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Police arrest thieves stealing cars, motorcycles
[27 March 2017]
Solidarity rallies with Yemenis in several European capitals, US cities
[27 March 2017]
Black gunpowder-loaded car seized in Hodeidah
[27 March 2017]
Security services arrest 2 al-Qaida terrorist operatives in Bayda
[23 March 2017]
Agricultural ministry, Action Against Huger sign support agreement
[22 March 2017]
 
  Saudi Aggression War against Yemen
FM official: Saudi, its allies threatening safety of Red Sea shipping
[27 March 2017]
Labor Unions: Anti-Saudi rally shows Yemenis are stronger than ever
[27 March 2017]
Mercenaries killed in Taiz
[27 March 2017]
Saudi criminal airstrikes continue raids on Yemen
[27 March 2017]
Citizen executed in mercenaries' prisons
[27 March 2017]
 
  Reports
Roundup: Saudi kills 15 Yemeni civilians in 112 airstrikes on Yemen in 3 days
[25 March 2017]
Report: Saudi kills 68 in 301 airstrikes on Yemen in 7 days
[23 March 2017]
Roundup: Saudi kills 30 in 235 airstrikes on Yemen in 6 days
[15 March 2017]
Saudi conducts 47 airstrikes, killing 4 civilians in 24 hours
[14 March 2017]
Roundup: 282 Saudi aggression airstrikes hit Yemen in five days, killing 13 civilians
[06 March 2017]
 
  International
FM meets IOM official in Yemen
[20 March 2017]
FM meets UN official
[19 March 2017]
FM meets deputy resident representative of UN Population Fund
[19 March 2017]
FM meets UNHCR official in Yemen
[18 March 2017]
Foreign Ministry : US-Saudi coordination to expand war in region
[16 March 2017]
  Economy
Issuing Islamic "sukuk" in lecture in Sana'a
[11/May/2010]
SANA'A, May 11(Saba) – A lecture on issuing Islamic sukuk (the Islamic equivalent of bonds) was organized here on Tuesday by the Yemeni Banks Association.

The lecture, attended by 40 specialists from the Central Bank of Yemen (CBY), Yemeni banks and the unity of the stock market and the relevant agencies, was carried out by the General Manager of the Stock Market in Khartoum Dr. Osman Khair, who is an expert in the International Monetary Fund (IMF) and delegated to assist the CBY in determining the structure and systems of the Islamic sukuk unit.

In the lecture, Dr. Khair reviewed Sudan's experience in issuing sukuk, through which the surpluses of Islamic banks are employed in financing infrastructure projects and various sectors of trade, health, education and other, which proved the success of this great experiment in contributing to the development process.

Yemen seeks to benefit from the brotherly and friendly countries' experiences in the field of issuing the Islamic sukuk, in forefront of which is Sudan.

The unit of Islamic sukuk in the CBY is currently studying the important projects that can be financed through these bonds, among them the projects of electricity in particular.

The CBY is now intensifying its efforts in cooperation with specialized Saudi, Arab and international finance institutions and organizations to speed up issuing the system of Islamic bonds in the Islamic and trade banks working in Yemen for the first time in the last quarter of this year, which will open a window for the Islamic banks to use their surpluses and at the same time saving funds for financing the projects of the socio economic plan in Yemen.

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UPDATED ON : Mon, 27 Mar 2017 13:35:36 +0300