Central bank approves new regulations money exchange business

Taiz Armed Forces Repel Houthi Mobilization on Northern Front

The armed forces under the Taiz Axis repelled Houthi militia gatherings and military mobilization on the northern front of the city today, as the Iranian-backed militia shelled several villages in Maqbanah District west of the governorate and targeted civilian areas in Mokha.

UN Warns of Consequences of Rising Violence, Settlement Activity in West Bank

UN Deputy Special Coordinator for the Middle East Peace Process Ramiz Alakbarov warned Wednesday of the consequences of escalating violence and settlement activity in the occupied West Bank.

Tunisian Economy Grows 2.3 In 2Q

The Tunisian economy recorded a growth of 2.3 percent in the second quarter of this year, 2026, driven by improved performance in the agricultural sector and the services sector related to hotels, cafes and restaurants.

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: ، 2026/08/17 Time 09:48:42
Latest News:

Taiz Armed Forces Repel Houthi Mobilization on Northern Front

Health Minister Stresses Need to Enhance Preparedness for All Emergencies

Foreign Minister, Her Saudi Counterpart Discuss Partnership, Joint Cooperation to Manage Common Threats

'MASAM' Removes 7,444 Landmines, UXO, IED Over 14 Days

UK Warns of Dangerous Houthi Escalation, Reaffirms Commitment to Yemen’s Sovereignty

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.