Central bank will see improvement in its institutional structure, says governor

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 08:08:56
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 will see improvement in its institutional structure, says governor

[26/03/2019 06:35]

ADEN-SABA
The newly appointed governor of Yemen's central bank, Hafedh Mi'ayad, said in the coming period of time the bank will see an improvement in its institutional structure.

Presiding over a meeting of the bank's senior staff here today, he elaborated that the improvement will take place through several measures including restoring the monetary cycle and building close relations with commercial and Islamic banks and creating opportunities to revitalize economic life.

He said the bank will be restructured to keep up with the modernizations in counterpart central banks in the region.

Separately the governor met the visiting head of the EU Delegation to Yemen Antonia Calvo-Puerta and her companions.

He said the bank's management welcomes any support from the EU. Calvo-Puerta affirmed the willingness of the EU to offer support in the field of staff training to develop the bank's capacity.