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

Yemen’s Ambassador Discusses Developments in Yemen, Iranian Violations with Lebanese Information Minister

Yemen’s Ambassador to Lebanon Abdullah Aal-Duais discussed Thursday with Lebanese Information Minister Paul Morcos latest developments in Yemen and ways to strengthen bilateral cooperation, particularly in the media sector.

U.S. Extends Work Permits for Temporary Protected Status Holders

The U.S. administration has extended work permits for hundreds of thousands of migrants from Haiti and six other countries who are protected under the Temporary Protected Status (TPS) program, just hours before the permits were due to expire.

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.

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: ، 2026/07/24 Time 10:22:20
Latest News:

Republican Decree About Limited Cabinet Reshuffle in Dr. Shaya Zindani's Government

France Condemns Houthi Militias Attacks in Red Sea, Confirms its Commitment to Protecting Navigation ..

European Union: Houthi Militias Attack on Saudi Oil Tanker Unacceptable, Illegal

Qatar Strongly Condemns Houthi Militias Targeting Saudi Ship, Describing It Threat to Global Energy ..

African Union Condemns Houthi Attacks on Red Sea Shipping, Warns of Serious Risks to Africa

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.