Re-assigning $32 million from Islamic Bank to counter coronavirus

Amb. Balfaqih Seeks Further Indonesian Development Cooperation

The Ambassador of the Republic of Yemen to Indonesia Salem Balfaqih met today, Monday, with the Director of the International Development Cooperation at the Indonesian Foreign Ministry Rena Sitiwati.

U.S. Extends Work Permits for Temporary Protected Status Holders

The U.S. administration has extended work permits for hundreds of thousands of migrants from Haiti and six other countries who are protected under the Temporary Protected Status (TPS) program, just hours before the permits were due to expire.

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.

France Advance to World Cup Quarterfinals, Set Up Morocco Clash

France secured a place in the quarterfinals of the 2026 FIFA World Cup after edging Paraguay 1-0 in their Round of 16 encounter.

Last Update: ، 2026/07/13 Time 11:10:24
Latest News:

Amb. Balfaqih Seeks Further Indonesian Development Cooperation

Yemen, IOM Discuss Aligning Interventions with Government Priorities

Yemen, Malaysia Discuss Strengthening Health Cooperation

Defense Minister Vows to Confront Violations of Yemen's Airspace

Cabinet Declares Permanent Session Over Houthi Escalation

Re-assigning $32 million from Islamic Bank to counter coronavirus

[07/05/2020 08:38]

RIYADH-SABA
The Yemeni Government and Islamic Bank Group agreed Thursday on re-allocating $32 million were allotted to previous projects in order to be devoted immediately through fast track to contain coronavirus pandemic.

This is done through negotiations conducted by the Minister of Planning and International Cooperation Dr. Najib al-Aweg with the President of the Islamic Bank Group Dr. Bander bin Hajjar via videoconference.

They also touched upon the Mobile Clinic Project to be funded by charitable person with total cost $51 million.

For his part the President of the Islamic Bank Group has agreed to provide a grant worth $3 million from the Fund of Islamic Solidarity and one more donation of $200 thousand.

He also agreed to allocate an additional contribution with $350 thousand from a charitable project run by the Islamic Bank.