Economic Committee says central bank committed to impartiality of banking

President al-Alimi Launches Package of Relief Projects from King Salman Center to Support Taiz's Resilience, Help those Affected Across Yemen

His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC), visited today, Tuesday the King Salman Center for Relief and Humanitarian Work. He was received by Dr. Abdullah al-Rabeeah, Advisor at the Royal Court and General Supervisor of the Center, Saudi Arabia's Ambassador to Yemen, Mohammed al-Jaber, along with several leaders of the center and its partners in relief and humanitarian work.

GCC Secretary-General Welcomes UN Security Council’s Position on Houthi Attacks Against Saudi Arabia

The Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi has expressed his appreciation for the position conveyed by members of the United Nations Security Council in their presidential statement regarding the attacks carried out by the Houthi terrorist militia against the Kingdom of Saudi Arabia.

Brent Crude Futures Rise 12 Cents

Oil prices remained mostly unchanged in early Asian trading on Thursday following gains from the previous session and a sharp monthly increase.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/10/28 Time 01:16:59
Latest News:

Yemeni Ambassador Discusses Developments in Yemen with Czech Parliament Speaker

Aden Governor Discusses with UNICEF Strengthening Interventions in Water, Education

Green Climate Fund Approves Project Worth $28 Million to Develop 'CWIMEWS' in Yemen

Yemen, China Discuss Development and Humanitarian Cooperation

President al-Alimi Calls on Europe to Designate Houthis as Terrorist Organization

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.