President al-Alimi commends new Saudi support for state budget, Central Bank

EU: Two million beneficiaries from Resilience Enhancement Program in eight governorates

The European Union mission in Yemen announced the conclusion of the final phase of the joint program to enhance resilience in rural areas of Yemen, which has benefited more than 2.3 million people in eight governorates.

Gaza Death Toll Rises to 55,297 Amid Ongoing Israeli Aggression

The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.

U.S. President plans to increase tariffs on steel, aluminum imports

U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.

Saudi Al-Hilal FC Eliminated from FIFA Club World Cup After 2-1 Defeat to Fluminense

Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.

Last Update: ، 2025/07/11 Time 09:47:36
Latest News:

Central Bank discusses establishing fast payment company

Foreign Minister Meets with Outgoing Mexican Ambassador

Minister Al-Zawri Discusses Capacity Building and Social Protection with UNHCR Representative

Ministry of Agriculture Signs MoU with Q Sun Foundation to Enhance Media Capacity

Government calls on countries, organizations to address environment disaster over "Magic Seas" sink

President al-Alimi commends new Saudi support for state budget, Central Bank

[27/12/2024 08:31]

ADEN - SABA
Chairman of the Presidential Leadership Council Dr. Rashad al-Alimi has praised the new financial support from the brothers in the Kingdom of Saudi Arabia for the state budget and the Central Bank of Yemen.

The President expressed, on behalf of himself, his fellow council members, the government and the Yemeni people, profound gratitude and appreciation to the brothers in the Kingdom of Saudi Arabia—its leadership, government and people—for their continuous support for the national economy through a new deposit for the Central Bank of Yemen amounting to $300 million, along with an additional payment of $200 million from the generous grant for the general budget.

This will help address the budget deficit and fulfill obligations for salaries, wages and operational expenses of state institutions.

In a post on X platform, President al-Alimi indicated that this support represents a strong commitment from the brothers in the Kingdom, led by his brother, the Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Crown Prince and Prime Minister His Royal Highness Prince Mohammed bin Salman, to alleviate the humanitarian crisis and support the aspirations of the Yemeni people for stability, peace and development.

He also expressed his gratitude to the brotherly team handling the Yemeni file, chaired by His Royal Highness Prince Khalid bin Salman and the Saudi development and humanitarian institutions that work diligently and sincerely to alleviate suffering, rebuild services and enhance food security for all Yemeni people.