Arab countries welcome formation of new presidential council

Safer Company CEO Discusses Energy Sector Challenges, Opportunities for Joint Cooperation with German Ambassador

The Executive Director of Safer Exploration and Production Operations Company Eng. Salem Kaaiti discussed Monday with the German Ambassador to Yemen Thomas Schneider a number of issues related to the energy sector and the challenges facing the company amid the exceptional circumstances the country is experiencing.

Magnitude 5 Earthquake Strikes Fiji Islands in the South Pacific

A magnitude 5.0 earthquake struck south of the Fiji Islands in the South Pacific Ocean on Sunday, according to the United States Geological Survey (USGS). The earthquake occurred at a depth of approximately 486.2 kilometers beneath the Earth's surface.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/06/08 Time 11:03:29
Latest News:

Al-Muharrami Stresses Development Partnership with Japan

Minister of Human Rights Discusses Strengthening Bilateral Cooperation with Italian Ambassador

Aden Governor, Russian Ambassador Discuss Strengthening Bilateral Cooperation

PLC Member al-Arada, German Ambassador Discuss Yemen’s Political, Humanitarian and Development Situation

MASAM Removes 798 Landmines During First Week of June

Arab countries welcome formation of new presidential council

[07/04/2022 12:57]

CAPITALS-SABA
Saudi Arabia, Kuwait, Jordan and Bahrain have welcomed declaration of President Abd-Rabu Mansour Hadi of establishing Presidential Council Leadership to finalize the transitional period and giving all powers of president to the council.

Saudi Arabia confirmed full support to the presidential council and entities supporting it to enable it practice its duties and implement effective policies and initiatives to realize security and stability in the Republic of Yemen and ending Yemen's crisis, according to Saudi News Agency ( WAS).

In this regard, Saudi Arabia announced of providing quick fund support to Yemen's economy worth USD three billions from Saudi Arabia and UAE.

Two billions of this financial support provided equally from Saudi Arabia and Emirates will be assigned to the Central Bank of Yemen and one billion for buying oil derivatives and for implementing developmental projects in the country.

Ministries of foreign affairs of Kuwait, Jordan and Bahrain confirmed their support to the new Yemeni presidential council to manage the state affairs and ending Yemen's crisis through inclusive political solution between all parties.