Yemen's Ambassador to Mauritania Dr. Salem al-Arada discussed thursday with Mauritanian Minister of Defense, Retirees Affairs and Sons of Martyrs Hanana Ould Sidi bilateral relations between the two brotherly countries and ways to enhance and develop them in the military field.
The Bulgarian News Agency (BTA) presented on Wednesday the English-language edition of 125 Years Bulgarian News Agency. The Real News: Stories On File 1989–2023 at its National Press Club in Sofia.
The Islamic Development Bank (IsDB) will celebrate tomorrow, Tuesday, in the British capital London, the issuance and listing of green sukuk worth 500 million euros by the bank.
AMMAN-SABA
The Governor of the Central Bank of Yemen, Dr. Mohammad Mansour Zamam, met today with the representative of the International Finance Corporation (IFC)Saad Sabra.
The meeting discussed the mechanisms of the external trade guarantee and finance fund allocated to facilitate, for Yemen, the opening of letters of credits with commercial banks for importing basic commodities for all Yemeni regions. The basic commodities include wheat, rice, sugar and medicines.
Zammam pointed out that the Saudi Arabia is the only country so far to have given preliminary approval to fund the project with $ 100 million apart from its $2 billion bailout deposited in Yemen's Central Bank to shore up the Yemeni currency, Riyal.
Zammamsaid that there was a delay in the implementation of the project and efforts are now being made by the Central Bank and the IFC to complete the signatures ofthe project documents, including the initial finance agreement of 100 million dollars out of the required USD 500 million.