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

President al-Alimi convenes meeting of government, local authorities

His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC) held today, Tuesday, a small government meeting included the governors of the government-held governorates, the Prime Minister, Minister of Foreign Affairs and Expatriates Dr. Shaya Zindani and the Governor of the Central Bank of Yemen (CBY) Ahmed Ghaleb.

Arab League Calls for Confronting Rising Anti-Muslim Hate

The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.

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.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/04/22 Time 12:33:35
Latest News:

Minister Mashdal Discusses Strengthening Partnership with International Organization for Migration

Minister of Agriculture meets with FAO Director-General

Vice Foreign Minister discusses with Acting UN Resident Coordinator joint cooperation

Yemen Participates in Ministerial Meeting of FAO 38 Session

Ambassador Mousa Discusses Strengthening Cooperation with Secretary-General of Arab Economic Unity Council

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.