Member of Presidential Leadership Council al-Alimi Receives German Ambassador
Member of the Presidential Leadership Council Dr. Abdullah al-Alimi met Tuesday with Ambassador of the Federal Republic of Germany to Yemen Thomas Schneider, discussing with him the latest developments in Yemen.
Bulgaria's Kozloduy Nuclear Plant Partners with 4 Universities to Train Future Staff
Kozloduy Nuclear Power Plant (NPP) - New Builds EAD signed framework agreements with four Bulgarian universities to collaborate on staffing future projects, attended by Energy Minister Zhecho Stankov and Education Minister Krasimir Valchev.
More than 1,500 flights canceled in U.S. amid ongoing government shutdown
Airlines canceled more than 1,500 flights in the United States today, Monday, for the fourth consecutive day, amid continued government flight reductions and the absence of air traffic control staff.
Paris Saint-Germain Claims Top Spot in Ligue 1 After Thrilling Win Over Lyon
Paris Saint-Germain (PSG) secured a hard-fought 3-2 victory over Lyon on Sunday in the twelfth round of the French Ligue 1, taking sole leadership of the league standings.
Last Update: ،
2025/11/11
Time
09:05:51
Latest News:
Member of Presidential Leadership Council Dr. Abdullah al-Alimi Meets UN Envoy to Yemen
Djiboutian President receives Minister of Planning and International Cooperation
Governor of Aden praises Dutch support for water services in Aden
Charge d'Affaires in Damascus Discusses Boosting Economic Ties with Syrian Chamber of Commerce
Houthi terrorist militias blamed for 24 thousand violations in Dhamar governorate in ten years—Report
Latest News:
Member of Presidential Leadership Council Dr. Abdullah al-Alimi Meets UN Envoy to Yemen
Djiboutian President receives Minister of Planning and International Cooperation
Governor of Aden praises Dutch support for water services in Aden
Charge d'Affaires in Damascus Discusses Boosting Economic Ties with Syrian Chamber of Commerce
Houthi terrorist militias blamed for 24 thousand violations in Dhamar governorate in ten years—Report
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 -
Djiboutian President receives Minister of Planning and International Cooperation
Houthi terrorist militias blamed for 24 thousand violations in Dhamar governorate in ten years—Report
MASAM removes 1044 Houthis- laid landmines in a week
Chief of Staff discusses cooperation, coordination with partners
President al-Alimi receives UK ambassador
Health Minister Discusses Donor Summit Preparations and Nutrition Crisis with UNICEF
Leadership Council Chairman Meets with PM, Central Bank Governor to Discuss Economic Reforms
President al-Alimi Concludes Visit to Cairo After Participating in Opening Grand Egyptian Museum
Deputy Minister of Planning Discusses Food Insecurity and Malnutrition with UN Agencies
PM Bin Braik meets Qatar Minister of State for International Cooperation 
