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

Taiz Armed Forces Repel Houthi Mobilization on Northern Front

The armed forces under the Taiz Axis repelled Houthi militia gatherings and military mobilization on the northern front of the city today, as the Iranian-backed militia shelled several villages in Maqbanah District west of the governorate and targeted civilian areas in Mokha.

UN Warns of Consequences of Rising Violence, Settlement Activity in West Bank

UN Deputy Special Coordinator for the Middle East Peace Process Ramiz Alakbarov warned Wednesday of the consequences of escalating violence and settlement activity in the occupied West Bank.

Tunisian Economy Grows 2.3 In 2Q

The Tunisian economy recorded a growth of 2.3 percent in the second quarter of this year, 2026, driven by improved performance in the agricultural sector and the services sector related to hotels, cafes and restaurants.

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: ، 2026/08/17 Time 01:45:34
Latest News:

Taiz Armed Forces Repel Houthi Mobilization on Northern Front

Health Minister Stresses Need to Enhance Preparedness for All Emergencies

Foreign Minister, Her Saudi Counterpart Discuss Partnership, Joint Cooperation to Manage Common Threats

'MASAM' Removes 7,444 Landmines, UXO, IED Over 14 Days

UK Warns of Dangerous Houthi Escalation, Reaffirms Commitment to Yemen’s Sovereignty

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.