Ministers of Planning, Finance, Electricity seek IFC's energy, telecommunications investments

President al-Alim: We're determined to protect civilians, correct course of partnership within Coalition to support Legitimacy

His Excellency (HE) President Dr. Rashad a-Alimi, Chairman of the Presidential Leadership Council (PLC), affirmed that the state is determined to protect civilians, uphold its legal standing and maintain unity in its military and security decisions, warning of the danger posed by the escalation of the South Transitional Council (STC) in Hadramout and al-Mahra governorates and the involvement of the United Arab Emirates (UAE) in supporting the rebellion and undermining state institutions.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

China's ETF market hits record $855.6

The combined scale of China's exchange-traded funds (ETFs) has hit a record 6.02 trillion yuan ($855.6 billion), up more than 2.2 trillion yuan from the end of last year, Shanghai Securities News reported Saturday, citing data from Choice, a financial information provider.

Arsenal defeats Brighton and strengthens its lead in the English Premier League

Arsenal defeated Brighton 2-1 in their match at the Emirates Stadium as part of the 18th round of the English Premier League.

Last Update: ، 2025/12/30 Time 11:05:05
Latest News:

Yemen Orders UAE Forces to Withdraw Amid Rising Tensions

A republican decree about declaring a state of emergency

President al-Alim: We're determined to protect civilians, correct course of partnership within Coalition ..

Interior Ministry Supports President's Decisions to Counter Armed Rebellion

Coalition Conducts Limited Airstrike on Weapons Shipment at Yemen's Mukalla Port

Ministers of Planning, Finance, Electricity seek IFC's energy, telecommunications investments

[15/10/2023 04:05]

MARRAKESH-SABA
Minister of Planning and International Cooperation Waed Batheeb, Minister of Finance Salem bin Buraik and Minister of Electricity and Energy Manea bin Yameen discussed Sunday here with Vice President of International Finance Corporation Halah Sheikh boosting partnerships between the public and private sectors.

The two partis also discussed encouraging investment in field of energy, information technology and telecommunications.

Minister Batheeb praised efforts of IFC in expanding participation of the corporation and its support to the private sector in Yemen, touching upon significance of the vital role of the private sector in enhancing economic situation.

He confirmed need to the help of the IFC in financing projects contribute in enhancing flexibility of private sector and its survival ability, as well as government's aspirations for joint cooperation and working on making a plan for necessary support to enhance capabilities of Yemen's institutions.

Minister of Planning urged the IFC to provide technical support, training and consultative services to the government, companies and local financial institutions to improve their skills and abilities on attracting investments.

For his part, Minister of Finance bin Buraik reviewed latest economic and financial developments and government's efforts in implementing the program of inclusive reforms in economic, financial, cash and financial domains.

In the meantime, Minister of Electricity bin Yameen confirmed significance of international support to electricity and energy sector in Yemen for helping government's efforts and ministry of electricity in facing challenges and implementing sustainable projects.