Financial and Banking News
Arab Bank and Indosuez Open in Aden
Amman-based Arab Bank opened a branch in Aden on 23 January and says it hasplans to open another in the Hadramaut region. The new branch is in the buildingformerly occupied the the Yemen Socialist Party, whose government nationalizedall foreign banking operations, including those of Arab Bank, in 1969. Arab Bankalready has branches in San'a, Ta'izz and Hudaidah, in what was formerly...