Ministers Bin Braik, al-Soqatri inaugurate First Aden Bank with a capital of 45 billion YR

Yemen Praises Role of GCC in Protecting Regional Security, Stability

The Republic of Yemen expressed Monday its great pride in the exceptional and deeply rooted relations with the member states of the Gulf Cooperation Council (GCC), coinciding with the 45th anniversary of the Council’s establishment.

Death Toll from Israeli Offensive in Gaza Rises to 72,757, with 172,645 Injured

Medical sources in Gaza Strip said the death toll from the Israeli military offensive on the territory has risen to 72,757, while the number of wounded has reached 172,645 since the outbreak of the war on October 7, 2023.

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: ، 2026/05/25 Time 11:47:37
Latest News:

Prime Minister Returns to Aden After Short Official Visit to Cairo

Yemen, Arab and Muslim Nations Reject Somaliland Move to Establish Mission in Occupied Jerusalem

Chairman of the Consultation Authority Meets Japanese Ambassador to Yemen

Yemeni, Egyptian Foreign Ministers Lead Ninth Round of Strategic Dialogue in Cairo

Yemen Extends Condolences to China over Shanxi Coal Mine Explosion Victims

Ministers Bin Braik, al-Soqatri inaugurate First Aden Bank with a capital of 45 billion YR

[18/08/2024 06:36]

ADEN-SABA
Minister of Finance Salem bin Braik and Minister of Agriculture, Irrigation and Fisheries Salem Al-Soqatri inaugurated today, Saturday, in the interim capital of Aden, the First Aden Islamic Bank, with a total capital of about 45 billion Yemeni Riyals(YR).

A number of senior officials were in attendance including Deputy Minister of Industry and Trade Salem al-Wali, Deputy Governor of the Central Bank of Yemen (CBY) Dr. Mohamed Ba-Najah, some deputy ministers of the Ministry of Industry and several stakeholders.

Minister of Finance Ben Brik underlined the importance of establishing strong financial institutions that can support economic growth, achieve financial stability and strengthen the banking sector in the country.