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

Minister al-Bakri praises Britain's support for Yemen

Minister of Youth and Sports Nayef al-Bakri praised the UK's supportive stances in support of Yemen and its internationally recognized government and leadership.

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 12:45:06
Latest News:

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

European Union Renews Support to Yemen’s Unity, Sovereignty, PLC

Presidential Leadership Council Member Tariq Saleh meets with senior German official

Presidential Directive Orders Closure of Unofficial Prisons, Release of Unlawfully Detained Individuals

Minister Arman and Vice FM Brief Diplomats on Rights Abuses in Hadramaut and Al-Mahra

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".