Qatar
His Excellency Dr. Rashad al-Alimi, the Chairman of the Presidential Leadership Council, received a written response from his brother His Highness Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar in a reply to an earlier message from His Excellency concerning the fraternal relations between the two countries and the latest developments in Yemen.
Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent
The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.
Brent Crude Futures Rise 12 Cents
Oil prices remained mostly unchanged in early Asian trading on Thursday following gains from the previous session and a sharp monthly increase.
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: ،
2026/10/05
Time
08:33:13
Latest News:
US Secretary of State: Yemeni Forces Seek to Regain Territory, Saudi Arabia Has Right to Defend Itself
President al-Alimi Announces Launch of “Fajr al-Yemen” Operation to Restore State Institutions, Liberate ..
Yemen Scholars’ Association Supports Launch of Operation Yemen Dawn
Yemen Human Rights Minister Discusses Impact of Houthi Escalation with German Ambassador in Geneva
Yemen Coalition Says 324 High-Value Targets Destroyed in Yemen Dawn Operation
Latest News:
US Secretary of State: Yemeni Forces Seek to Regain Territory, Saudi Arabia Has Right to Defend Itself
President al-Alimi Announces Launch of “Fajr al-Yemen” Operation to Restore State Institutions, Liberate ..
Yemen Scholars’ Association Supports Launch of Operation Yemen Dawn
Yemen Human Rights Minister Discusses Impact of Houthi Escalation with German Ambassador in Geneva
Yemen Coalition Says 324 High-Value Targets Destroyed in Yemen Dawn Operation
Central Bank of Yemen notifies banks in Sana'a to relocate their HQs in Aden within 60 days
[02/04/2024 06:48]
ADEN-SABA
Governor of Central Bank of Yemen (CBY) Ahmed Ghalib issued today, Tuesday, a decree no (17) of 2024 about relocating headquarters (HQ) of the commercial and Islamic banks as well as Micro-Finance banks from the city of Sana'a to the temporary capital Aden.
The CBY gives the banks 60 to relocate their HQ, otherwise legal measures will be taken against the banks which fail to comply with the decree.
The decree states " Legal measures will be taken against the banks which fail to comply with the decree under the provisions of the Law of Controlling Money Laundering and Financing Terrorism and the internal bylaw of the Law".
The CBY attributed its decree to the ongoing illegal measures against the banks operate in Sana'a by a group has been designated a 'terrorist', a matter that risking freezing the banks' accounts and ceasing dealing with them externally.
The CBY noted that the Terrorist Houthi militias have taken measures to issue illegal coins that is messing up with financial and banking system in the country. The militias also prevented the banks and financial institutions from dealing with national currency, issuing illegal regulations that are set to cease the work of the banking laws and prevent banking transactions, systematically ruining the banking sector components.
The CBY confirmed that this decree is set to enable the bank to do its monitoring tasks in accordance with the law.
Governor of Central Bank of Yemen (CBY) Ahmed Ghalib issued today, Tuesday, a decree no (17) of 2024 about relocating headquarters (HQ) of the commercial and Islamic banks as well as Micro-Finance banks from the city of Sana'a to the temporary capital Aden.
The CBY gives the banks 60 to relocate their HQ, otherwise legal measures will be taken against the banks which fail to comply with the decree.
The decree states " Legal measures will be taken against the banks which fail to comply with the decree under the provisions of the Law of Controlling Money Laundering and Financing Terrorism and the internal bylaw of the Law".
The CBY attributed its decree to the ongoing illegal measures against the banks operate in Sana'a by a group has been designated a 'terrorist', a matter that risking freezing the banks' accounts and ceasing dealing with them externally.
The CBY noted that the Terrorist Houthi militias have taken measures to issue illegal coins that is messing up with financial and banking system in the country. The militias also prevented the banks and financial institutions from dealing with national currency, issuing illegal regulations that are set to cease the work of the banking laws and prevent banking transactions, systematically ruining the banking sector components.
The CBY confirmed that this decree is set to enable the bank to do its monitoring tasks in accordance with the law.
Key words:
systematically - SABA Governor - transactions - headquarters - institutions - Controlling - 'terrorist' - regulations - relocating - components -
President al-Alimi Receives Written Message from Emir of Qatar
President al-Alimi Announces Launch of “Fajr al-Yemen” Operation to Restore State Institutions, Liberate Capital Sana’a
Yemen Scholars’ Association Supports Launch of Operation Yemen Dawn
Yemen Coalition Says 324 High-Value Targets Destroyed in Yemen Dawn Operation
Yemeni Forces Drive Houthis Out of Bab al-Mandab, Encircle Hundreds
Yemeni Armed Forces Liberate Dhubab District After Clashes with Houthi Militias
President al-Alimi Declares Military Operations to Restore State Institutions, Take Control Over Entire National Territory
'MASAM' Removes 1,256 Houthi-Laid Landmines In Four Days
Foreign Minister Praises U.S. Support for Yemeni Government
Cabinet Approves Executive Measures for Fulfilling General Mobilization, Appreciates Saudi Support
