The Central Bank of Yemen in the interim capital, Aden, announced that it would grant exchange companies and establishments a two-month grace period to renew their exchange business licenses for the year 2025.

The Council of Ministers, in an extraordinary meeting held today, Thursday, headed by Prime Minister Dr. Ahmed Awad bin Mubarak, approved the draft government economic plan for urgent priorities and its executive matrix.

The Central Bank of Yemen announced today, Wednesday, in the temporary capital, Aden, the start of actual work with the International Bank Account System (IBAN), as part of its efforts to keep pace with global developments in the banking sector.

Informed media sources revealed that a Saudi grant of one billion dollars will be announced next week to strengthen the Central Bank in Aden and support the national currency, which is witnessing an unprecedented historical collapse.

Today, Tuesday, the Central Bank of Yemen branch in Lahj governorate closed a number of exchange facilities that violated the process of buying and selling local and foreign currencies in the Yafi and Al-Muflehi directorates, for not officially obtaining licenses to practice the profession from the bank branch in the governorate.

Today, Sunday, the Public Prosecution Office in Shibam Hadhramaut Directorate carried out a campaign to close illegal and violating exchange shops.