Re-assigning $32 million from Islamic Bank to counter coronavirus

“MASAM” removes 3,765 mines, munitions within 21 days, clears more than one million square meters

The field teams of the “MASAM” project for mine removal in Yemen has extracted 3,765 mines, unexploded ordnance, and improvised explosive devices from the beginning of November until the 21st of the month.

Bulgaria's Kozloduy Nuclear Plant Partners with 4 Universities to Train Future Staff

Kozloduy Nuclear Power Plant (NPP) - New Builds EAD signed framework agreements with four Bulgarian universities to collaborate on staffing future projects, attended by Energy Minister Zhecho Stankov and Education Minister Krasimir Valchev.

Saudi-French Businesses Forum kicks-off its sessions

The Saudi Minister of Commerce, Chairman of the Board of Directors of the General Authority for Foreign Trade Dr. Majid al-Qasabi and the French Minister Delegate for Foreign Trade and French Attraction Nicolas Forissier inaugurated yesterday, Saturday, the Saudi-French Business Forum.

Croatia Qualifies for 2026 World Cup with Thrilling Win Over Faroe Islands

Croatia secured a spot in the 2026 World Cup in the United States, Mexico, and Canada after defeating the Faroe Islands 3-1.

Last Update: ، 2025/11/25 Time 11:27:31
Latest News:

Health Minister seeks greater support from GAVIi, WB to medical services

Planning Minister briefs British official on gov't's economic reforms plan

Yemen Health Minister Discusses Health Donor Conference with UK Officials

Yemen and Jordan Strengthen Cooperation in Passport and Civil Affairs

Yemen Issues Volcanic Ash Cloud Alert Amidst Ethiopian Eruption

Re-assigning $32 million from Islamic Bank to counter coronavirus

[07/05/2020 08:38]

RIYADH-SABA
The Yemeni Government and Islamic Bank Group agreed Thursday on re-allocating $32 million were allotted to previous projects in order to be devoted immediately through fast track to contain coronavirus pandemic.

This is done through negotiations conducted by the Minister of Planning and International Cooperation Dr. Najib al-Aweg with the President of the Islamic Bank Group Dr. Bander bin Hajjar via videoconference.

They also touched upon the Mobile Clinic Project to be funded by charitable person with total cost $51 million.

For his part the President of the Islamic Bank Group has agreed to provide a grant worth $3 million from the Fund of Islamic Solidarity and one more donation of $200 thousand.

He also agreed to allocate an additional contribution with $350 thousand from a charitable project run by the Islamic Bank.