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

President al-Alimi: Yemen's Defensing of Bab al-Mandeb Defensing of Security of Global Shipping Lanes, Life-Saving Supplies

His Excellency President Dr. Rashad l-Alimi, Chairman of the Presidential Leadership Council (PLC) received today, Thursday, the Head of the European Union (EU) Delegation, Patrick Simonnet and the Ambassador of the Kingdom of the Netherlands Jennette Seppen.

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.

German Exports Rise 3.9 Percent

The total of German exports increased by 3.9 percent during the first half of 2026 compared to the same period last year, reaching 817.8 billion euros.

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: ، 2026/09/10 Time 07:18:42
Latest News:

President al-Alimi: Yemen's Defensing of Bab al-Mandeb Defensing of Security of Global Shipping Lanes, ..

Yemen Ambassador Discusses Media Cooperation with Cuban News Agency

Yemen Rights Network Documents Over 36,000 Houthi Violations Against Children

Yemen Condemns Israeli Prime Minister’s Unauthorized Entry into Syrian Territory

UK Reaffirms Support for Yemen and Saudi Arabia’s Right to Defend Their Security and Sovereignty

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.