easures for reducing maritime insurances discussed

Minister of Finance, Governor of the Central Bank Discuss Comprehensive Reform Implementation with Arab Monetary Fund

Minister of Finance Marwan Faraj Bin Ghanem and Governor of the Central Bank of Yemen Ahmed al-Maabqi discussed Thursday with Dr. Fahad Al-Turki, Director General and Chairman of the Board of the Arab Monetary Fund implementation of the comprehensive reform program in the economic, financial and monetary sectors.

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.

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: ، 2026/04/17 Time 03:19:47
Latest News:

Tariq Saleh meets with German Ambassador

President al-Alimi Affirms Importance of Integration Between National Components

Minister of Social Affairs Discusses Strengthening Protection Programs with UNICEF

Yemen participates in meeting of central bank governors, finance ministers of Middle East and North ..

Gov't delegation discusses with WB's country leadership projects for fiscal year 2026

easures for reducing maritime insurances discussed

[29/08/2022 06:00]

ADEN - SABA
Minister of Transportation Abdulsalam Humaid discussed Monday with Deputy Resident Representative of UNDP in Yemen Nahed Hussein and Director of the Program in Aden Kinodi Naghdooth implemented procedures for establishing a fund for ensuring reduction of maritime insurance installments on ships coming to Yemeni ports over the war.

The meeting discussed also efforts exerted by the program in cooperation with alliance of insurances companies, which previously agreed on these preparations from humanitarian perspective which requires making commercial deal to reduce insurance installments and regaining them into their order before the war erupted in 2015.

The meeting also discussed means of using Japanese donation for supporting Aden Port, which is estimated at USD 3.5 million, in addition to reviewing other transport projects will be provided by UNDP.

Minister Humaid praised the program for its assistances provided to marine transportation sector, which included installing controlling station system for controlling ships in Aden and two winches to Mukalla Port.

He demanded representatives of the program to activate the allocated support of promoting capabilities of Aden and Mukalla ports, which is estimated at USD 50 million, in the light of evaluating port needs by experts from Dutch Ports.