Yemen, Saudi Arabia sign oil treaty

Yemen and Bahrain Strengthen Oil and Gas Cooperation at Regional Conference

Yemen's Minister of Oil and Minerals, Dr. Saeed Al-Shamasi, met with Bahrain's Minister of Oil and Environment, Dr. Mohammed bin Daina, to boost bilateral cooperation in oil, gas, and minerals.

Bulgarian Tourist Union to Celebrate 130 Years of Organized Tourism in Bulgaria

The Bulgarian Tourist Union (BTU) will organize a hike for hundreds of mountain lovers, starting from the Ivan Vazov National Theatre to Mt. Cherni Vrah, to celebrate 130 years of organized tourism in Bulgaria.

Austrian central bank expects 0.3 percent growth in 2025

The Austrian Central Bank expects the local economy to record a slight growth in GDP of 0.3 percent for the current year 2025, thus avoiding entering a third year of recession, following stronger than expected economic performance in the first half of the year.

Leeds United beat Everton in English Premier League

Leeds United beat Everton 1-0 at Elland Road in the final round of the English Premier League.

Last Update: ، 2025/09/18 Time 02:28:51
Latest News:

Gov't delegation introduced to experience of party school in Shanghai

Amb. al-Eryani discusses with Friedrich Ebert Foundation developments in Yemen

Industry Minister Meets Chamber of Commerce Chiefs to Boost Private Sector Partnership

Leadership Council Chairman Orders Crackdown on Criminals in Taiz After Deadly Assassination

FM Meets Japanese Ambassador to Discuss Economic Cooperation and Regional Security

Yemen, Saudi Arabia sign oil treaty

[13/04/2021 06:28]

RIYADH-SABA
The Government of Yemen represented by Minister of Electricity and Energy Anwar Kalshat and Saudi Program for Development and Reconstruction in Yemen represented by the General Sponsor of the program Mohammad Al Jaber signed Tuesday a treaty for importing 1.2 million ton of oil derivatives for operating power stations.

The treaty worth USD 422 million and comes in response to the government's demand for alleviating suffering of Yemeni people and supporting national economy.

Minister Kalshat praised Saudi continuous support to Yemen, describing support of energy sector as vital support for operating power station and helping economic recovery.

For his part, the Saudi Ambassador to Yemen Al Jaber, who is the sponsor of the program, made it clear that the donation aims at operating electric stations, improving infrastructure and helping improve services, confirming that the donation will help recovery of economic situation in Yemen.