Presidential Office source says central bank governor will stay in his position

Presidential Decree on Appointments in First Military Region Issued

The Chairman of the Presidential Leadership Council, the Supreme Commander of the Armed Forces issued Wednesday Decree No. (40) of 2026 regarding appointments in the leadership of the First Military Region.

German Chancellor Says Europe Must Stand Strong

German Chancellor Friedrich Merz has called on Europeans to strive for greater autonomy, emphasizing the need for Europe to defend itself using its own capabilities, given the shift in transatlantic relations.

China's foreign exchange reserves rise to $3.3991 trillion

China's total foreign exchange reserves made $3.3991 trillion at the end of last January, marking an increase of $41.2 billion, or 1.23 percent, compared to the end of December last year.

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.

Last Update: ، 2026/02/12 Time 03:24:53
Latest News:

Presidential Decree Establishes Cardiac and Vascular Center in Taiz

Chief of General Staff Discusses Strengthening Military Cooperation with Saudi Counterpart

Presidential Decree on Establishing Health Fund Issued

Member of Presidential Leadership Council al-Aradah Meets UN Special Envoy to Yemen

Presidential Council Member Salim Al-Khanbashi Meets UN Envoy

Presidential Office source says central bank governor will stay in his position

[23/07/2024 05:41]

ADEN - SABA
A Presidential Office source has stated that the Chairman and members of the Presidential Leadership Council unanimously rejected the resignation of the central bank's governor Ahmed al-Mabaqi.

The source said the bank governor has changed his mind about the resignation decision and will stay in position with the full support of the Leadership Council and the government to continue comprehensive banking reforms with backing from brothers and friends.
The source called on the media to reckon with the sensitivity of dealing with issues concerning with the banking sector, the financial community, and the social interests.