Al-Arada Confers with British Ambassador over Assisting Government's Reforms Program
The Member of the Presidential Leadership Council (PLC), Governor of Marib governorate met today, Thursday, with United Kingdom to the Republic of Yemen Abda Sharif.
Arab League Calls for Confronting Rising Anti-Muslim Hate
The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.
Oil price tops $100 a barrel
Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.
Inter Milan a win away from Serie A title
Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.
Last Update: ،
2026/05/01
Time
01:40:30
Latest News:
Al-Barakani celebrates EU Ambassador's tour in Taiz, highly appreciates EU interventions
Minister of Education Discusses Partnership with "Pure Hands"
Young Man Seriously Wounded by Houthi Sniper North of Taiz
Al-Subaihi: We need to step up efforts to promote transport businesses
EU Ambassador: Taiz Stands Out for Diversity, Earns EU Backing for Recovery and Development
Latest News:
Al-Barakani celebrates EU Ambassador's tour in Taiz, highly appreciates EU interventions
Minister of Education Discusses Partnership with "Pure Hands"
Young Man Seriously Wounded by Houthi Sniper North of Taiz
Al-Subaihi: We need to step up efforts to promote transport businesses
EU Ambassador: Taiz Stands Out for Diversity, Earns EU Backing for Recovery and Development
Central Bank of Yemen notifies banks in Sana'a to relocate their HQs in Aden within 60 days
[02/04/2024 06:48]
ADEN-SABA
Governor of Central Bank of Yemen (CBY) Ahmed Ghalib issued today, Tuesday, a decree no (17) of 2024 about relocating headquarters (HQ) of the commercial and Islamic banks as well as Micro-Finance banks from the city of Sana'a to the temporary capital Aden.
The CBY gives the banks 60 to relocate their HQ, otherwise legal measures will be taken against the banks which fail to comply with the decree.
The decree states " Legal measures will be taken against the banks which fail to comply with the decree under the provisions of the Law of Controlling Money Laundering and Financing Terrorism and the internal bylaw of the Law".
The CBY attributed its decree to the ongoing illegal measures against the banks operate in Sana'a by a group has been designated a 'terrorist', a matter that risking freezing the banks' accounts and ceasing dealing with them externally.
The CBY noted that the Terrorist Houthi militias have taken measures to issue illegal coins that is messing up with financial and banking system in the country. The militias also prevented the banks and financial institutions from dealing with national currency, issuing illegal regulations that are set to cease the work of the banking laws and prevent banking transactions, systematically ruining the banking sector components.
The CBY confirmed that this decree is set to enable the bank to do its monitoring tasks in accordance with the law.
Governor of Central Bank of Yemen (CBY) Ahmed Ghalib issued today, Tuesday, a decree no (17) of 2024 about relocating headquarters (HQ) of the commercial and Islamic banks as well as Micro-Finance banks from the city of Sana'a to the temporary capital Aden.
The CBY gives the banks 60 to relocate their HQ, otherwise legal measures will be taken against the banks which fail to comply with the decree.
The decree states " Legal measures will be taken against the banks which fail to comply with the decree under the provisions of the Law of Controlling Money Laundering and Financing Terrorism and the internal bylaw of the Law".
The CBY attributed its decree to the ongoing illegal measures against the banks operate in Sana'a by a group has been designated a 'terrorist', a matter that risking freezing the banks' accounts and ceasing dealing with them externally.
The CBY noted that the Terrorist Houthi militias have taken measures to issue illegal coins that is messing up with financial and banking system in the country. The militias also prevented the banks and financial institutions from dealing with national currency, issuing illegal regulations that are set to cease the work of the banking laws and prevent banking transactions, systematically ruining the banking sector components.
The CBY confirmed that this decree is set to enable the bank to do its monitoring tasks in accordance with the law.
Key words:
systematically - SABA Governor - transactions - headquarters - institutions - Controlling - 'terrorist' - regulations - relocating - components -
Al-Barakani celebrates EU Ambassador's tour in Taiz, highly appreciates EU interventions
EU Ambassador: Taiz Stands Out for Diversity, Earns EU Backing for Recovery and Development
Premier and Foreign Minister Praises Saudi Arabia’s Fraternal Role in Supporting Yemen and Its People
Yemen: Houthi Attacks in Bab al-Mandab Part of Iran’s Maritime Strategy
Planning Minister meets with German Ambassador
Minister of Public Works Discusses with UNOPS Ways to Enhance Support for Road Projects
Transport Minister Discusses with U.S. based Valar Company Mechanisms to Develop Aviation Security, Qualify National Cader
Al-Subaihi Stresses Importance of Enhancing Performance of Ministry of Youth and Sports
'MASAM' removes 1273 Houthis-laid landmines in a week
Prime Minister meets with Japanese Ambassador
