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

MASAM removes 815 Houthis-laid landmines in the 2nd week of October

King Salman Humanitarian Relief Center's Demining Project in Yemen, known as "MASAM" managed to remove 815 of landmines, unexploded ordnances (UXO) and explosive devices in the second week of this month, October 2025.

BTA Presents English edition of Anniversary Book, honours former directors general Panayot Denev, Ivo Indzhev

The Bulgarian News Agency (BTA) presented on Wednesday the English-language edition of 125 Years Bulgarian News Agency. The Real News: Stories On File 1989–2023 at its National Press Club in Sofia.

Chinese Central Bank conducts direct reverse repurchase operation worth 600 billion yuan

The People's Bank of China announced last Tuesday that it would conduct a direct reverse repurchase operation worth 600 billion yuan (approximately 84.48 billion US dollars) today, Wednesday, in order to maintain ample liquidity in the banking system.

Ghana qualifies for the 2026 World Cup

Ghana qualified for the 2026 World Cup after defeating Comoros 1-0 in the African qualifiers.

Last Update: ، 2025/10/19 Time 04:27:18
Latest News:

President al-Alimi confirms state resolve to go on reforms program

Planning Minister and Central Bank Governor Participate in World Bank and IMF Annual Meetings

Yemen, Indonesia Sign Memorandum to Boost Trade, Investment Cooperation

Vice Foreign Minister Meets Palestinian Foreign Minister

Foreign Ministry Condemns Houthi Leader's Incitement Against UN Organizations

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.