Hajjar: IsDB Group will offer Yemen $100 mln developmental aid

Minister of Interior Discusses Security Cooperation with Chinese Embassy Chargé d'Affaires

Minister of Interior Major General Ibrahim Haidan discussed Sunday with the Chargé d'Affaires of the Embassy of the People's Republic of China to Yemen Shao Qing ways to strengthen security cooperation between the two countries.

Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks

The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.

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: ، 2026/07/05 Time 05:37:18
Latest News:

Masam Removes 1,207 Landmines and War Remnants Last Week

Health Minister Orders Tougher Oversight of Public and Private Health Facilities

Leadership Council Member al-Muharrami Reviews Security Developments with Interior Minister

Minister of State for Women's Affairs Stresses Unified Efforts to Advance Women's Empowerment

National Alliance of Political Parties: Houthi Militia Statement Represents Dangerous Escalation Targeting ..

Hajjar: IsDB Group will offer Yemen $100 mln developmental aid

[03/06/2020 03:08]

JEDDAH-SABA
The President of the Islamic Development Bank (IsDB) Group Dr. Bandar Hajjar stated that the IsDB is going to keep on supporting the Republic of Yemen to help the Yemeni government to manage the economic hardships, humanitarian difficulties and control pandemics.

In a press statement Hajjar said "The IsBD Group would provide Yemen with a developmental assistance worth $ 100 million within the next four years (2020-2023), out of which $36.6 million to support the government's efforts to counter coronavirus (covid-19).

Hajjar mentioned that the IsDB Group has contributed with $1 billion to finance Yemen since the group established.
He added that the IsDB Group's active portfolio in Yemen presently consist of 17 transactions with total cost make up $214 million.