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Supreme economic council holds meeting
[20 June 2017]
Criminal Mokhtar al Kushaybi, 80 elements arrested: official
[16 June 2017]
President chairs 3rd round meeting of monitoring services
[15 June 2017]
President chairs meeting to develop Zakat revenues
[31 May 2017]
FM Meets Resident Representative of UNFPA in Sana'a
[24 May 2017]
 
  Saudi Aggression War against Yemen
Mercenary gatherings shelled in Marib
[28 June 2017]
Saudi paid mercenaries shell houses of citizens in Marib
[28 June 2017]
Army kills number of Sudanese soldiers in Midi
[28 June 2017]
Army repels mercenaries' infiltration in Marib
[28 June 2017]
8 citizens martyred in enemy Saudi airstrikes on Taiz
[28 June 2017]
 
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Report: 49 Yemeni civilians killed in 212 Saudi aggression airstrikes in six days
[05 April 2017]
Roundup: 1107 Saudi airstrikes kill 135 Yemeni civilians in March
[29 March 2017]
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]
 
  International
Foreign ministry condemns terrorist attack on Chinese consulate in Aden
[22 June 2017]
Prime minister meets Syrian acting ambassador
[20 June 2017]
Prime minister congratulates his Russian counterpart on Russia's national day
[14 June 2017]
President al-Sammad congratulates Iranian President
[21 May 2017]
FM meets Russian Chargé d'affaires to Yemen
[25 April 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 : Wed, 28 Jun 2017 17:56:14 +0300