Minister of Planning highlights need for EU support for reforms program, developments projects
The Minister of Planning and International Cooperation Dr. Afrah al-Zouba discussed today, Tuesday, in the temporary capital Aden, with the Ambassador of the European Union (EU) to the Republic of Yemen Patrick Simonnet aspects of joint cooperation and partnership.
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 rises as markets assess supply risks
Oil prices rose today, Tuesday, due to supply concerns, with Brent crude futures climbing $2.89, or 2.9 percent, to $102.83 per barrel.
Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh
Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.
Last Update: ،
2026/03/31
Time
10:10:31
Latest News:
Minister Al-Kaf Discusses Enhancing Cooperation in Electricity, Energy with EU Ambassador
Yemenia resumes its flights from Aden to Amman
Al-Muharrami discusses latest Developments, Counterterrorism Efforts with US Ambassador
Al-Sharjabi discusses with FAO partnership in water, environment
Prime Minister Affirms Importance of Partnership with European Union
Latest News:
Minister Al-Kaf Discusses Enhancing Cooperation in Electricity, Energy with EU Ambassador
Yemenia resumes its flights from Aden to Amman
Al-Muharrami discusses latest Developments, Counterterrorism Efforts with US Ambassador
Al-Sharjabi discusses with FAO partnership in water, environment
Prime Minister Affirms Importance of Partnership with European Union
Central Bank announces implementation of the international system (IBAN)
[11/12/2024 05:59]
ADEN - SABA
The Central Bank of Yemen announced Wednesday the start of the actual implementation of the International Bank Account Number (IBAN) system.
This announcement came during an extensive meeting organized by the General Administration for Payment Systems at the bank, with the participation of representatives from commercial and Islamic banks operating in the republic.
During the meeting, the Deputy Governor of the Central Bank Dr. Mohammed Omar Banajeh highlighted the bank's interest in keeping up with global banking developments through support from the U.S. Agency for International Development (USAID).
He explained that the activation of the financial and banking performance system for Yemeni banks internationally aligns with the Central Bank of Yemen's plan and strategy to strengthen the financial inclusion program in Yemen, ensuring that banks operating in the Yemeni banking market comply with international financial and business standards, specifically ISO 13616.
Dr. Banajeh pointed out that the International Bank Account Number is characterized by the accuracy of banking transfers and the speed of execution at lower costs, which minimizes copying errors and avoids delays in executing electronic payments.
The Central Bank of Yemen announced Wednesday the start of the actual implementation of the International Bank Account Number (IBAN) system.
This announcement came during an extensive meeting organized by the General Administration for Payment Systems at the bank, with the participation of representatives from commercial and Islamic banks operating in the republic.
During the meeting, the Deputy Governor of the Central Bank Dr. Mohammed Omar Banajeh highlighted the bank's interest in keeping up with global banking developments through support from the U.S. Agency for International Development (USAID).
He explained that the activation of the financial and banking performance system for Yemeni banks internationally aligns with the Central Bank of Yemen's plan and strategy to strengthen the financial inclusion program in Yemen, ensuring that banks operating in the Yemeni banking market comply with international financial and business standards, specifically ISO 13616.
Dr. Banajeh pointed out that the International Bank Account Number is characterized by the accuracy of banking transfers and the speed of execution at lower costs, which minimizes copying errors and avoids delays in executing electronic payments.
Key words:
representatives - internationally - implementation - Administration - International - characterized - international - participation - developments - specifically -
Minister of Planning highlights need for EU support for reforms program, developments projects
Minister Al-Kaf Discusses Enhancing Cooperation in Electricity, Energy with EU Ambassador
Yemenia resumes its flights from Aden to Amman
Al-Muharrami discusses latest Developments, Counterterrorism Efforts with US Ambassador
Al-Sharjabi discusses with FAO partnership in water, environment
Prime Minister Affirms Importance of Partnership with European Union
Member of the Presidential Leadership Council, Mahmoud al-Subaihi, receives European Union Ambassador in Aden
Minister of Finance discusses with World Bank Vice President support to National Economy
Government team discussed with World Bank delegation ways to strengthen partnership expand development projects
Yemen Embassy Chargé d’Affaires discusses strengthening bilateral relations with South African official
