Economy
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Britain Praises Independence of Yemeni Central Bank, Stresses Importance of Economic Stability
The British Ambassador to Yemen praised the efforts of the Governor of the Central Bank of Yemen (CBY) and his…
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Yemen Banks Association Warns of Houthi Restrictions Hindering Access to Banking Apps
The Association called on relevant authorities to pressure the de facto authorities in Sana'a to immediately cease any actions that…
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Yemeni President: Saudi Support Bolsters Restoration of State Institutions
Al-Alimi added, during his meeting today with the Saudi Defense Minister, Prince Khalid bin Salman, that the developmental projects will…
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Yemen Banks Association Confirms All Banks Operate Under Oversight of Central Bank in Aden
The Association warned of the dangers of publishing or circulating inaccurate information or misleading claims regarding the status of banks…
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Central Bank of Yemen Reveals Precautionary Measures to Maintain Economic Stability
During a meeting chaired by Ahmed Ahmed Ghalib, with board members attending both in person at the CBY headquarters in…
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U.S. Reaffirms Importance of the Independence of the Central Bank in Aden
Ambassador Fagin renewed his country’s firm position on the importance of preserving the independence of the Central Bank as a…
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“Yemeni Central Bank” Suspends and Revokes Licenses of Non-Compliant Exchange Institutions in Aden
Yemen Monitor/Newsroom: The Governor of the Central Bank of Yemen, Ahmed Ghaleb, issued two decisions to suspend and revoke the…
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Tensions in Yemen and Stalled “Ukraine Peace” Drive Oil Prices Up by 2.5%
West Texas Intermediate (WTI) crude prices jumped by 2.5% to reach $58.17 per barrel, while February-delivery Brent crude rose by…
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Launch of a Number of Developmental and Service Projects in Marib
The inaugurated projects included a three-story residential building for sanitation workers affiliated with the Sanitation and Improvement Fund, new sanitation…
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Yemeni Central Bank Suspends Licenses of Three Exchange Companies
According to the decision, the licenses of Al-Amari Exchange Company, Al-Muflehi Exchange Company, and Al-Jadahi Exchange Establishment have been suspended,…
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