Saudi Arabia announces $1 billion deposit in the account of the Yemeni Central Bank account

Presidential Leadership Council reviews national, regional developments

The Presidential Leadership Council (PLC) held a meeting Today, Thursday, presided over by His Excellency President Dr. Rashad al-Alimi, Chairman of the Council, with the presence of its members Aidarous al-Zubaidi, Dr. Abdullah al-Alimi, Othman Mujalli and via video conference Tariq Saleh and Abdul Rahman al-Mahrami, while Council members Sultan al-Aradah and Faraj al-Bahsani were absent with excuse.

Bulgaria, Romania, Austria to sign declaration supporting Bulgaria's accession to Schengen by land

Bulgaria’s Caretaker Prime Minister has said that on Friday, November 22, the interior ministers of Bulgaria, Romania and Austria will sign a declaration supporting the full membership of Bulgaria to the Schengen Zone.

S. Korea's exports rise up 5.8 percent

South Korea's exports rose 5.8 percent year-on-year in the first 20 days of November, driven by strong global demand for semiconductors and ships.

Portugal beats Poland 5-1 qualifying for knockout stages of UEFA Nations League

Portugal qualified for the knockout stages after of UEFA National League after defeating Poland 5-1.

Last Update: ، 2024/11/21 Time 10:41:01
Latest News:

Al-Zubaidi: Australia's designation Houthis, terrorist group supports international unity against terrorism

Al-Aradah discusses military developments with advisor of UN envoy for Yemen

CBY Deputy Governor discusses economic, financial developments with Chinese diplomat

Yemen signs an agreement with Arab League to organize goods transport on highways

PM receives Chinese Chargé d'Affaires to Yemen

Saudi Arabia announces $1 billion deposit in the account of the Yemeni Central Bank account

[21/02/2023 06:36]

RIYADH - SABA
The Kingdom of Saudi Arabia announced, today evening, Tuesday, that it has put an amount of one billion USD in the account of the Central Bank of Yemen (CBY) as a deposit.

The Saudi Press Agency (SPA) carried out a statement reads " As per the directives of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness the Crown Prince, the Kingdom of Saudi Arabia signed a deposit agreement with the Central Bank of Yemen with an amount of $1 billion, which was fully deposited in the Bank’s account".

The statement noted" This deposit will contribute to strengthening capabilities in the field of implementing the economic reform program for the Republic of Yemen with the Arab Monetary Fund as a technical body.

The program aims to develop a clear roadmap and a vision that takes care of the Yemeni people first and addresses their needs, in addition to strengthening efforts to build reserves at the Central Bank of Yemen to enable it to enhance economic stability".