Governor of CBY highlights need for international partners' assistance to support Yemeni economy
The Governor of the Central Bank of Yemen (CBY) Ahmed Ghaleb underlined the pressing need for substantial international support to bail out the Yemeni national economy which has been facing multiple challenges.
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.
User Name: Password:
PM affirms keenness to find broad partnerships to resolve power suuply issue
[14/07/2021 06:19]

RIYADH – SABA
Prime Minister Dr. Maeen Abdulmalik affirmed the government's keenness to find broad partnerships to solve the problem of power supply and raise generating capacities by adopting feasible and less expensive options, including renewable energy.

During a virtual meeting held today with the CEO of Siemens Global Energy, the Prime Minister indicated Yemen's need for support in formulating a vision in the short and medium term to overcome the drain that electricity represents for public finances, rehabilitate the sector's infrastructure, and take advantage of the most efficient alternatives to provide a satisfactory service for the public, expressing his aspiration to benefit from the expertise of Siemens in this field and to build partnership relations with it.

The meeting discussed possible areas of partnership between the government and Siemens to plan the electricity sector in Yemen and increase its generating capacities by relying on less costly means, and the financing opportunities available for that. They discussed the reality of the electricity sector in Yemen, the plans to advance it, the most important obstacles facing this vital sector, and radical solutions to overcome them.

The prime minister reviewed the existing challenges in the field of electricity and energy, starting with planning for the sector in a comprehensive way, and setting up generation, distribution networks and connectivity.

He pointed out that there are existing opportunities to produce electricity using less costly and more sustainable means, whether with gas or renewable energy. He said, "We will work with our partners from regional and international funds and donor countries to provide the necessary funding." In turn, the CEO of Siemens Global Energy affirmed the company's readiness to work with the government in formulating visions and solutions to the challenges it faces in the sector, and harnessing its expertise in this regard.


Governor of CBY highlights need for international partners' assistance to support Yemeni economy
Minister of State Discusses with U.S. Ambassador Ways to Enhance Cooperation in Women’s Empowerment
Minister of Planning Discusses with UNOPS Office Enhancing Development Interventions
Minister of Civil Service meets with U.S. Ambassador
Planning Minister meets with German Ambassador
Minister of Public Works Discusses with UNOPS Ways to Enhance Support for Road Projects
Transport Minister Discusses with U.S. based Valar Company Mechanisms to Develop Aviation Security, Qualify National Cader
Al-Subaihi Stresses Importance of Enhancing Performance of Ministry of Youth and Sports
Governor of Taiz calls for furthering EU interventions to put governorate economic plan in place
Minister of Culture discusses with German Ambassador cultural cooperation

About Saba News Agency | Usage Agreement | Contact Us