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

Al-Alimi in Final Message: Houthis Have Chance to Lay Down Arms and Join Political Process

President Rashad al-Alimi, Chairman of the Presidential Leadership Council and Supreme Commander of the Armed Forces, said Wednesday that the Yemeni state is stronger and better prepared than ever to protect its people, institutions and national interests.

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.

Gold Edges Higher Ahead of U.S. Jobs Data

Gold prices edged higher on Tuesday as investors awaited a series of U.S. labor market reports for fresh signals on the future path of U.S. interest rates.

England Claim FIFA World Cup 2026 Bronze with Victory over France

England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.

Last Update: ، 2026/08/12 Time 10:19:12
Latest News:

Health Minister, UNOPS Discuss Support for Health Sector

Prime Minister Confers with British Ambassador over Joint Cooperation

Prime Minister Praises American Support for Yemeni Government Institutions

Minister of Health Launches World Breastfeeding Week Activities

Minister al-Sharjabi Discusses with FAO Ways to Enhance Cooperation in Water and Environmental Sectors

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.