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

Minister of Electricity, UN Envoy's Advisor Discuss Joint Cooperation About Electricity

The Minister of Electricity and Energy Engineer Adnan al-Kaaf conferred today, Sunday, with the Economic Advisor at the Office of the UN Secretary-General’s Special Envoy to Yemen Dirk Jan Omtzigt, in the temporary capital Aden, over joint cooperation in the electricity and energy.

10 Palestinians Killed in Gaza as Israeli Forces Arrest Palestinian Minister

Ten Palestinians, including nine Palestinian police officers and personnel, were killed and others injured in Israeli airstrikes and shelling targeting northern and central Gaza Strip on Wednesday.

German Exports Rise 3.9 Percent

The total of German exports increased by 3.9 percent during the first half of 2026 compared to the same period last year, reaching 817.8 billion euros.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/08/23 Time 11:16:19
Latest News:

Yemeni Ambassador Bin Brayk Hands Credentials to Saudi Foreign Ministry

Houthi Militias Target Two Civilian Vehicles in Dhale’a, Injuring Three

Minister of Industry : Private Sector Key Partner, Driver of Economic Activity

Ministerial Committee for Institutional Reforms Holds Its First Meeting In Aden

Health Committee Discusses Strengthening National Preparedness to Address Health Emergencies

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.