PM affirms keenness to develop new model in finance mechanisms with int'l partners

Stability of Aden cornerstone for eliminating the coup—Lieutenant General al-Subaihi stressed

The Member of the Presidential Leadership Council (PLC) (Lt Gen) Mahmoud al-Subaihi stressed that the stability of the temporary capital Aden is the key foundation for victory in the ongoing battle to restore the state institutions and eliminate the Iranian-backed Houthi coup d'état.

German Chancellor Says Europe Must Stand Strong

German Chancellor Friedrich Merz has called on Europeans to strive for greater autonomy, emphasizing the need for Europe to defend itself using its own capabilities, given the shift in transatlantic relations.

Korea large companies' exports rise 10 percent

Large companies' exports in South Korea rose approximately 10 percent year-on-year in the fourth quarter of last year, driven by increased global demand for semiconductors.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/02/19 Time 11:49:32
Latest News:

Government Holds its First Meeting

Yemeni Ambassador Explores Ways to Boost Cultural Cooperation with Indonesian Minister

Yemeni Ambassador Discusses Boosting Judicial Cooperation with Moroccan Prosecutor General

Yemen's Health Ministry Boosts Cooperation with WHO to Enhance Epidemiological Surveillance

Yemen’s Ambassador Discusses Cultural Property Protection Cooperation with Swiss Federal Office Director

PM affirms keenness to develop new model in finance mechanisms with int'l partners

[19/06/2021 03:49]

RIYADH – SABA
Prime Minister Dr. Maeen Abdulmalik affirmed the government's keenness to develop with its international partners a new model in the financing mechanisms for vital sectors projects, especially energy and transportation.

In a meeting he held via video conference with the Executive Director and Dean of the Board of Executive Directors at the World Bank Group Merza Hasan, the Prime Minister stressed that development, providing services and creating job opportunities are essential elements in reaching peace in Yemen.

He reviewed the economic situation and the challenges facing the government in light of the scarcity resources and pressure to provide services as the Houthi militia's war drags on in the country.

Abdulmalik praised the long-standing partnership between Yemen and the World Bank, which has resulted in strengthening institution-building and infrastructure, pointing out the importance of providing a facilitation platform for trade in foodstuffs and trade in oil derivatives, which will contribute to the stability of the currency and the humanitarian aspect.