Yemen, Kuwaiti Development Fund sign agreement for implementing projects

President al-Alimi Hails Creating Multinational Naval Alliance, Highlights Saudi Support for Yemeni State Institutions, Regional Security, Stability

His Excellency Dr. Rashad Mohammed Al-Alimi, Chairman of the Presidential Leadership Council (PLC) underlined the announcement of the establishment of the Multinational Naval Defense Alliance led by Saudi Arabia, describing this move as a strategic initiative and a very important step to boost collective security, protect international navigation and secure vital sea routes in the Red Sea, the Gulf of Aden, and the Bab al-Mandab Strait.

Three Palestinians Killed, 10 Injured in Israeli Airstrikes on Gaza

Three Palestinians were killed and more than 10 others injured on Saturday in a series of Israeli airstrikes targeting several areas across the Gaza Strip.

Korea's Travel Account Posts Surplus for 3rd Month in Row

South Korea reported a surplus in its tourism account for the third month in a row in May, driven by a rise in the number of foreign tourists, reaching $220.5 million in May compared to a deficit of $820.2 million in the same month last year.

England Claim FIFA World Cup 2026 Bronze with Victory over France

England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.

Last Update: ، 2026/07/31 Time 06:06:16
Latest News:

Minister of Oil, German Ambassador Explore Investment Opportunities in Oil, Gas

President al-Alim Receives Credentials of Several New Ambassadors

Foreign Minister Discusses Strengthen Bilateral Relations with Kuwaiti Ambassador

Speaker of Shura Council Confers with EU Ambassador over Developments in Yemen

Health Ministry, UNFPA Review Reproductive Health Support

Yemen, Kuwaiti Development Fund sign agreement for implementing projects

[08/11/2018 04:54]

KUWAIT-SABA
Minister of Planning and International Cooperation Mohammad al-Sa'adi and the Kuwaiti Fund for Development signed on Thursday agreement for resuming the fund's projects in Yemen.

On the other hand, Minister al-Sa'adi discussed with Kuwaiti Minister of Finance Nayef al-Hajraf cooperation between the two countries.

Al-Sa'adi reviewed the economic and financial situation in Yemen and means of cooperation and support the State of Kuwait can provide for limiting effects of economic and financial deterioration.

The two parties confirmed significance of periodical communication for proceeding with implementation of the projects.