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

Three Children, Two Women Injured in Houthi Shelling on Residential Areas in Taiz

Five civilians, including three children and two women were injured today, Monday, by shrapnel from shells fired by the Iranian-backed Houthi terrorist militiamen on residential neighborhoods in the governorate of Taiz.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

Brent Crude Futures Rise 12 Cents

Oil prices remained mostly unchanged in early Asian trading on Thursday following gains from the previous session and a sharp monthly increase.

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: ، 2026/10/12 Time 11:15:22
Latest News:

Prime Minister Praises Security Forces for Foiling Houthi Terror Plots in Aden, Lahj, Abyan

Vice Foreign Minister Reports to UN High Commissioner on Humanitarian Crisis in Yemen

Yemen's Ambassador Discusses with Chinese Official Developments in Yemen

Civil Service Ministry Announces Wednesday Holiday to Mark 63rd Anniversary of October 14 Revolution

Yemen Calls for Firm International Action Against Houthis

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.