Central Bank Board Approves Measures to Strengthen Financial and Monetary Stability
The Board of Directors of the Central Bank of Yemen approved on Thursday a set of measures and directives aimed at improving institutional performance and reinforcing financial and monetary stability, concluding its sixth session of the year in the temporary capital, Aden, chaired by Central Bank Governor and Board Chairman Ahmed Ahmed Ghaleb.
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Last Update: ،
2026/06/25
Time
04:42:11
Latest News:
Yemen and ESCWA Discuss Strengthening Cooperation on Development Policies
Water Minister, Partners Review Progress on Water and Sanitation Projects
Health Minister, WHO Review Measures to Enhance Disease Surveillance and Outbreak Response
Governor of Aden, Japanese Ambassador Discuss Support for Development Efforts
West Asia Journalists Union Condemns Killing of Yemeni Journalist Mohammed Aidha
Latest News:
Yemen and ESCWA Discuss Strengthening Cooperation on Development Policies
Water Minister, Partners Review Progress on Water and Sanitation Projects
Health Minister, WHO Review Measures to Enhance Disease Surveillance and Outbreak Response
Governor of Aden, Japanese Ambassador Discuss Support for Development Efforts
West Asia Journalists Union Condemns Killing of Yemeni Journalist Mohammed Aidha
Prime Minister inspects giant telecom. project
[01/08/2017 02:08]
ADEN-SABA
Prime Minister Ahmad Obeid bin-Daghr inspected on Tuesday the project the Euro-Asian- African Marine Cable to be installed in Yemen during the forthcoming three months.
The project worth USD 25 million with 25 thousand KM. length is extended from Hong Kong crossing Aden and ending in Marseille. Yemen is a key partner in the project aiming to strength telecommunication signal linking East of Asia with Europe.
President Abdo Rabbu Manshour Hadi laid the foundation stone of the project in 2013 as one of the most important technical projects Yemen is carrying out, said bin-Daghr. The project.
"Today, and after huge and successful efforts, we are harvesting the fruit of the giant project, which will achieve a breakthrough in telecommunication and internet," said bin-Daghr.
He added that the net speed, which will be provided by the project, is 40 times higher than the currently-used speed to reach 1800 byte per second, a matter which will provide better service to the people with lower cost and provide high net speed to keep pace with international standards.
He praised efforts of the Ministry of Telecommunications and Information Technology for accomplishing the project, which will enter service across Yemen during the forthcoming months.
" With directives from the President, we have carried out a number of projects and overcome many challenges facing us, especially in power field," said Premier bin-Daghr, adding they are working in improving service projects and will be opened soon in the future.
Bin-Daghr, who called all Yemeni people for integration, working together, abandoning differences and delaying small projects that do not serve the homeland, said the government is planning to implement strategic projects.
Prime Minister Ahmad Obeid bin-Daghr inspected on Tuesday the project the Euro-Asian- African Marine Cable to be installed in Yemen during the forthcoming three months.
The project worth USD 25 million with 25 thousand KM. length is extended from Hong Kong crossing Aden and ending in Marseille. Yemen is a key partner in the project aiming to strength telecommunication signal linking East of Asia with Europe.
President Abdo Rabbu Manshour Hadi laid the foundation stone of the project in 2013 as one of the most important technical projects Yemen is carrying out, said bin-Daghr. The project.
"Today, and after huge and successful efforts, we are harvesting the fruit of the giant project, which will achieve a breakthrough in telecommunication and internet," said bin-Daghr.
He added that the net speed, which will be provided by the project, is 40 times higher than the currently-used speed to reach 1800 byte per second, a matter which will provide better service to the people with lower cost and provide high net speed to keep pace with international standards.
He praised efforts of the Ministry of Telecommunications and Information Technology for accomplishing the project, which will enter service across Yemen during the forthcoming months.
" With directives from the President, we have carried out a number of projects and overcome many challenges facing us, especially in power field," said Premier bin-Daghr, adding they are working in improving service projects and will be opened soon in the future.
Bin-Daghr, who called all Yemeni people for integration, working together, abandoning differences and delaying small projects that do not serve the homeland, said the government is planning to implement strategic projects.
Key words:
Telecommunications - telecommunication - international - President - accomplishing - breakthrough - Information - forthcoming - integration - SABA Prime -
Central Bank Board Approves Measures to Strengthen Financial and Monetary Stability
Yemen and ESCWA Discuss Strengthening Cooperation on Development Policies
Water Minister, Partners Review Progress on Water and Sanitation Projects
Health Minister, WHO Review Measures to Enhance Disease Surveillance and Outbreak Response
Governor of Aden, Japanese Ambassador Discuss Support for Development Efforts
West Asia Journalists Union Condemns Killing of Yemeni Journalist Mohammed Aidha
Ambassador al-Toqi Calls for Flexible, Sustainable Funding to Strengthen Food Security
UN Honors Yemen's Ambassador to Washington Among Leading Arab Women Diplomats
Minister of Planning Discusses Strengthening Partnership, Supporting Development Sectors with Save the Children Country Director
Republican Decree Forming Supreme Tender, Auction Committee Issued 
