Authorities warns of closing illegal money exchange stores in Mareb

Governor of CBY highlights need for international partners' assistance to support Yemeni economy

The Governor of the Central Bank of Yemen (CBY) Ahmed Ghaleb underlined the pressing need for substantial international support to bail out the Yemeni national economy which has been facing multiple challenges.

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.

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: ، 2026/04/29 Time 06:25:30
Latest News:

Minister of State Discusses with U.S. Ambassador Ways to Enhance Cooperation in Women’s Empowerment

Minister of Planning Discusses with UNOPS Office Enhancing Development Interventions

Minister of Civil Service meets with U.S. Ambassador

Planning Minister meets with German Ambassador

Minister of Public Works Discusses with UNOPS Ways to Enhance Support for Road Projects

Authorities warns of closing illegal money exchange stores in Mareb

[17/12/2017 05:32]

MAREB-SABA
A committee entrusted of with handling problems of money-exchange here has given money exchange companies a respite of two weeks to correct heir legal status to continue their activities of exchanging money in accordance with the banking law.

In a meeting chaired by Deputy Governor Abd-Rabbo Miftah with owners of exchange companies and corporations, the committee stressed that the respite is a final one for the companies to have licenses or legal document from the Central Bank of Yemen enabling them to proceed with their businesses.

The meeting included Director of the Central Bank of Yemen's branch Jamal al-Kamel, Prosecutor Aref al-Mikhlafi and General Police Director Abdulmalik al-Madani.

The committee warned of closing exchange stores and to refer their owners to judiciary.