Central bank, money transfer businesses discusses compliance with rules

Torrential rains in Taiz cause deaths of 15 people, widespread material losses

Floods resulting from heavy rainfall hit districts of Mocha, Wawzaa, Alwaziyah, Jabal Habashi and Makbana on Friday March 27, 2026, caused significant human and material losses in several areas within host communities.

Arab League Calls for Confronting Rising Anti-Muslim Hate

The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.

Oil rises as markets assess supply risks

Oil prices rose today, Tuesday, due to supply concerns, with Brent crude futures climbing $2.89, or 2.9 percent, to $102.83 per barrel.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/03/30 Time 01:10:01
Latest News:

Houthi terrorist militias bombard IDP camp south of Hodeida

Minister of Interior praises American support for Yemeni security services

Minister of Planning discusses with WB joint efforts to expand development support

Minister of Electricity seeks American support for electivity

Vice Foreign Minister holds meeting with Yemeni Ambassadors to Arab countries

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.