Badheib: The World Bank agrees to provide an additional grant of $100 million

President al-Alimi Praises Role of Dhalea People in Deterring Imamate Agenda, Defending Republican System

His Excellency President Dr. Rashad Mohammed al-Alimi, the Chairman of the Presidential Leadership Council, met Saturday with a number of local authority leaders and military, security, political, and social figures from Dhalea Governorate, in the presence of the Prime Minister, Dr. Shaya Zindani.

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.

S. Korea's exports rise 33.9 percent in January

South Korea's exports jumped 33.9 percent year-on-year to reach $65.85 billion in January, driven by strong demand for semiconductors.

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: ، 2026/02/08 Time 07:27:25
Latest News:

Republican Decree on Government Formation, Naming its Members Issued

Saudi Prigram Launches Education Stability Enhancement Initiative in Socotra

Al-Eryani Calls on United Nations to Protect Staff After Contract Terminations in Sana'a

Child injured by Houthi sniper's bullets southeast of Taiz

Speaker of Shura Council, French Ambassador discuss peace efforts in Yemen

Badheib: The World Bank agrees to provide an additional grant of $100 million

[02/07/2022 12:07]

Aden – Saba
The Minister of Planning and International Cooperation, Dr. Waed Badheib confirmed that the Board of Directors of the World Bank agreed to provide an additional grant of 100 million US dollars earmarked to support the second phase of the emergency project to provide electricity in Yemen, following the visit of a high-level delegation of the World Bank to the temporary capital Aden.

The Minister of Planning said in a statement to the Yemeni News Agency (Saba) "that the project aims to increase access to electricity in rural areas and the outskirts of cities in Yemen, as well as planning to restore the capacity of the electricity sector in the country." Minister Badheib added, "This additional grant is provided by the International Development Association, which is the arm of the World Bank to help the poorest countries around the world," noting that the project will be implemented by the United Nations Office for Project Services, in partnership with local stakeholders.

The Minister of Planning and International Cooperation indicated that the grant will contribute to providing many public service facilities with new or improved electricity services, which will help improve citizens' access to vital services, and the project will enable small and innovative businesses to obtain solar energy systems.