Search For:
Local
International
Economic
Sports
Last Update: ، 2021/01/19 Time 05:56:17
Al-Iryani explores UNISCOW's assistance to retrieve Yemen's artifacts
Minister of Information, Culture and Tourism Mua'mer al-Iryani sought for the UNISCOW's support for the Yemeni government to retrieve the Yemeni artifacts which have been looted and smuggled abroad.
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.
Latest News:
Al-Iryani explores UNISCOW's assistance to retrieve Yemen's artifacts
Water Minister, Dutch ambassador discuss cooperation
Civil Service Minister discusses coordination with French MSF
President Hadi praises the GCC's supportive stances in support of Yemen
New public prosecutor sworn in
User Name: Password:
  Local
CYB: Only banks can offer electronic payment services
[01/04/2020 12:20]

ADEN - SABA
The Central Bank of Yemen (CYB) in Aden said" The CYB is the only authorized body to issue monetary and gives licenses to offer electronic payment, and the decree issued recently by the branck of the CYB in Sana'a about authorizing certain financial institutions identified by Sana'a branch to offer electronic payment service via mobile is a decree issued by an authority isn't legally entitled to do so, thus there is no law about regulizing these financial institutions' action, nor there is legal framework allows institutions otherwise the banks to offer such services".

Thereby, establishing financial institutions outside the law to issue electronic currency without restrictions and coverage is considered to be legally annuled will cause distrust among the public and create inflationary pressures upon national economy.

In a statement the Yemeni News Agency (Saba) learned, the CYB called on the banks to offer electronic payment services given that they are the authorized financial institutions to do so in accordance with the laws and regulations in effects.

The CYB stated that the banks should get the licenses to provide electronic payment from the hadquarters of the CYB in the interim capital Aden.

The CYB warns everybod that any decrees or instructions are issued by the branch of the CBY in Sana'a should never be dealt with.



  More of Local
Al-Iryani explores UNISCOW's assistance to retrieve Yemen's artifacts
Water Minister, Dutch ambassador discuss cooperation
Civil Service Minister discusses coordination with French MSF
President Hadi praises the GCC's supportive stances in support of Yemen
New public prosecutor sworn in
Newly appointed Shura members sworn in
Al-Iryani warns of preaching Khomeini aliened sectarian rites in Yemen
ADRA's interventions in Yemen discussed
Minister of Transport, UNDP discuss cooperation
Yemeni-Moroccan bilateral relations discussed
Beaking News
Al-Iryani explores UNISCOW's assistance to retrieve Yemen's artifacts

Water Minister, Dutch ambassador discuss cooperation

Civil Service Minister discusses coordination with French MSF

President Hadi praises the GCC's supportive stances in support of Yemen

New public prosecutor sworn in

Newly appointed Shura members sworn in

ADRA's interventions in Yemen discussed

Minister of Transport, UNDP discuss cooperation

Yemeni-Moroccan bilateral relations discussed

Dep. Foreign Minister discusses with EU diplomats course of events in Yemen



National Conference