Planning Minister discusses with IFC's Vice President supporting Yemen's private sector

Signing Tripartite Agreement to Operate 70 Power Stations in Yemen with Saudi Support

A tripartite agreement was signed Wednesday between the Ministry of Electricity and Energy, the Yemeni Oil Company (PetroMasila), and the Saudi Program for the Development and Reconstruction of Yemen to finance petroleum derivatives and supply more than 70 power generation stations across various governorates.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Public debt in Germany rises 2.1 percent

The total public debt in Germany rose to 2,608.8 billion euros by the end of the third quarter of 2025, an increase of 54.8 billion euros, equivalent to 2.1 percent, compared to the second quarter of the same year.

Morocco and Senegal qualify for the semi-finals of the Africa Cup of Nations

The Moroccan national team qualified for the semi-finals of the Africa Cup of Nations after defeating Cameroon 2-0 in their match at Prince Moulay Abdellah Stadium in the Moroccan capital, Rabat.

Last Update: ، 2026/01/22 Time 01:15:44
Latest News:

Musawah Organization: Houthi militias forcibly disappearing 74 civilians from Dhamar in their prisons ..

PM Receives Acting Chinese Ambassador

Prime Minister Receives British Ambassador to Yemen

Amb. al-Maytami celebrates Arab-Chinese deeply rooted relations

President al-Alimi praises wise leadership of local authority in Mahra, Shabwa governorates

Planning Minister discusses with IFC's Vice President supporting Yemen's private sector

[25/10/2021 05:38]

WASHINGTON-SABA
Minister of Planning and International Cooperation Wa'id Batheeb discussed Monday with Vice Regional President of International Finance Corporation (IFC) Hela Cheikhrouhou supporting Yemen's private sector.

In the meeting, which is included within World Bank's annual meetings through videoconferencing, Batheeb touched upon providing more support through Private Sector Department, World Agricultural Program and Food Security to explore investment opportunities in agricultural and fishery sectors.

He pointed out to government's aspiration of speeding up release commercial facilitations and boosting the role of the Central Bank of Yemen to protect commercial facilitations to be reflected positively on financial situation and realizing economic and financial stability.

Batheeb confirmed that Yemen, through its strategic location, has many investment opportunities whether through its long coastal line or its mineral wealth.

For her part, Cheikhrouhou confirmed that IFC has plans to encourage investors through providing suitable environment to investment including provision of basic services to help companies grow up.