EU, UN sign agreement to improve Yemen's economy

Government team discussed with World Bank delegation ways to strengthen partnership expand development projects

A meeting held Monday chaired by Minister of Planning and International Cooperation and Yemen’s Governor to the World Bank Dr. Afrah al-Zouba and attended by a high-level World Bank delegation led by the Bank’s Vice President for the Middle East, North Africa, Afghanistan and Pakistan Ousmane Dione discussed ways to enhance partnership and expand support across development, humanitarian, service, and economic sectors in the country.

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 rises as markets assess supply risks

Oil prices rose today, Tuesday, due to supply concerns, with Brent crude futures climbing $2.89, or 2.9 percent, to $102.83 per barrel.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/03/30 Time 10:00:45
Latest News:

Yemen Embassy Chargé d’Affaires discusses strengthening bilateral relations with South African official

Al-Subaihi stresses the need to double the provision of services to citizens in Abyan, tightening security

Al-Alimi praises Yemeni crowds expressing support for Saudi Arabia, Gulf states against Iranian aggression ..

Deputy Chief of Staff discusses with international expert child recruitment

Presidential Leadership Council member al-Subaihi receives Vice President of WB in Aden

EU, UN sign agreement to improve Yemen's economy

[31/08/2020 06:41]

BRUSSELS - SABA
The European Union and the United Nations Development Program signed Monday partnership treaty for improving economic and social situations in Yemen.

According to the UNDP's office, the agreement worth USD 82,4 will be the greatest of its type and work on boosting local authorities' capacities and efforts of humanitarian and developmental work and including the Yemeni private sector in combating poverty.

"The three-year partnership named ' boosting institutional and economic flexibility in Yemen' aimed at re-building society's confidence in the Yemeni state," said the office in a press release.

For his part, the Ambassador of the European Union to Yemen Hans Grundberg said in a press release that in the sixth year of the conflict in Yemen, the European Union continues support to Yemeni people not only in facing more urgent challenges but also building their future.

" This new initiative will especially focus on vital sectors to more vulnerable population like Health, water, food and education," he added.

For his part, the UNDP's Resident Representative in Yemen Auke Lootsma expressed in a similar release his pleasure in this partnership, which will contribute in continuation of improving situations of Yemeni people for protecting local rule's apparatus and boosting them.

He added that this initiative will start on September across Yemen and will help in rebuilding peace and stability and meeting instant people's needs.