Central Bank

HADRAMOUT, Dec. 07 (YPA) - About a quarter of a billion Saudi riyals were smuggled out of Yemen last November from the Central Bank in Hadramout province, informed sources said on Wednesday. Member of the UAE-backed Southern Transitional…

MAHRA, Dec. 06 (YPA) - The “Contractors Union” in Mahra province has given the local authorities affiliated with the Saudi-led coalition 10 days to pay the debt they owed to the union before resorting to field escalation. The Union…

SANAA, Nov. 28 (YPA) - A southern politician explained that the Saudi-led coalition has begun a plan to tear apart southern Yemen by separating Hadramout province financially and administratively. The politician and academic at the…

MAHRA, Sept. 23 (YPA) - The Contractors Union in Mahra province, eastern Yemen, continued on Saturday to close the Central Bank's branch in the city of Al-Ghaydah for the fourth day in a row as part of an escalation program to demand that…

ADEN, Aug. 30 (YPA) - An official in the government loyal to the Saudi-led coalition revealed on Tuesday a loud scandal, noting that the central bank in Aden was empty of funds. The director of the Office of Industry and Commerce in…

SANAA, Aug. 15 (YPA) - The Yemeni riyal is still in danger after failing to recover against foreign currencies in the southern and eastern provinces controlled by the Saudi-led coalition, and it collapsed again as a result of the…

SANAA, July 28 (YPA) - Informed sources at the central bank in Aden have revealed critical information about the causes of the catastrophic collapse of the local currency. "The collapse of the currency resulted from a number of promises…

ADEN, June 12 (YPA) - The governor of Aden province in the government loyal to Saudi-led coalition, Ahmed Lamlas, has directed the suspension of the central financial procurement process for the government account at the Central Bank in…

SANAA, May 02 (YPA) - The Governor of the Central Bank in Sanaa issued on Monday Decision No. 4 for the year 1444 AH regarding the capital of exchange companies and facilities and cash guarantees. The decision articles stipulated the…

SANAA, Feb. 04 (YPA) – The Parliament in Sanaa on Saturday assigned its Financial Affairs Committee to summon the Minister of Finance and the Governor of the Central Bank to clarify about forgotten bank transfers, "forgotten remittances".…