Presidential Leadership Council reviews national, regional developments
The Presidential Leadership Council (PLC) held a meeting Today, Thursday, presided over by His Excellency President Dr. Rashad al-Alimi, Chairman of the Council, with the presence of its members Aidarous al-Zubaidi, Dr. Abdullah al-Alimi, Othman Mujalli and via video conference Tariq Saleh and Abdul Rahman al-Mahrami, while Council members Sultan al-Aradah and Faraj al-Bahsani were absent with excuse.
Bulgaria, Romania, Austria to sign declaration supporting Bulgaria's accession to Schengen by land
Bulgaria’s Caretaker Prime Minister has said that on Friday, November 22, the interior ministers of Bulgaria, Romania and Austria will sign a declaration supporting the full membership of Bulgaria to the Schengen Zone.
S. Korea's exports rise up 5.8 percent
South Korea's exports rose 5.8 percent year-on-year in the first 20 days of November, driven by strong global demand for semiconductors and ships.
Portugal beats Poland 5-1 qualifying for knockout stages of UEFA Nations League
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Last Update: ،
2024/11/22
Time
12:29:01
Latest News:
Al-Zubaidi: Australia's designation Houthis, terrorist group supports international unity against terrorism
Al-Aradah discusses military developments with advisor of UN envoy for Yemen
CBY Deputy Governor discusses economic, financial developments with Chinese diplomat
Yemen signs an agreement with Arab League to organize goods transport on highways
PM receives Chinese Chargé d'Affaires to Yemen
Latest News:
Al-Zubaidi: Australia's designation Houthis, terrorist group supports international unity against terrorism
Al-Aradah discusses military developments with advisor of UN envoy for Yemen
CBY Deputy Governor discusses economic, financial developments with Chinese diplomat
Yemen signs an agreement with Arab League to organize goods transport on highways
PM receives Chinese Chargé d'Affaires to Yemen
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 -
Presidential Leadership Council reviews national, regional developments
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Maj. General al-Zubaidi, Turkish Ambassador discuss joint cooperation
