Central Bank holds extraordinary meeting to discuss financial, cash developments

President al-Alimi Receives Mauritania’s Minister of State for Foreign Affairs

His Excellency President Dr. Rashad Mohammed al-Alimi, the Chairman of the Presidential Leadership Council, received Thursday, along with Council member Dr. Abdullah al-Alimi, the Minister of Foreign Affairs, African Cooperation, and Mauritanian's Abroad of the Islamic Republic of Mauritania, Dr. Mohamed Salem Ould Merzoug.

Arab League Calls for Confronting Rising Anti-Muslim Hate

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

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

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: ، 2026/05/07 Time 09:23:24
Latest News:

President al-Alimi Receives Mauritania’s Minister of State for Foreign Affairs

Aden Governor Discusses with Dutch Ambassador Implementation of Aden Port 'Master Plan' Project

Yemen Participates in 30th Meeting of Indian Ocean Tuna Commission

Minister of Health Discusses Joint Cooperation with Saudi Program

Governor of Socotra Discusses Support for Health Sector with UNFPA

Central Bank holds extraordinary meeting to discuss financial, cash developments

[20/05/2024 02:21]

ADEN-SABA
The Board of Directors of the Central Bank of Yemen held an extraordinary meeting Monday to review a range of financial and monetary developments and relations with regional and international financial institutions, in light of the discussions held with those institutions by the Central Bank's leadership and the Ministry of Finance.

The meeting, held via video conferencing, also reviewed the steps taken to implement the Central Bank's decision to transfer the business centers of banks from the captured capital, Sana'a, to the temporary capital, Aden, and the measures that will be taken against banks that fail to comply with the decision.

The meeting emphasized the deadline given to the banks to complete the transfer process, expressing great satisfaction with the support received for the decision at the local, regional, and international levels, considering the decision as a rescue for the banking sector and protection against the domination and arbitrariness of a group classified as a terrorist organization by the international community.

The meeting decided to postpone the discussion of the remaining topics to its next regular meeting on the 28th of May.