US confirms its continued support to the Central Bank of Yemen

People walk in front of the building of the Central Bank of Yemen in the capital Sanaa on August 25, 2016. (AFP)
Updated 01 May 2018

US confirms its continued support to the Central Bank of Yemen

DUBAI: The United States has confirmed its continued support for the Central Bank of Yemen to be a unified and independent entity for all Yemenis, Saudi state-news channel Al-Ekhbariya reported.
The US State Department issued a statement on Monday praising the efforts of the Yemeni Bank’s management to improve its capabilities and overcome the existing technical difficulties, according to the official Yemeni news agency.
The Governor of the Central Bank of Yemen, Mohamed Zemam, recently concluded consultations with the International Monetary Fund going over the capabilities of the Central Bank and development projects in terms of institutional and infrastructure.


Ethiopia releases Lebanese businessman held since last week

Updated 5 min 26 sec ago

Ethiopia releases Lebanese businessman held since last week

BEIRUT: The Lebanese Foreign Ministry says Ethiopia has released a Lebanese businessman who had been detained in the African nation since last week.
The ministry said Sunday that Hassan Jaber will head from Ethiopia to the African nation of Gabon and later will return to Lebanon.
On Friday, the ministry had summoned Ethiopia's charge d'affaires demanding information about Jaber, whom it said was detained in Addis Ababa on Sept. 7.
It informed the Ethiopian diplomat that Beirut wants "clear answers" by Monday, otherwise Lebanon would take countermeasures.
Some Lebanese media outlets have speculated that Israel or the United States might have been behind Jaber's arrest.
The ministry did not give any explanation why Jaber was held in Ethiopia.