Central bank withdraws $59 mln from Saudi deposit to finance basic imports

President al-Alimi praises adherence of Shoura Council, political parties to references of transitional stage

His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC) praised the nationalistic and responsible stances of the Shoura Council and the National Coalition of the Political Parties (NCPP) which affirmed their categorical rejection of any unilateral measures that weaken state institutions or undermine the existing partnership among national forces battling the Iranian regime backed Houthi terrorist militias.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

African Development Bank supports transport infrastructure in Somalia with $76 million

The African Development Bank has approved additional funding of $76.37 million for the road infrastructure program in Somalia, which is a key component of the Horn of Africa Corridor project connecting Somalia, Djibouti, and Ethiopia.

CAF Unveils Official Mascot for 2025 Africa Cup of Nations in Morocco

The Confederation of African Football (CAF) and the Local Organizing Committee unveiled the official mascot for the 2025 Africa Cup of Nations in Morocco, named "Asad" (Lion), embodying a symbol of African pride and passion for football.

Last Update: ، 2025/12/15 Time 06:38:10
Latest News:

Yemen Participates in 19th Meeting of CEDARE Board of Trustees in Virtual Session

Foreign Minister meets with Austria's Special Envoy

Maj. General al-Zubaidi briefed on health services in government-held governorates

Minister al-Soqatri Discusses with World Food Program Support for Agricultural, Fisheries Sector Projects

Guterres: What Hadhramaut is witnessing is a dangerous development, Houthis' arrest of UN employees unacceptable

Central bank withdraws $59 mln from Saudi deposit to finance basic imports

[24/01/2019 12:44]

ADEN-SABA
Yemen's Central Bank confirmed on Thursday it had received an approval to withdraw $22 million and $37 million two new installments from the Saudi deposit to cover the import of basic commodities into Yemen.

In a press release the bank said the processed amounts will cover the import bills for wheat, rice and sugar presented by a number of private banks.

The withdrawal transaction transaction takes no more than 15 days until the cash is transferred to the applicant banks, the press release said.