Marib central bank permits new money exchangers, closes others

Presidential decree appoints Director for Prime Minister's Office

Presidential Decree No. (19) of the year 2025 was issued. The first article stipulates the appointment of Dr. Ali Atboush Awadh Mohammad al-Yamini a Director of the Prime Minister's Office.

Gaza Death Toll Rises to 55,297 Amid Ongoing Israeli Aggression

The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.

U.S. President plans to increase tariffs on steel, aluminum imports

U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.

Saudi Al-Hilal FC Eliminated from FIFA Club World Cup After 2-1 Defeat to Fluminense

Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.

Last Update: ، 2025/07/06 Time 10:25:08
Latest News:

Cabinet approves package of measures to address electricity crisis

Al-Wadiah Border's Security foils smuggling of 13,000 captagon pills

Woman Martyred by Houthi Militia's Landmine in Lahj Province

President al-Alimi congratulates on National Day of Comoros

Cooperation between government, international organizations in sustainable development held

Marib central bank permits new money exchangers, closes others

[15/08/2018 06:54]

MARIB-SABA
The branch of the central bank in Marib has permitted 33 new money exchangers to enter the business and ordered 32 violators of the rules to be shut down. The manager of the bank's branch Jamal al-Kamel said on Wednesday the bank had approved 33 exchangers to operate within the geographical range of Marib province.

He said the bank would continue to receive applications for permits for a month and if the applications exceed the maximum permits allowed, the bank would select the most qualified.

Earlier the bank had closed 32 exchangers in the provincial capital and outskirts of Marib and referred the owners of these businesses to court. The dealers were accused of practicing the business without permits and speculating with the national currency, Riyal, which contributed to its recent devaluation against other currencies.