Minister of Industry discusses with Secretary-General (UNCTAD) enhancing cooperation
Minister of Industry and Trade Mohammed al-Ashwal discussed Saturday with the Secretary-General of the United Nations Trade and Development Organization (UNCTAD) Rebecca Greenspan ways to enhance bilateral cooperation and support sustainable development in Yemen.
Bulgaria's Tourism Minister Emphasizes Sustainable Development
Bulgaria's Tourism Minister Miroslav Borshosh emphasized the importance of integrating the tourism sector into blue and green economies to ensure sustainable development and environmental protection. Speaking at the Black Sea 2030: Partnership for a Sustainable Future International Forum, Borshosh highlighted the need for joint efforts among the state, local authorities, and businesses to protect the coastline and stimulate innovation.
Turkish Central Bank lowers interest rate to 39.5 percent
The Central Bank of Turkey lowered today, Thursday, the interest rate by 100 basis points from 40.5 percent to 39.5 percent on one-week repo operations.
Morocco wins Under-20 Youth World Cup title
The Moroccan national team won the FIFA U-20 World Cup title after defeating Argentina 2-0 in the final of the tournament hosted by Chile.
User Name: Password:
President: Saudi Arabia will support Yemen's bank with USD 2 billion
[11/11/2017 02:25]

RIYADH-SABA
President Abdo-Rabbu Mansour Hadi presided over a meeting on Saturday for his advisors and Prime Minister bin-Daghr and Deputy Prime Minister Jubari and discussed with them his fruitful meeting with Saudi Crown Prince Mohammad bin Salman.

President Hadi mirrored Keenness of Saudi Arabia and of its crown prince on continuous support to Yemen in fields of economy, development, reconstruction, realizing peace and stability and other fields.

He confirmed that solutions for a number of issues led by supporting the Central Bank of Yemen with USD two billions as financial deposit for boosting local currency and securing power fuel for a complete year. This will help achieving economic stability in cities and provinces.

He pointed out the Crown Prince's confirmation that the kingdom has allocated funds for reconstruction and maintaining infrastructure of education, health, roads, power, water and others to start from January 2018.

President Hadi issued directives to the government to make plans and programs to include practical implementation for development plans supported by Saudi Arabia.

The meeting dealt with latest service, living, security and military developments.

President Hadi praised sacrifices and heroic acts made by affiliates of the National Army and popular resistance in different warfronts, stressing on double efforts by the state's institutions to restore the state and putting an end to Houthi-Saleh's coup.

"Our aims are clear and our track is defined by the national consensus and peace references based on the GCC Initiative, the outcomes of the National Dialogue Conference and relevant UN resolutions led by Resolution 2216," said President.

President Hadi, his advisors and prime minister and his deputies thanked the Custodian of the tow Holy Mosques King Salman Bin Abdul-Aziz and his Crown Prince Mohammad bin Salman for their generous support to Yemen in all domains.

The meeting strongly condemned the campaign targeting government's efforts in Aden and liberated areas, calling for support from all parties to the government for achieving its objectives.

They all confirmed that a new phase of development, stability and getting rid of rebellion and restoring the state is waiting the new federal of Yemen.




Leadership Council Chairman Leaves Aden to Lead High-Level Consultations with Stakeholders
President al-Alimi receives credentials of newly appointed Ambassadors
Leadership Council Chairman al-Alimi Emphasizes Restoration of Institutions and Relief Efforts
President al-Alimi affirms commitment to national partnership, achieving victory battle for national salvation
Presidential Leadership Council confirms its full commitment to partnership principle in light of transitional stage references
President al-Alimi discusses with Crown Prince of Kuwait developments in Yemen, region
President al-Alimi meets with UN Undersecretary for Humanitarian Affairs
Guterres announces before president al-Alimi more protective measures for relief workers in Yemen
President al-Alimi discusses with Russian Foreign Minister developments in Yemen, region
President al-Alimi stresses importance of resuming US humanitarian aid

About Saba News Agency | Usage Agreement | Contact Us