Yemen Central Bank says news of Saudi deposit postponement fabricated

Ambassador al-Madawi Discusses Arrangements with Sudanese Foreign Ministry Protocol Director of Resumption of Mission Operations

Yemen’s Ambassador to Sudan Omar al-Madawi discussed Friday with the Director of the General Administration of Protocol at the Sudanese Ministry of Foreign Affairs, Mohamed Ismail arrangements for the resumption of the Yemeni mission’s work from its headquarters in Khartoum.

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: ، 2026/05/08 Time 07:30:44
Latest News:

Al-Qudaimi Meets Omani Ambassador, Mauritius Foreign Minister, IORA Secretary-General

Yemen, US Discuss Strategic Partnership in Mining, Energy

Yemen Participates in Proceedings of Fourth Food Systems Transformation Meeting

Ambassador al-Awd Discusses with Secretary-General of the World Tourism Organization Support for the ..

Minister of Health Discusses Strengthening Cooperation with U.S. Ambassador

Yemen Central Bank says news of Saudi deposit postponement fabricated

[02/03/2018 02:30]

ADEN-SABA
The Central Bank of Yemen (CBY) said the ongoing allegations that the Saudi $2 billion deposit to shore up Yemen's currency, Riyal, has been put off is not true and "are fabricated news from entities and persons who harbor hatred for the whole Yemeni people."

In a statement on Thursday, the CBY said, "the fact is there is a strong keenness to accomplish the administrative and banking arrangements in the soonest possible and then the signature (on the deposit transaction) will be made within the coming week in the presence of all media outlets interested to attend."

The CBY said the technical team is about to finish the arrangments for receiving the deposit.

The CBY also denied news that its headquarters will be relocated out of Aden city saying it is now "operating in an efficient and independent manner."

The CBY called on all people including journalists to verify the authenticity of their stories especially in the economic and banking field.