Central bank, money transfer businesses discusses compliance with rules

PM praises Germany's support for Yemen, appreciates its humanitarian assistance

The Prime Minister Salem bin Braik met today, Tuesday, with the Special Commissioner of the German Federal Foreign Office for the Middle East, Near East and North Africa Tobias Tunkel and the Ambassador of the Federal Republic of Germany to the Republic of Yemen Thomas Friedrich.

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).

Record rise in gold, silver due to demand for safe havens

The price of gold surpassed the $4,600 per ounce level for the first time today, Monday, while silver prices also surged to their highest level ever.

Morocco and Senegal qualify for the semi-finals of the Africa Cup of Nations

The Moroccan national team qualified for the semi-finals of the Africa Cup of Nations after defeating Cameroon 2-0 in their match at Prince Moulay Abdellah Stadium in the Moroccan capital, Rabat.

Last Update: ، 2026/01/13 Time 04:19:05
Latest News:

Yemen joins the 5th International Mining Conference in Riyadh

Baggash deeply appreciates China's support for Yemen's unity, territorial integrity

Yemeni Ambassador, Belgian Envoy Discuss Developments in Yemen

Minister al-Bakri praises Britain's support for Yemen

Dr. Abdullah Bawazir confers with British Ambassador over developments in Yemen

Central bank, money transfer businesses discusses compliance with rules

[04/08/2019 12:42]

ADEN-SABA
The national central bank and money exchange and transfer businesses have sat together and discussed the latter's compliance with rules.

The meeting held today in the temporary capital Aden addressed the mechanism of operation of the remittance networks especially the measures that reduce the risks of violations, e.g. refraining from interfacing with unlicensed money exchangers and currency speculators.

The Assistant Deputy Governor for Control on Banks Mansour Rajeh indicated that next year will see the installation of one computer-based network for all money exchange and transfer business in the country to prevent currency speculation and the risks of financing terrorism.