$312 million in Saudi oil grant payments to Yemen

Presidential Leadership Council Affirms Full Support for Government's Program, Praises Saudi Efforts

The Presidential Leadership Council held a meeting on Sunday evening, chaired by His Excellency President Dr. Rashad Mohammed al-Alimi, the Chairman of the Council.

Casualty Toll from Israeli Offensive on Gaza Rises to 72,070 Martyrs, 171,738 Injured

The casualty toll from the Israeli occupation’s offensive on the Gaza Strip since October 7, 2023, has risen to 72,070 martyrs and 171,738 injured, according to the Ministry of Health in Gaza.

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: ، 2026/02/23 Time 06:49:11
Latest News:

Minister of Transport sets priorities for current stage

Minister al-Bakri Discusses with UN Envoy’s Office Government Efforts to Strengthen Security, Stability

Minister of Defense convenes meeting of his assistants, heads of military agencies

Yemen condemns statements of U.S. Ambassador to Israel

Al-Wadiah Port Security foils attempt to smuggle thousands of Captagon pills

$312 million in Saudi oil grant payments to Yemen

[05/02/2022 06:21]

Aden - Saba
The total value of the quantities received from the Saudi oil grant to operate power stations in the liberated governorates amounted to about $312 million, the percentage paid by the donor is 72%, and the government is 28%.

Today, the seventh batch of the Saudi oil grant, amounting to 60,000 metric tons of diesel, was received at the oil port in the temporary capital Aden to complete the seventh installment.

The Deputy Minister of Electricity, Abdul Hakim Fadel, said: "The Saudi oil grant achieved positive results for many vital sectors, and also contributed to the improvement of the national economy by providing funds and harnessing them for development areas."

For his part, the Undersecretary of Aden Governorate, Muhammad Shazly, reiterated the importance of the great role of the grant in improving basic services, foremost of which is the electricity service, which is the backbone of life.

He stressed the importance of concerted efforts of all to continue the process of reforms and improvement in various service areas and to improve the general conditions of citizens.