Seven companies and exchange facilities have closed their operations permanently In Aden, after strict decisions issued by the Governor of the Central Bank of Yemen, Ahmed Ahmed Ghaleb, in a step described as the most decisive to confront violations of the black exchange market.
The double blow came through two separate decisions bearing numbers (3) and (4) for the year 2026 AD, aiming to punish the violating companies based on a field report submitted by the Banking Supervision Sector that revealed proven violations.
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Bin Amin Ghannam Exchange Company was the first victim, as it was decided Withdrawal of the license of its branch in Sheikh Othman In the temporary capital, Aden, and its immediate closure, in accordance with the first decision.
The second decision was more severe, as it affected six facilities at once, including:
- Raghwan Express
- scholar
- Sadiq Al Farwi
- Radhef
- Mersal Money
- Al-Abraqi
These facilities are encountered A complete suspension of its granted licenses and a permanent closure of its headquartersIn a measure that Aden has not witnessed in the exchange sector for years.
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The government move comes within the framework of attempts to control the local exchange market and combat manipulation of exchange rates, especially with the worsening crisis of the Yemeni riyal against foreign currencies.
