PM appreciates Saudi $2 billion bailout

Yemeni Ministries Reaffirm Constitutional Loyalty Amid STC Secessionist Declarations

In the wake of recent secessionist statements issued by members of the Southern Transitional Council (STC) currently serving in government, several Yemeni ministries have issued public responses reaffirming their loyalty to the constitution and the unity of the Republic of Yemen.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Korean autos exports rise 13.7 percent in November

South Korea's autos exports rose by 13.7 percent year-on-year in November, thanks to a notable increase in shipments of eco-friendly and hybrid models.

Barcelona Consolidates Lead in Spanish La Liga with Win Over Villarreal

Barcelona strengthened its position at the top of the Spanish La Liga table after defeating host Villarreal 2-0 in the 17th round of the competition.

Last Update: ، 2025/12/23 Time 04:26:20
Latest News:

Ministry of Youth and Sports Condemns Misrepresentation of Ministry and Reaffirms Commitment to Constitution

Government Delegation Says Agreement Reached to Release Thousands of Detainees

MASAM Removes 924 Houthi-laid Mines in One Week

Deputy FM, Japanese Ambassador Discuss Bilateral Cooperation in Humanitarian and Development Sectors

Taiz Governorate Launches YR 350 Sanitation Project with Private Sector Partnership

PM appreciates Saudi $2 billion bailout

[18/01/2018 02:17]

ADEN-SABA
Prime Minister Ahmed bin-Daghr expressed his appreciation of Saudi $ 2 billion bailout in a meeting with Saudi Arabia's Ambassador to Yemen Mohammed Al Jaber in Aden on Thursday.

King Salman bin Abdulaziz Al Saud issued a directive for the amount to be deposited into the Central Bank of Yemen to stabilize the Yemeni Riyal which declined to unprecedented lows this week.

Bin-Daghr thanked king Salman and his Crown Prince Mohammed bin Salman for the generous support saying the devaluation of the Yemeni Riyal "is in continuous decline from the moment of issuing the directive."

"Saudi Arabia bore the greater burden (for Yemen) and the Yemeni people will not forget the Kingdom's sacrifices," he told A Jaber.

He called on the Kingdom and the UAE to assist by sending financial experts to help Yemenis lay down plans for and oversee these funds."

On the other hand, the Minister of Interior and governors and security directors of Aden, Abyan, Lahj, Dhale'a, Taiz and Hodeidah held a separate meeting with Al Jaber and thanked the Kingdom for rescuing the country's currency with the deposit.