President Dr. Rashad Muhammad Al-Alimi, Chairman of the Presidential Leadership Council, met Monday with Prime Minister Salem Saleh Bin Breik, Central Bank Governor Ahmed Ghaleb and Head of the Economic Team Hossam al-Sharjabi.
The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.
U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.
Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.
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.