UN Security Council Reaffirms Commitment to Yemen’s Unity and Sovereignty
Members of the United Nations Security Council reaffirmed their strong commitment to the unity, sovereignty, independence, and territorial integrity of Yemen, as well as their support for the Yemeni people.
Bulgarian Tourist Union to Celebrate 130 Years of Organized Tourism in Bulgaria
The Bulgarian Tourist Union (BTU) will organize a hike for hundreds of mountain lovers, starting from the Ivan Vazov National Theatre to Mt. Cherni Vrah, to celebrate 130 years of organized tourism in Bulgaria.
Emirati economy grows 5.3 percent in non-oil businesses
The real GDP of the United Arab Emirates (UAE) recorded a growth of 3.9 percent, reaching 455 billion dirhams in the first quarter of 2025, compared to the same period in 2024.
Leeds United beat Everton in English Premier League
Leeds United beat Everton 1-0 at Elland Road in the final round of the English Premier League.
Last Update: ،
2025/09/13
Time
09:30:15
Latest News:
Ambassador Al-Sunaini Meets Japan's Special Envoy for Peace and Stability
Al-Arada meets with Head of the Judicial Council, Head of the Supreme Court, Justice Minister
Attorney General discusses with his Emirati counterpart strengthening bilateral cooperation in legal ..
Tariq Saleh launches school bag project for 26,000 pupils
Yemen participates in meetings for International Atomic Energy Agency in Vienna
Latest News:
Ambassador Al-Sunaini Meets Japan's Special Envoy for Peace and Stability
Al-Arada meets with Head of the Judicial Council, Head of the Supreme Court, Justice Minister
Attorney General discusses with his Emirati counterpart strengthening bilateral cooperation in legal ..
Tariq Saleh launches school bag project for 26,000 pupils
Yemen participates in meetings for International Atomic Energy Agency in Vienna
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 -
UN Security Council Reaffirms Commitment to Yemen’s Unity and Sovereignty
U.S. Treasury imposes sanctions on 32 individuals, entities, 4 ships linked to Houthis
Yemen Participates in 5th Advisory Committee Meeting for Industrial Development in Rabat
Major General Al-Zubaidi Visits Aden Police and Reviewes Workflow in Its Departments
PetroMasila Completes Major Energy Grid Expansion in Aden
Al-Eryani: Yemen retrieves 16 artifacts, thanks to French authorities cooperation
President al-Alimi praises Judicial authority's role in backing reforms program
FM meets with Ambassador of Saudi Arabia to Yemen
President al-Alimi receives annual report of NCTIAVHR
Vice Foreign Minister appreciates positive positions of EU in support of Yemen
