President al-Alimi urges stimulating all potentials to make Abyan better
His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC) urged the Local Authority in Abyan governorate to double down efforts to improve establish security, stability and improve basic services.
Arab League Calls for Confronting Rising Anti-Muslim Hate
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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.
Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh
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Last Update: ،
2026/04/20
Time
05:30:34
Latest News:
President al-Alimi urges stimulating all potentials to make Abyan better
Foundation stone laid for three Saudi-funded water projects in Marib worth over $25 million
Taiz Governor Discusses Ways to Strengthen Humanitarian Response with WFP
President al-Alimi Warns of Risks of Iranian Regime’s Continued Investment in Terrorist Militias
Prime Minister, Foreign Minister meets with EU Special Representative for Gulf
Latest News:
President al-Alimi urges stimulating all potentials to make Abyan better
Foundation stone laid for three Saudi-funded water projects in Marib worth over $25 million
Taiz Governor Discusses Ways to Strengthen Humanitarian Response with WFP
President al-Alimi Warns of Risks of Iranian Regime’s Continued Investment in Terrorist Militias
Prime Minister, Foreign Minister meets with EU Special Representative for Gulf
Central bank approves new regulations money exchange business
[04/08/2021 12:33]
ADEN – SABA
The Central Bank of Yemen has approved new regulations money exchange business in all governorates of the Republic.
The Aden-based bank's new procedures will lead to addressing some of the shortcomings: improve the activity function of money exchange businesses, develop their performance, raise their efficiency and level of discipline, reduce the risks associated with the business, and contribute to achieving monetary and financial stability.
The regulation set strict conditions for new money exchange investors applying for licenses to enter the business, by stipulating that a number of general eligibility conditions be met including the submission of economic feasibility studies.
The Central Bank of Yemen has approved new regulations money exchange business in all governorates of the Republic.
The Aden-based bank's new procedures will lead to addressing some of the shortcomings: improve the activity function of money exchange businesses, develop their performance, raise their efficiency and level of discipline, reduce the risks associated with the business, and contribute to achieving monetary and financial stability.
The regulation set strict conditions for new money exchange investors applying for licenses to enter the business, by stipulating that a number of general eligibility conditions be met including the submission of economic feasibility studies.
Key words:
governorates - shortcomings - eligibility - regulations - stipulating - performance - feasibility - regulation - submission - efficiency -
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