Marib central bank permits new money exchangers, closes others

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: ، 2026/05/08 Time 03:40:57
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

Marib central bank permits new money exchangers, closes others

[15/08/2018 06:54]

MARIB-SABA
The branch of the central bank in Marib has permitted 33 new money exchangers to enter the business and ordered 32 violators of the rules to be shut down. The manager of the bank's branch Jamal al-Kamel said on Wednesday the bank had approved 33 exchangers to operate within the geographical range of Marib province.

He said the bank would continue to receive applications for permits for a month and if the applications exceed the maximum permits allowed, the bank would select the most qualified.

Earlier the bank had closed 32 exchangers in the provincial capital and outskirts of Marib and referred the owners of these businesses to court. The dealers were accused of practicing the business without permits and speculating with the national currency, Riyal, which contributed to its recent devaluation against other currencies.