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.
User Name: Password:
President al-Alimi directs government provide facilitations to private sector
[25/04/2022 07:59]
ADEN-SABA
President of the Presidential Leadership Council Rashad al-Alimi has directed the government to provide all facilitations to the private sector as partner in development process.

In his meeting with the President of the Chamber of Industry and Commerce Abu Bakr Ba Ubaid and members of the chamber on Monday, President al-Alimi confirmed that the state will provide its full support to the private sector to enable it perform its role and tasks in contribution of realizing economic stability and food security and providing people's needs of basic goods in reasonable prices.

President also directed the government to provide necessary funds to the private sector within the government's plan and regulations to make the local currency stable and keep the prices down to alleviate suffering of Yemeni people.

He confirmed keenness of the Presidential Council on protecting the national capital and protecting it against migration, especially importers of basic goods.

He urged the commercial sector to consider the difficult living conditions of the people over Houthi militia's triggered war, calling merchants to avoid monopoly and reduce burdens on consumer.

He stressed that the government financial support to merchants must be reflected on keeping prices of the national currency stable to keep good prices down, calling the government to control markets.


Musawah Organization: Houthi militias forcibly disappearing 74 civilians from Dhamar in their prisons for 86 days
PM Receives Acting Chinese Ambassador
Prime Minister Receives British Ambassador to Yemen
President al-Alimi praises wise leadership of local authority in Mahra, Shabwa governorates
Saudi Cabinet Follows Up on Efforts to End Yemen Crisis and Discusses Future of the Southern Issue
Prime Minister Discusses Bilateral Relations and Yemen's Developments with French Ambassador
Deputy Minister of Industry and Trade Discusses Export Development with International Partners
Amb. Adel Bahumayd meets with Vietnamese Deputy Foreign Minister
Aden Governor Discusses Cooperation with UN Programs
Presidential Council Member Reviews Progress of Mukalla Museum Restoration Project

About Saba News Agency | Usage Agreement | Contact Us