Arab Monetary Fund emphasizes willingness to offer $150 million to Yemen

Ambassador Mousa Discusses Strengthening Cooperation with Secretary-General of Arab Economic Unity Council

The Chargé d'Affaires of Yemen’s Permanent Delegation to the League of Arab States, Ambassador Dr. Ali Mousa discussed Monday with the Secretary-General of the Arab Economic Unity Council Ambassador Mohamadi Al-Ni ways to enhance joint cooperation between the delegation and the council, as well as mechanisms for developing joint Arab action in economic fields and making better use of available resources.

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 price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

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: ، 2026/04/21 Time 10:00:52
Latest News:

Yemen, Indonesia discuss enhancing trade between them

Governor of Taiz discusses with CIVIC Center joint coordination

Shabwah Governor Discusses Expanding Humanitarian Interventions with King Salman Center

President al-Alimi urges stimulating all potentials to make Abyan better

Foundation stone laid for three Saudi-funded water projects in Marib worth over $25 million

Arab Monetary Fund emphasizes willingness to offer $150 million to Yemen

[10/02/2019 05:54]

DUBAI-SABA
The Chairman of the Arab Monetary Fund Abdurahman al-Hameedi said the Fund will work to finalize the necessary procedures to allocate $150 million from the Arab Trade Budget for Yemen, after Yemen settles the overdue installments as per the new debt structure.

Al-Hameedi made the remarks in a meeting with the governor of the Central Bank of Yemen Mohammed Zimmam in Dubai on Sunday. The meeting discussed the installments unsettled from 2016 due to the Houthi-triggered turbulence.

Zimmam on his part confirmed that Yemen would pay the overdue installments to the Arab Monetary Fund after this debt balance is restructured. Al-Hameedi noted that Yemen has always been committed to settling its debts and never before did it delay the settlement of its debts to any Arab or international financial institutions.

He therefore said it is the Fund's duty to stand by the side of Yemen in this crisis the country is going through.