Central bank withdraws $59 mln from Saudi deposit to finance basic imports

Minister al-Soqatri Discusses with World Food Program Support for Agricultural, Fisheries Sector Projects

Minister of Agriculture, Irrigation, and Fishery Wealth, Salem al-Soqatri discussed Thursday with a delegation from the World Food Program (WFP) in Yemen ways to strengthen partnership and expand projects supporting the agricultural and fishery sectors.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Gold Prices Stabilize as Investors Await Key US Data Release

Gold prices remained steady today, Friday, after rising US Treasury yields offset the dollar's weakness, as investors await crucial US economic data releases.

CAF Unveils Official Mascot for 2025 Africa Cup of Nations in Morocco

The Confederation of African Football (CAF) and the Local Organizing Committee unveiled the official mascot for the 2025 Africa Cup of Nations in Morocco, named "Asad" (Lion), embodying a symbol of African pride and passion for football.

Last Update: ، 2025/12/13 Time 08:22:27
Latest News:

Guterres: What Hadhramaut is witnessing is a dangerous development, Houthis' arrest of UN employees unacceptable

Leadership Council Member Maj. General al-Zubaidi inspects work at Ministries of Information, Agriculture

Minister of Foreign Affairs meets French Ambassador to Yemen

China reiterates its steadfast support for Yemen's unity, sovereignty, territorial integrity

Leadership Council Chairman Follows Up on Situation in Hadramout and Al-Mahra

Central bank withdraws $59 mln from Saudi deposit to finance basic imports

[24/01/2019 12:44]

ADEN-SABA
Yemen's Central Bank confirmed on Thursday it had received an approval to withdraw $22 million and $37 million two new installments from the Saudi deposit to cover the import of basic commodities into Yemen.

In a press release the bank said the processed amounts will cover the import bills for wheat, rice and sugar presented by a number of private banks.

The withdrawal transaction transaction takes no more than 15 days until the cash is transferred to the applicant banks, the press release said.