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

President al-Alimi Performs Eid al-Adha Prayer in Aden with Crowds of Worshippers

Chairman of the Presidential Leadership Council, performed the Eid al-Adha prayer alongside senior state leaders and crowds of worshippers in the temporary capital, Aden.

Gaza Death Toll Rises to 54,381 Amid Ongoing Israeli Aggression

GAZA-SABA The death toll from the Israeli aggression on the Gaza Strip since October 2023 has risen to 54,381, with 124,054 injured, according to medical sources.

U.S. President plans to increase tariffs on steel, aluminum imports

U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.

Napoli Wins Serie A Title for Fourth Time

Napoli won the Serie A title for the fourth time in its history, after defeating Cagliari 2-0 in the 38th and final round of the competition.

Last Update: ، 2025/06/07 Time 08:49:13
Latest News:

Security Council reaffirms support to Yemen's unity, sovereignty

Yemen demands U.S. Administration reconsider decision to restrict entry of Yemenis

President al-Alimi Checks on the Conditions of Yemeni Pilgrims

U.S. Embassy: UN inspection of ships in Yemen does not mean they are safe from U.S. sanctions

Prime Minister Calls on Yemen's Partners to Support Government Plan, Priorities

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.