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

Ambassador Turaik discusses enhancing bilateral cooperation academic field with President of Turkish Higher Education Authority

The Yemeni Ambassador to Turkey Mohammed Saleh Turaiq discussed Tuesday with the President of the Turkish Higher Education Authority, Professor Errol Özvar aspects of bilateral cooperation in the academic field and ways to support Yemeni students studying at Turkish universities.

Gaza Death Toll Rises to 55,297 Amid Ongoing Israeli Aggression

The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.

U.S. President plans to increase tariffs on steel, aluminum imports

U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.

Portugal Wins UEFA Nations League Title

Portugal claimed its second UEFA Nations League title after defeating Spain 5-3 in a penalty shootout, following a 2-2 draw after extra time. The match, held in Munich, Germany, saw both teams create scoring opportunities, but it was Portugal's precision in the penalty shootout that ultimately secured the victory.

Last Update: ، 2025/07/02 Time 02:33:30
Latest News:

International Rescue Committee, Marie Stopes Health Organization's interventions in remote areas discussed ..

Ambassador Turaik discusses enhancing bilateral cooperation academic field with President of Turkish ..

Al-Arada discusses developments in Yemen with U.S. Chargé d'Affaires

Parliament Speaker Meets Prime Minister to discuss current developments

President al-Alimi Meets with Parliament Speaker, members

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".