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

Minister of Planning highlights need for EU support for reforms program, developments projects

The Minister of Planning and International Cooperation Dr. Afrah al-Zouba discussed today, Tuesday, in the temporary capital Aden, with the Ambassador of the European Union (EU) to the Republic of Yemen Patrick Simonnet aspects of joint cooperation and partnership.

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: ، 2026/03/31 Time 07:37:23
Latest News:

Minister Al-Kaf Discusses Enhancing Cooperation in Electricity, Energy with EU Ambassador

Yemenia resumes its flights from Aden to Amman

Al-Muharrami discusses latest Developments, Counterterrorism Efforts with US Ambassador

Al-Sharjabi discusses with FAO partnership in water, environment

Prime Minister Affirms Importance of Partnership with European Union

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.