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

“MASAM” Removes 2,164 Mines Planted by Houthi Militias in One Week

The King Salman Humanitarian Aid and Relief Centre’s “MASAM” Project, which works to clear Yemeni territories of mines, removed 2,164 mines during the fourth week of June.

Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks

The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.

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.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/06/30 Time 01:14:27
Latest News:

Presidential Leadership Council Reviews Latest Developments, Stressing Accelerating Reforms

Shura Council Presidency Affirms Support for the Political Leadership, National Unity

PLC Chairman Confers Second-Class Unity Medal on Outgoing U.S. Ambassador

Minister of Water Discusses with Organisation for Economic Co-operation, Development Support for the ..

Minister of Communications Discusses with World Bank Delegation Support for Developing the Sector’s ..

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.