Yemen and Kuwait Conclude a Agreement to Revitalize Kuwait Fund's Economic Development Financing

Torrential rains in Taiz cause deaths of 15 people, widespread material losses

Floods resulting from heavy rainfall hit districts of Mocha, Wawzaa, Alwaziyah, Jabal Habashi and Makbana on Friday March 27, 2026, caused significant human and material losses in several areas within host communities.

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 rises as markets assess supply risks

Oil prices rose today, Tuesday, due to supply concerns, with Brent crude futures climbing $2.89, or 2.9 percent, to $102.83 per barrel.

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: ، 2026/03/30 Time 05:18:04
Latest News:

Houthi terrorist militias bombard IDP camp south of Hodeida

Minister of Interior praises American support for Yemeni security services

Minister of Planning discusses with WB joint efforts to expand development support

Minister of Electricity seeks American support for electivity

Vice Foreign Minister holds meeting with Yemeni Ambassadors to Arab countries

Yemen and Kuwait Conclude a Agreement to Revitalize Kuwait Fund's Economic Development Financing

[08/02/2025 02:09]

RIYADH - SABA
Yemen and the Kuwait Fund for Arab Economic Development (KFAED) signed a bilateral agreement on Saturday in Riyadh, aimed at revitalizing Kuwaiti development projects and restructuring the repayment of outstanding debts.

This accord is a testament to the Kuwaiti leadership's appreciation for the extraordinary circumstances prevailing in Yemen and the historic bonds of friendship between the two fraternal nations.

The agreement was inked by Dr. Waed Badheeb, Yemen's Minister of Planning and International Cooperation, and Eng. Waleed Shamlan Al-Bahar, Acting Director-General of the Kuwait Fund for Arab Economic Development.