Central Bank of Yemen announces receiving approval to withdraw the 17th payment of Saudi deposit

Al-Aradah Emphasizes Importance of Unifying Media Discourse

Member of the Presidential Leadership Council Major General Sultan al-Aradah has emphasized the importance of strengthening coordination between official and private media institutions, consolidating a responsible media discourse and unifying efforts in a way that achieves integration and serves the comprehensive national media message.

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: ، 2025/12/17 Time 06:04:58
Latest News:

Major General Al-Zubaidi Emphasizes the Importance of Developing the Educational Process at Aden University

Foreign Minister meets with U.S. Ambassador

Foreign Minister praises China's support for Yemeni government

Al-Amiri emphasizes need to start implementing refugee pledges made at Global Refugee Forum

Health Ministry and WHO Collaborate to Strengthen Disease Surveillance and Vaccination Programs

Central Bank of Yemen announces receiving approval to withdraw the 17th payment of Saudi deposit

[24/02/2019 04:03]

ADEN-SABA
Media Center of Central Bank of Yemen (CBY) announced that the CBY has received the permission to withdraw the 17th payment from the Saudi deposit assigned to subsidize basic food stuffs.

The 17th payment amount is $59.5 million to cover the letters of credits submitted by local commercial banks around the country.

The CBY Media Center said in statement the Yemeni News Agency (Saba) received a copy of that the " Saudi deposit worth $2 billion allocated to cover the letters of credits submitted by traders to import basic food commodity( wheat, rice, sugar, children milk and oil cooking).

The CBY Media Center added " Exchange rate for letters of credits is 440 Yemeni Rial ( YR) for $1".