Yemen's safe haven for IDPs and investors improves power supply

CBY Governor: IMF Statement reflects renewed institutional engagement with the international community

Governor of the Central Bank of Yemen Ahmed Ghaleb has said that the International Monetary Fund (IMF) statement on the conclusion of Article IV consultations with the Republic of Yemen reflects an important return to institutional engagement with the international community after a long period of interruption, welcoming the content of the statement.

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 rises as markets assess supply risks

Oil prices rose today, Tuesday, due to supply concerns, with Brent crude futures climbing $2.89, or 2.9 percent, to $102.83 per barrel.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/04/04 Time 04:14:14
Latest News:

IMF Executive Board approves results of Article IV consultations with Yemen

KSrelief distributes tents, shelters for rain-impacted families in Marib

Distribution of 400 food parcel to flood-impacted families in Mocha with Kuwaiti suppor

National Committee for Regulating, Financing Imports approves several measures

Yemen, France discuss security cooperation

Yemen's safe haven for IDPs and investors improves power supply

[27/11/2018 09:59]

MARIB-SABA
The government-held province of Marib which is offering a safe haven both for internally displaced persons and for investors in Yemen's east is now working on upgrading its power production to meet a growing demand especially from new businesses.

The province's governor Sultan al-Eradah and a team of local technicians met her on Monday and discussed the switch from a hired power generators to operating the local gas turbine station which at the current stage can produce no less than 340 megawatts.

It was revealed that two 40-MW electric transformers have been imported to get the plant to produce the province's especially its capital's needs of power.

In a separate meeting, the governor and the managements of the oil exploration company "Safer", the Yemen Gas Company and the provincial Security Committee discussed stepping up measures to clamp down on the smuggling of oil products and the highway interceptions of fuel trailers by gangs. They discussed ensuring a smooth delivery of fuel to the public and boosting the state treasury with revenues.