Economic Committee says central bank committed to impartiality of banking

Yemen Condemns the Twin Bombings Targeting Damascus

The Ministry of Foreign Affairs and Expatriates expressed its strong condemnation and denunciation of the twin bombings that targeted the Syrian capital, Damascus, resulting in injuries to a number of civilians and security personnel.

Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks

The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.

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.

France Advance to World Cup Quarterfinals, Set Up Morocco Clash

France secured a place in the quarterfinals of the 2026 FIFA World Cup after edging Paraguay 1-0 in their Round of 16 encounter.

Last Update: ، 2026/07/08 Time 05:02:23
Latest News:

Masam Removes 180 Landmines from Farmland North of Midi, Restoring Hope for Farmers

Minister of Social Affairs Discusses Situation of Social Fund for Development with International Partners

President al-Alimi Praises Korea's Role In Supporting Yemen, Tightening Sanctions On Terrorist Militias

Yemen, Japan Explore Expanded Security Partnership

Prime Minister: Houthis Responsible for Derailing Peace Efforts

Economic Committee says central bank committed to impartiality of banking

[15/05/2019 02:27]

ADEN-SABA
The Economic Committee has affirmed that the country's central bank is committed to impartiality of banking and to ensuring that banks operate freely apart from any political exploitation.

The Committee made the remarks in a statement in the aftermath of Houthi crackdown on commercial banks in the rebels-held capital Sana'a to intimidate them into cutting business dealings with the government-run central bank in the temporary capital Aden.

The Committee indicated that the problems of cash shortage, depletion of foreign cash reserves and moving the monetary cycle to the black markets are all the outcomes of the Houthi militia's policy that has been around even a while before the relocation of the country's central bank from Sana'a to Aden.