Central bank will see improvement in its institutional structure, says governor

Al-Arada Calls for Crackdown on Houthi Smuggling Networks

Member of the Presidential Leadership Council Sultan Al-Arada called Monday for tighter security measures and greater coordination among military and security forces in Al-Mahrah to counter smuggling networks operated by the Iranian-backed Houthi militia.

Helicopter Crashes While Fighting Wildfire in Utah

A helicopter crashed Saturday while taking part in firefighting efforts against a large wildfire in the U.S. state of Utah, with no immediate information available on the condition of the two people aboard.

Gold Edges Higher Ahead of U.S. Jobs Data

Gold prices edged higher on Tuesday as investors awaited a series of U.S. labor market reports for fresh signals on the future path of U.S. interest rates.

England Claim FIFA World Cup 2026 Bronze with Victory over France

England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.

Last Update: ، 2026/08/10 Time 02:33:18
Latest News:

Al-Arada Calls for Crackdown on Houthi Smuggling Networks

Health Minister, Doctors of the World Discuss Expanding Cooperation

Yemeni Ambassador, Turkish Migration Chief Discuss Yemeni Community

Yemen Water and Environment Minister Reviews Projects with UNOPS Official

Minister of Public Works Praises China's Role in Creating Roads in Yemen

Central bank will see improvement in its institutional structure, says governor

[26/03/2019 06:35]

ADEN-SABA
The newly appointed governor of Yemen's central bank, Hafedh Mi'ayad, said in the coming period of time the bank will see an improvement in its institutional structure.

Presiding over a meeting of the bank's senior staff here today, he elaborated that the improvement will take place through several measures including restoring the monetary cycle and building close relations with commercial and Islamic banks and creating opportunities to revitalize economic life.

He said the bank will be restructured to keep up with the modernizations in counterpart central banks in the region.

Separately the governor met the visiting head of the EU Delegation to Yemen Antonia Calvo-Puerta and her companions.

He said the bank's management welcomes any support from the EU. Calvo-Puerta affirmed the willingness of the EU to offer support in the field of staff training to develop the bank's capacity.