Aden: Central bank suspends dealing with a number of banks

Council of Ministers Takes Practical Measures To Respond to Houthi Escalation Implications

The Council of Ministers devoted its session today, Saturday, in the temporary capital Aden, chaired by the Prime Minister Dr. Shaya Zindani, to address the developments of the military, security, economic and humanitarian situations amid ongoing perilous military escalation by Iranian backed terrorist Houthi militias and its implications on the national and regional security, the water passages.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

German Exports Rise 3.9 Percent

The total of German exports increased by 3.9 percent during the first half of 2026 compared to the same period last year, reaching 817.8 billion euros.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/09/12 Time 06:36:43
Latest News:

Yemeni Rights Network Documents 958 Houthi Violations in Nine Days

Yemen Ambassador, EU Official Discuss Houthi Escalation, Maritime Security

Yemen Ambassador Discusses Relations, Developments with Cuba’s Acting Foreign Minister

Foreign Minister: Empowering State To Protect Its Sovereignty, Coasts Cornerstone For Bab al-Mandeb ..

Foreign Minister Discusses Developments, Houthi Escalation with U.S. Chargé d’Affaires

Aden: Central bank suspends dealing with a number of banks

[30/05/2024 02:19]

ADEN - SABA
The Governor of the Central Bank of Yemen issued a decision today, Thursday, suspending the bank's transactions and dealings with a number of banks over failing to comply with the law and the bank's instructions and requirements in respect to control on money laundering and terrorism financing, and over continuing to deal with Houthis, a group labeled as terrorist.

The first article of decision (No. 20 of 2024) stipulates that all banks and companies of currency exchange and money transfer decouple with Al-Tadamon Bank, Yemen Kuwait Bank, Yemen Al-Shamel Bank, Al-Amal Microfinance Bank, Al-Kuraimi Islamic Microfinance Bank and the International Bank of Yemen.