President, WB discuss cooperation

Premier and Foreign Minister Praises Saudi Arabia’s Fraternal Role in Supporting Yemen and Its People

Prime Minister and Minister of Foreign Affairs Dr. Shaya Zindani praised the sincere fraternal role of the Kingdom of Saudi Arabia, its leadership, government, and people, in supporting Yemen during the current exceptional circumstances, whether on the humanitarian, development, or economic levels.

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.

Inter Milan a win away from Serie A title

Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.

Last Update: ، 2026/04/29 Time 08:58:34
Latest News:

Yemen, UK Discuss Women’s Empowerment and Support Programs

Yemen: Houthi Attacks in Bab al-Mandab Part of Iran’s Maritime Strategy

Yemen’s Ambassador Discusses Bilateral Cooperation with Jordanian Official

Yemeni Delegation Explores Ethiopia’s Coffee Cultivation Experience

Yemen, EU Discuss Boosting Bilateral Ties

President, WB discuss cooperation

[20/09/2017 07:52]

NY-SABA
President Abdu Rabbu Mansour Hadi discussed with the Vice President of the World Bank Hafez Ghanem different areas of cooperation and the facilitations that Yemen is looking forward to.

The meeting discussed the plights of violence, poverty and epidemics gripping Yemen as a result of the Saleh-Houthi militias' unrelenting insistence on seizing power and wealth.

Hadi hailed the WB for cooperation in the fiend of social welfare and said he is looking forward to have a broader partnership in the reconstruction process.

Ghanem expressed the WB's support to all moves that aim ton stabilize Yemen economically and developmentally.

He said that the bank would be an effective partner in a number of job generating programs including the establishment of a reconstruction fund in cooperation with the donors with a view to achieving stability and peace.

He hailed the Central Bank of Yemen for taking the step of floating the exchange rate of the rial currency against the foreign currencies saying that will have positive impacts for Yemen's economy in the foreseeable future.

Meanwhile, Yemen's Minister of Industry Mohammed al-Maitami said the Yemeni government has prepared a comprehensive Recovery and Reconstruction Pan and has discussed it with its international partners including the World Bank.