Central Bank of Yemen withdraws $95 million from Saudi deposit

Maritime Affairs Authority Discusses with European Nordic Support Foundation Enhancing Maritime Security

The Chief Executive of the General Maritime Affairs Authority Faheem Saif met Monday with the Regional Director of the International Support Foundation for the Nordic Countries Qasim Douali. The two parties discussed ways to strengthen cooperation in the fields of maritime security, pollution control and enhancing the Authority’s technical capacities.

Bulgaria's Kozloduy Nuclear Plant Partners with 4 Universities to Train Future Staff

Kozloduy Nuclear Power Plant (NPP) - New Builds EAD signed framework agreements with four Bulgarian universities to collaborate on staffing future projects, attended by Energy Minister Zhecho Stankov and Education Minister Krasimir Valchev.

South Korea's exports rise 8.4 percent in November

South Korea's exports increased 8.4 percent last November compared to the earlier year, exceeding 61 billion US dollars, continuing their sixth consecutive month of growth, thanks to strong demand for semiconductors.

Croatia Qualifies for 2026 World Cup with Thrilling Win Over Faroe Islands

Croatia secured a spot in the 2026 World Cup in the United States, Mexico, and Canada after defeating the Faroe Islands 3-1.

Last Update: ، 2025/12/01 Time 11:43:37
Latest News:

Al-Soqatri Discusses with Silah Foundation Projects Implemented in Agricultural, Fisheries Sectors

Leadership Council Member Al-Muharrami Meets State Security Chiefs

Defense Minister Discusses Defense Cooperation with Russian Ambassador

"MASAM” Removes 4,726 Mines and Explosives in November and Clears More Than 74 Million Square Meters

President al-Alimi urges reinforcing national unity, upholding state institutions

Central Bank of Yemen withdraws $95 million from Saudi deposit

[18/02/2019 12:34]

ADEN-SABA

Central Bank of Yemen (CBY) announced that it has withdrawn $95 million of the Saudi deposit. It is the 16th payment allocated to import basic food commodity .

The CBY said" The Saudi deposit has been allocated to subsidize basic food stuffs for the whole population of Republic of Yemen, without any discrimination in prices of the letters of credits in accordance with 2018 exchange rate of 440 Rial for $1..".

The CBY stated that the banks which submitted applications for coverage of their external credits should go to the CBY to get procedures for opening letters of credits accomplished on Thursday 21 and Saturday 23 of this month February 2019.