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Last Update: ، 2019/09/18 Time 09:05:37
Al-Yazidi informs Algerian FM on developments in Yemen
Yemen's Ambassador to Algeria Ali al-Yazidi discussed Tuesday with Director of Arab Countries Management at Algerian Ministry of Foreign Affairs Mohammad Yarqi latest developments in Yemen.
Secretary-General of the Arab League calls for assisting Yemenis
(Saba)- Secretary-General of the Arab League A hmed Aboul-Gheit on Monday appealed to the international community and humanitarian organizations to immediately provide assistance and relief to Yemenis.
Wall Street Closing
U.S. stocks closed higher Wednesday after the Federal Reserve (Fed) took a less aggressive stance than expected.
Yemen reaches 124th place in FIFA's monthly ranking
The national football team has moved up one place in FIFA's new monthly ranking reaching the 124th as published by the FIFA on Thursday.
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CBY finishes procedures to approve commodity imports totaling $61 million
[24/10/2018 03:39]

ADEN-SABA
Central Bank of Yemen (CBY) has accomplished necessary measures to cover credits for commodity imports through withdrawing from the Saudi deposit, fifth payments with total amount $61 million.

Approvals are also issued for the belated credits of the previous payment with total sum $66 million.a

Governor of CBY Dr Mohammed Zimam told the Yemeni News Agency (Saba) that drawing mechanisms have become simplified take less than seven days to be finished and cover all credits submitted from all provinces including the Hudramout traders' credits which all have been approved to import rice commodity, other credits will issued on Sunday.

Zimam stated that all credits will be carried out on Sunday so that merchants are notified to supply their money in the Yemen Rial (YR) to the CYB starting from tomorrow Thursday until Sunday.

Foreign exchange rate against US dollar is $1 for 585 (YR) until Monday October 29. This price for importing basic commodities.



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