Eryani discusses with AEI officials Yemen situation and challenges posed by Houthi terror militia
Minister of Information, Culture and Tourism Muammar al-Eryani has met with officials from the American Enterprise Institute to discuss the situation in Yemen and the challenges posed by the terrorist Houthi militia.
Saudi and Turkish foreign ministers discuss promoting bilateral relations between the two countries
Saudi Foreign Minister Prince Faisal bin Farhan discussed with the Turkish Foreign Minister Hakan Fidan the bilateral relations between the two countries and ways to promote them.
Germany, Canada reiterate opposition to US tariffs.
Germany and Canada renewed today, Tuesday, their opposition to the tariffs that the new US administration began imposing on imports from abroad.
Saudi Al-Nasr beats UAE's Al-Wasl 4-0 in AFC Champions League Elite
Saudi Al-Nasr beat its guest, UAE's Al-Wasl, 4-0 in the match that brought them together at Al-Awal Park Stadium in Riyadh, as part of the seventh round of the AFC Champions League Elite 2024-2025.
Last Update: ،
2025/02/05
Time
07:52:43
Latest News:
Badhib: GDP declines 50 percent, inflation rises 200 percent due to Houthis' attacks on oil exports docks
Taiz Governor discusses preparations for 2025 fiscal year budget
Mahra Senior officials seek greater intervention by UNDP in fishery
Interior Minister Lauds Security Services' Efforts in Hadhramaut Valley
SPDRY participates in the 22nd meeting of Joint Technical Committee to identify Yemen's development needs ..
Latest News:
Badhib: GDP declines 50 percent, inflation rises 200 percent due to Houthis' attacks on oil exports docks
Taiz Governor discusses preparations for 2025 fiscal year budget
Mahra Senior officials seek greater intervention by UNDP in fishery
Interior Minister Lauds Security Services' Efforts in Hadhramaut Valley
SPDRY participates in the 22nd meeting of Joint Technical Committee to identify Yemen's development needs ..
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 -
Eryani discusses with AEI officials Yemen situation and challenges posed by Houthi terror militia
Interior Minister Lauds Security Services' Efforts in Hadhramaut Valley
Parliament Speaker meets Korean Ambassador
FM Meets US Ambassador
Leadership Council chairman congratulates al-Shara on assuming power in Syria
Leadership Council chairman receives an invitation from French President Emmanuel Macron
Deputy Foreign Minister, Korean Ambassador discusses ways to enhance bilateral relations
President al-Alimi: Relations with Kingdom exceptionally robust, terrorist designation the best peaceful option to deter the rogue militias
Yemen takes part in Second Meeting of Steering and Follow-up Committee of Regional Program for Arab Countries
Health Minister discusses with NAMRO joint cooperation
