Signing Tripartite Agreement to Operate 70 Power Stations in Yemen with Saudi Support
A tripartite agreement was signed Wednesday between the Ministry of Electricity and Energy, the Yemeni Oil Company (PetroMasila), and the Saudi Program for the Development and Reconstruction of Yemen to finance petroleum derivatives and supply more than 70 power generation stations across various governorates.
Massive 7.0 Magnitude Earthquake Strikes Alaska, USA
A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).
Public debt in Germany rises 2.1 percent
The total public debt in Germany rose to 2,608.8 billion euros by the end of the third quarter of 2025, an increase of 54.8 billion euros, equivalent to 2.1 percent, compared to the second quarter of the same year.
Morocco and Senegal qualify for the semi-finals of the Africa Cup of Nations
The Moroccan national team qualified for the semi-finals of the Africa Cup of Nations after defeating Cameroon 2-0 in their match at Prince Moulay Abdellah Stadium in the Moroccan capital, Rabat.
User Name: Password:
PM : Riyadh Agreement major step to redress irregularities
[10/11/2019 03:53]

RIYADH-SABA
Prime Minister DrMa'een Abdulmalik described the Riyadh Agreement sponsored by the Kingdom of Saudi Arabia (KSA) as a significant move toward redressing the collateral consequences coincided with driving Houthi militias out of most the Yemeni regions.

Speaking at workshop on the future of development and reconstruction in Yemen organized in Riyadh by the Saudi Program for Reconstruction and Development in Yemen, Ma'een underscored the importance of getting the Riyadh Agreement to serve as practical step to set the government-held regions a good example for economic and development prosperity.

" This is one the most important instruments to eliminate Iranian-Houthi scheme in Yemen", said Ma'een.

In his opening remarks the Prime Minister said" In spite of all challenges our plans are not only aiming to improve basic services, pay salaries but rather to reinvigorate the economic drive movement, bring back national capitals, attract investment enterprises and establish partnership with private sector".

Ma'een highlighted the need for great and substantial support by the KSA in different fields including security, military and economy.

DrMa'een highly appreciated substantial and continuous support by the KSA, citing the $2 billion Saudi deposit and the 3 month fuels grant as a case –in-point.

For his part, the Ambassador of the KSA to Yemen Mohammed Sa'eed al-Jaber, General Supervisor of the Saudi Program for Reconstruction and Development in Yemen stated that the KSA has contributed for decades to the development in Yemen. " the KSA has been the major sponsor for Yemen with total amount $14 billion", said al-Jaber.

Al-Jaber went on citing the projects have been implemented by the Saudi Program in the infrastructure" the Program has been carrying out its projects in seven sectors (health, education, transport, water, electricity, security, agriculture and fishery".



Signing Tripartite Agreement to Operate 70 Power Stations in Yemen with Saudi Support
Musawah Organization: Houthi militias forcibly disappearing 74 civilians from Dhamar in their prisons for 86 days
PM Receives Acting Chinese Ambassador
Prime Minister Receives British Ambassador to Yemen
Amb. al-Maytami celebrates Arab-Chinese deeply rooted relations
President al-Alimi praises wise leadership of local authority in Mahra, Shabwa governorates
Yemen’s Ambassador in Amman Discusses Ways to Enhance Bilateral Relations with Secretary General of Jordan’s Ministry of Foreign Affairs
Leadership Council Member al-Khanbashi discusses enhancing joint security coordination with UN official
Tariq Saleh discusses with French Ambassador efforts to stabilize, secure international navigation
Ambassador Bahumaid discusses with Vietnamese Foreign Ministry official latest developments in Yemen

About Saba News Agency | Usage Agreement | Contact Us