New circular from the Central Bank of Aden to withdraw the licenses of 4 exchange companies.

Arab Sea Newspaper - Follow-ups

Arabian Sea - Yemen - Follow-ups: The Governor of the Central Bank, Ahmed Ghaleb, issued today, Monday, Resolution No. (15) of 2025, regarding the suspension of licenses granted to 4 violating exchange companies and establishments and the closure of their headquarters. The decision included Riyad Al-Harawi Exchange and Remittance Company, Badawood Exchange and Remittance Company, Bin Safi Exchange Establishment, and Al-Nu'mani Exchange Establishment. The decision clarified that the withdrawal of licenses from these companies and establishments and the closure of their headquarters came after their violation was proven in the field visit report submitted by the Banking Supervision Sector.