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

Prime Minister Discusses Latest Developments with UK Ambassador

Yemen's Prime Minister, the Minister of Foreign Affairs and Expatriates, Dr. Shaya Zindani held virtual talks on Wednesday with the United Kingdom's Ambassador to Yemen Abda Sharif.

U.S. Extends Work Permits for Temporary Protected Status Holders

The U.S. administration has extended work permits for hundreds of thousands of migrants from Haiti and six other countries who are protected under the Temporary Protected Status (TPS) program, just hours before the permits were due to expire.

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.

France Advance to World Cup Quarterfinals, Set Up Morocco Clash

France secured a place in the quarterfinals of the 2026 FIFA World Cup after edging Paraguay 1-0 in their Round of 16 encounter.

Last Update: ، 2026/07/15 Time 04:23:16
Latest News:

Higher Education Minister, Chinese Chargé d'Affaires Discuss Cultural Exchange

Ambassador Balfaqih Discusses Iranian Escalation with Indonesian Deputy Foreign Minister

President al-Alimi Arrives in Doha to Offer Condolences on Death of Sheikh Hamad bin Khalifa Al Thani

Al-Amaliqa Brigades Seize Shipment of Specialized Weapons-Manufacturing Materials Bound for Houthis in ..

Consultation and Reconciliation Renews Support for Presidential Leadership Council Decisions to Protect ..

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.