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

President al-Alimi praises adherence of Shoura Council, political parties to references of transitional stage

His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC) praised the nationalistic and responsible stances of the Shoura Council and the National Coalition of the Political Parties (NCPP) which affirmed their categorical rejection of any unilateral measures that weaken state institutions or undermine the existing partnership among national forces battling the Iranian regime backed Houthi terrorist militias.

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).

African Development Bank supports transport infrastructure in Somalia with $76 million

The African Development Bank has approved additional funding of $76.37 million for the road infrastructure program in Somalia, which is a key component of the Horn of Africa Corridor project connecting Somalia, Djibouti, and Ethiopia.

CAF Unveils Official Mascot for 2025 Africa Cup of Nations in Morocco

The Confederation of African Football (CAF) and the Local Organizing Committee unveiled the official mascot for the 2025 Africa Cup of Nations in Morocco, named "Asad" (Lion), embodying a symbol of African pride and passion for football.

Last Update: ، 2025/12/15 Time 07:11:31
Latest News:

Yemen Participates in 19th Meeting of CEDARE Board of Trustees in Virtual Session

Foreign Minister meets with Austria's Special Envoy

Maj. General al-Zubaidi briefed on health services in government-held governorates

Minister al-Soqatri Discusses with World Food Program Support for Agricultural, Fisheries Sector Projects

Guterres: What Hadhramaut is witnessing is a dangerous development, Houthis' arrest of UN employees unacceptable

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.