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Yemen: Central Bank in Aden revokes licenses of 6 violating companies

Friday 15/Aug/2025 - Time: 12:39 AM

Arab Sea Newspaper - Follow-ups

Arabian Sea - Yemen - Follow-ups: The Governor of the Central Bank, Ahmed Ahmed Ghaleb, issued Resolution No. (22) of 2025, regarding the withdrawal of licenses granted to three branches of violating exchange companies and the closure of their headquarters. The decision included the branches of Abu Sanad Al-Furawi & Sons Exchange Company in Shabwa and Aden, Sheikh Othman District, Abdul Qawi Street, and the branch of Sinan Exchange and Remittances Company - Seiyun. The Governor of the Central Bank also issued Resolution No. (23) of 2025, regarding the suspension of licenses granted to three violating exchange establishments and the closure of their headquarters. The decision included Al-Qabbas Exchange Establishment, Al-Badawi Exchange Establishment, and Najm Al-Halima (Remittance Agent).

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