PM: Talks with WB, IFC came out with significant understandings

Defense Minister discusses security, military developments

Defense Minister Major General Dr. Mohsen al-Daeri discussed Thursday with British Ambassador to Yemen Abda Sharif latest developments in security and military situations and ways to enhance cooperation in training and qualification.

Bulgaria Launches First Innovation Centre for Internal Security

Bulgaria's Prime Minister, Rosen Zhelyazkov, inaugurated the country's first innovation centre dedicated to internal security, AXON lab, at the Academy of the Interior Ministry on Friday. The centre focuses on training and applying modern technologies in law enforcement.

Foreign currency reserves in Egypt increase up to $49.036 billion

The Central Bank of Egypt announced an increase in the net foreign currency reserves to $49.036 billion by the end of July 2025, compared to approximately $48.700 billion at the end of June, with an increase of $336 million.

Saudi Al-Hilal FC Eliminated from FIFA Club World Cup After 2-1 Defeat to Fluminense

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.

Last Update: ، 2025/08/08 Time 03:38:22
Latest News:

President al-Alimi meets with the leaders of the National Coalition of the Political Parties

United States Praises Yemeni Security Forces for Interdicting Large Quantity of Hashish

Presidential Council Member Reviews Efforts to Operate Aden Refineries and Secure Fuel for Electricity

Maj. General al-Zubaidi warns of cooperation between Houthi militias and Somalis Shabab movement, al-Qaeda

FM, South Africa Ambassador discuss joint cooperation

PM: Talks with WB, IFC came out with significant understandings

[27/06/2022 06:10]

ADEN - SABA
Prime Minister Dr. Ma'een Abdulmalik confirmed that the government's talks with the World Bank (WB) and International Finance Corporation (IFC) which held in the temporary capital Aden today produced important understandings about bolstering the WB's actions in the temporary capital in upcoming stage to further boosting partnership and cooperation, responding to humanitarian and development needs and sustain the government's efforts to achieve the economic recovery and stability.

Speaking at joint conference with WB's delegation headed by the Chief Executive of the WB Group Dr. Merza Hassan held in Aden following the WB's delegation visit, Ma'een noted that the government and the WB came to agreement about the importance of balancing the emergency response projects with the sustainable development ones and concentrating on financing the productive sectors such as fishery and agriculture.

The Prime Minister highlighted the major challenge facing Yemen currently which is the raising prices of the food stuffs as a result of the high inflation rates.

For his part Dr. Hassan underscored the importance of striking balance between humanitarian aids and sustainable development to build Yemen that is based on strong institutions in the upcoming stage.