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

Arab League Condemns Houthi Attacks on Armed Forces Positions

The League of Arab States has condemned the terrorist attacks carried out by the Houthi terrorist militia against armed forces positions in the governorates of Marib and Hadhramaut, as well as its targeting of the Najran region in the Kingdom of Saudi Arabia, which resulted in casualties.

Gaza Death Toll Rises to 73,375, Health Authorities Say

The death toll from the ongoing Israeli military offensive in the Gaza Strip has risen to 73,375, with 174,220 people wounded since October 7, 2023, according to health authorities in the enclave.

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: ، 2026/08/07 Time 05:33:16
Latest News:

Marib Deputy Governor Lays Foundation Stone for Three Korean Funded Water Projects

CYB Signs MoU with UNDP

Minister of Social Affairs Discusses with WFP Joint Coordination

Yemen's Ambassador Discusses Cooperation with AGSIW

Al-Arada Confers with British Ambassador over Efforts to Protect Maritime Navigation

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.