President al-Alimi: Dealing with Houthis as Authority of Fait Accompli Means Legitimizing Divine Right, Racism, Weapons Outside State
His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC) stated that any approach to put an end of the war in Yemen will never be successful, unless it deals with the Houthi militias as part of an Iranian cross-border scheme, and not as a local political party, warning that reducing any crisis of this kind to truces and arrangements for a ceasefire will lead to temporary risk management rather than building sustainable peace.
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The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.
Oil price tops $100 a barrel
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Inter Milan a win away from Serie A title
Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.
Last Update: ،
2026/05/15
Time
04:52:42
Latest News:
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Latest News:
Yemen’s Higher Education Minister Explores Academic Ties with Somalia, Libya
Economic Council Addresses Yemen’s Financial Crisis and Service Shortfalls
Breakthrough Deal Reached to Free 1,750 Detainees in Yemen
Yemeni Ambassador Meets Moroccan Parliament Deputy Speaker to Boost Legislative Ties
Meeting Discusses Country Program Document for UNDP for 2027-2029
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: Dealing with Houthis as Authority of Fait Accompli Means Legitimizing Divine Right, Racism, Weapons Outside State
Economic Council Addresses Yemen’s Financial Crisis and Service Shortfalls
Yemeni Ambassador Meets Moroccan Parliament Deputy Speaker to Boost Legislative Ties
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Yemen’s Local Administration Ministry Holds Talks with EU Mission on Strengthening Local Governance
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President al-Alimi: The State Committed to Providing Protection, Assistance for Humanitarian Work Community
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Central Bank of Yemen Denies Archive Fire Rumors, Confirms Minor Electrical Fault Contained in Aden
