Yemen's Defense Minister: "We Don't Seek War, But We Are Ready for It"

Yemen's Defense Minister: "We Don't Seek War, But We Are Ready for It"

Yemen's Defense Minister, Lieutenant General Mohsen al-Da'ari, asserted on Monday, July 8th, 2024, that the Yemeni Armed Forces are not seeking war, but are fully prepared for it, according to the official Yemeni news agency Saba. During the launch of the second phase of the 2024 traini...

Central Bank in Aden Suspends Licenses of 7 Exchange Companies

Central Bank in Aden Suspends Licenses of 7 Exchange Companies

The Central Bank of Yemen, based in the temporary capital of Aden, announced on Wednesday, July 3, 2024, the suspension of licenses for seven exchange companies as part of its latest stringent measures to regulate the banking sector. Decision No. 28 of 2024, issued by the bank, revoked the lice...