Bank Governor Issues Two Decisions to Withdraw Licenses and Close an Establishment and Two Exchange Companies.

Arab Sea Newspaper - Follow-ups

Arabian Sea - Yemen - Follow-ups: The Governor of the Central Bank, Ahmed Ghaleb, issued today Resolution No. (18) of 2025, regarding the suspension of the license granted to Ahmed Al-Qadi Cash Exchange Establishment and the closure of its headquarters. The Governor of the Central Bank also issued Resolution No. (19) of 2025, regarding the withdrawal of licenses granted to the Al-Shuaibi Exchange Company branch in Mansoura, and the Salah bin Awad Exchange Company branch in Sheikh Othman, and the closure of their headquarters. These measures, according to the decision, came after it was proven that they violated the field inspection report submitted by the Banking Supervision Sector.