The Kuwaiti Fund for Arab Economic Development signed Thursday a Grant Agreement with the United Nations High Commissioner for Refugees (UNHCR) worth $1.2 million to contribute to the rehabilitation and maintenance of homes for displaced persons in Yemen.
The death toll in the Gaza Strip has risen to 48,515, and the number of injuries has risen to 111,941, the majority of whom are children and women, since the start of the Israeli occupation's genocidal war on October 7, 2023.
The Qatar Central Bank's (QCB) international reserves and foreign currency liquidity increased by 3.81 percent in February to 255.916 billion riyals, compared to 246.509 billion riyals in the same month last year.
Saudi Arabia's Al-Taawoun qualified for the AFC Champions League semi-finals after defeating Iran's Tractor S. 4-2 on penalties, after both teams finished 2-2 after regulation and extra time.
PM receives Director of Hyundai Company's power factories
[07/05/2019 07:59]
ADEN-SABA
Prime Minister Ma'een Abdulmalik received Tuesday here Executive Director of Power and Energy Factories at Hyundai Motor Company Chung Yung and accompanying delegation and discussed with them Korean companies' help for improving service and power projects.
Yung acquainted Prime Minister with the company's activities and its future plans and reconstruction contribution in Yemen, as well as providing necessary development and service expertise.
Prime Minister praised deep-rooted relations between Yemen and Korea and continuous Korean support to the people of Yemen in different conditions and situations, including support to government of President Hadi, confirming that this support will continue to be appreciated by Yemeni government and people.
He pointed out that South Korea is active commercial partner to Yemen, indicating activation of economic partnership between the two countries.
He confirmed that the government will provide all necessary facilitations to Korean companies, pointing to significance of making use of available investment capabilities.
Prime Minister expressed hope of finding practical solutions to power plants' problems in Aden and improving their output.
For his part, Yung confirmed that the company will work on providing help to Yemen's development and service projects, pointing to readiness in participating in Yemen's reconstruction.