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Shabab Rakhmah wins handball championship
[17 January 2017]
Police seize 40 kilos of Hashish in Capital
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SPC President meets Sana'a, Dhamar, Baidha governors
[16 January 2017]
President of Supreme Political Council meets Deputy Prime Minister and the Head of the Forensic Science University
[16 January 2017]
Baidha's general amnesty sub-committee releases 25
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  Saudi Aggression War against Yemen
Saudi aggression fighter jets kill 6 citizens in Sa'ada
[17 January 2017]
Bani Matar, Sanhan protest against aggression attacks on schools
[17 January 2017]
Army kills 37 Saudi mercenaries in Shabwah
[17 January 2017]
Saudi warships kill 6 family members in Taiz
[17 January 2017]
MSF aid plane arrives in Sana'a
[17 January 2017]
 
  Reports
Roundup: US-Saudi non-stop airstrikes destroy Yemen's governorates, drop cluster bombs
[02 January 2017]
Roundup: Army, popular forces win victory over Saudi
[26 December 2016]
Roundup: US-Saudi aggression warplanes continue heinous crimes against Yemeni civilians
[24 December 2016]
Roundup: Saudi aggression warplanes continue breaching ceasefire
[22 October 2016]
Saudi-Led Attack on Sanaa Funeral Apparent War Crime: says Human Rights Watch
[13 October 2016]
 
  International
British House of Commons member concludes visit to Yemen
[12 January 2017]
FM meets British House of Commons Member
[12 January 2017]
Defense minister, Russian chargé d'affaires discuss military cooperation
[12 January 2017]
President of the Supreme Political Council Meets the British House of Commons Member
[10 January 2017]
FM sends condolences to Iranian counterpart
[09 January 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 : Tue, 17 Jan 2017 13:29:12 +0300