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

Yemen Calls for Firm International Action Against Houthis

Foreign Minister Dr. Afrah al-Zouba has called for a firm international stance against the Houthi terrorist militias and concrete measures to implement relevant UN Security Council resolutions, particularly Resolution 2216.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

Brent Crude Futures Rise 12 Cents

Oil prices remained mostly unchanged in early Asian trading on Thursday following gains from the previous session and a sharp monthly increase.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/10/11 Time 06:56:28
Latest News:

Coalition Says Cruise Missile Intercepted Near King Khalid International Airport

Yemen Religious Scholars Condemn Houthi Attack on King Khalid International Airport in Riyadh

Rights Group: Houthi Siege of Taiz Worsens Suffering of 2.5 Million People

Council of Ministers Praises Armed Forces Heroic Fighting for Restoring State Institutions

Governor Issues Urgent National, Humanitarian Appeal to Lift Siege on Taiz

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.