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

Minister al-Soqatri: Transitioning Toward Sustainable Development, Strategic Choice for Developing Fisheries Sector

The Minister of Agriculture, Irrigation, and Fisheries Salem al-Soqatri has emphasized the importance of transitioning toward sustainable development in the fisheries sector, considering it a key pillar for enhancing food security and supporting the national economy.

Arab League Calls for Confronting Rising Anti-Muslim Hate

The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.

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.

Inter Milan a win away from Serie A title

Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.

Last Update: ، 2026/05/07 Time 05:05:28
Latest News:

Social Affairs Minister Discusses Disability Support Programs with Handicap International

Taiz Governor, UNICEF Launch Water Rehabilitation Project

Social Affairs Minister, Dutch Ambassador Discuss Boosting Humanitarian and Development Cooperation

Minister of Electricity Meets with Dutch Ambassador

Vice Minister of Culture Searches for Swiss Assistance to Protect Antiquities

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.