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

Khunbashi Reviews Efforts to Aid Displaced Families in Hadramout

Presidential Leadership Council Member and Hadramout Governor Salem al-Khunbashi reviewed local authorities’ efforts to assist families displaced by the war waged by the Houthi militias and strengthen humanitarian response amid the declaration of general mobilization.

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.

Gold Rises Over 1 Percent

Gold prices rose more than one percent today, Thursday, as investors digested the U.S. interest rate hike and hints of further monetary tightening, while the rally in oil prices came to a halt.

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: ، 2026/09/29 Time 03:33:20
Latest News:

Humanitarian Agencies Coordinate Response to Displacement

Foreign Minister Discusses Bilateral Cooperation, Red Sea Maritime Security With Chinese Chargé d’Affaires

Minister of Planning Participates in Fourth Yemen-EU Partnership Days in Amman

President al-Alimi Praises Efficiency of Armed Forces, Urges Executing Safe Return, General Mobilization ..

State Minister Discusses Humanitarian Response, Emergency Displacement in Aden with OCHA

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.