$312 million in Saudi oil grant payments to Yemen

Tariq Saleh: Hadhramaut the best example for coexistence, commitment to state institutions

The Member of the Presidential Leadership Council (PLC) Tariq Saleh met today, with a number of sheikhs, dignitaries and social figures from Hadhramaut governorate.

German Chancellor Says Europe Must Stand Strong

German Chancellor Friedrich Merz has called on Europeans to strive for greater autonomy, emphasizing the need for Europe to defend itself using its own capabilities, given the shift in transatlantic relations.

China's foreign exchange reserves rise to $3.3991 trillion

China's total foreign exchange reserves made $3.3991 trillion at the end of last January, marking an increase of $41.2 billion, or 1.23 percent, compared to the end of December last year.

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: ، 2026/02/16 Time 11:38:08
Latest News:

President al-Alim confers with German Foreign Minister over bilateral relations, mobilizing international ..

Yemen's Human Rights Minister Discusses Cooperation with German Ambassador

Minister al-Soqatri discusses with Saudi Program cooperation in agricultural, fisheries sectors

"MASAM" removes 4 thousand 0f Houthis-laid landmines, UXO in two weeks

Yemen's Planning Minister Discusses Development Cooperation with French Ambassador

$312 million in Saudi oil grant payments to Yemen

[05/02/2022 06:21]

Aden - Saba
The total value of the quantities received from the Saudi oil grant to operate power stations in the liberated governorates amounted to about $312 million, the percentage paid by the donor is 72%, and the government is 28%.

Today, the seventh batch of the Saudi oil grant, amounting to 60,000 metric tons of diesel, was received at the oil port in the temporary capital Aden to complete the seventh installment.

The Deputy Minister of Electricity, Abdul Hakim Fadel, said: "The Saudi oil grant achieved positive results for many vital sectors, and also contributed to the improvement of the national economy by providing funds and harnessing them for development areas."

For his part, the Undersecretary of Aden Governorate, Muhammad Shazly, reiterated the importance of the great role of the grant in improving basic services, foremost of which is the electricity service, which is the backbone of life.

He stressed the importance of concerted efforts of all to continue the process of reforms and improvement in various service areas and to improve the general conditions of citizens.