Child killed by Houthi sniper's bullets east of Taiz
A child was killed today by a sniper affiliated with the Houthi terrorist militias, backed by the Iranian regime, in the al-Rawdah neighborhood of Taiz city while returning home from school.
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.
Italy budget deficit at 3 percent
Italy recorded a deficit in its general budget of 3.1 percent of GDP in 2025, thus exceeding the ceiling set by the European Union at 3 percent.
Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh
Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.
User Name: Password:
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.


Deputy Governor Barba’a, Petro Masila CEO reviews activities of Agricultural Value Chain Enhancement Project
Houthi Terrorist Militias landmines kill 1104, injuring 1429 civilians in 9 years—Report
Yemen’s Ambassador to US takes oath before President al-Alimi
President al-Alimi congratulates on Senegal’s National Day
IMF Executive Board approves results of Article IV consultations with Yemen
Minister of Water discusses with WB, UNPOS joint cooperation
President al-Alimi praises deep-rooted relations with Kuwait
Yemen condemns Israeli Knesset's approval of law to execute Palestinian prisoners
Yemenia resumes its flights from Aden to Amman
Al-Sharjabi discusses with FAO partnership in water, environment

About Saba News Agency | Usage Agreement | Contact Us