The Presidential Leadership Council discusses local developments
The Presidential Leadership Council held a meeting chaired by His Excellency President Dr. Rashad Al-Alimi, the Chairman of the Council, and attended by members Aidrous al-Zubaidi, Tariq Saleh, Othman Mujalli and Faraj al-Bahsani, while Council members Sultan al-Arada, Abdulrahman al-Muhramia and Dr. Abdullah al-Alimi were absent with an excuse.
UNRWA: Gaza faces risk of losing entire generation of children over Israeli aggression
The United Nations Relief and Works Agency for Palestine Refugees (UNRWA) said that "the Gaza Strip is on the verge of losing an entire generation of children due to the ongoing Israeli aggression on the Gaza Strip."
Kuwait announces discovery of giant oil quantities in al-Nokhatha oilfield
Kuwait Oil Company announced Sunday the discovery of huge commercial quantities of light oil and associated gas in the al-Nokhatha offshore field located east of Failaka Island within Kuwaiti economic waters.
Real Madrid announces extension of Luka Modric's contract until 2025
Spanish football club Real Madrid announced on Wednesday it had extended the contract of Croatian midfielder Luka Modric for one year, to remain with the team until 2025.
User Name: Password:
Planning Minister participates in Roundtable Meeting for Islamic Bani in Riyadh
[01/05/2024 02:22]

RIYADH - SABA
Minister of Planning and International Cooperation Dr. Waed Batheeb participated Wednesday in the Roundtable Meeting of Board of Trustees of the Islamic Development Bank in Saudi Arabia.

In Yemen's speech he delivered in the meeting, Batheeb pointed out to importance of the bank's support to development in member countries and funding their needs of projects within a strategic vision meeting improvements and development witnessed in regional and international arenas in field of development and economy.

Minister Batheeb talked about importance of establishing facilitating window to less-developed countries in the bank as resources size increases in this window to member countries, including Yemen, pointing out that this window is an urgent need and a priority to get more funding to address needs and fill the shortage gap of resources.

He reviewed challenges facing Yemen, including shrinking of economic growth, which decreased to 50 percent of gross domestic product over Houthi terrorist militia's coup against the state and destroying infrastructure of vital sectors and deterioration of public resources of taxes, customs and stop of producing and exporting oil and gas.

He pointed out to importance of increasing funding to sectors window to meet needs of member countries instead of defining limited sectors for many reasons, led by differences of developmental plans and differences of internal crises and challenges.

He highlighted importance of making use of multi-party banks like World Bank, Asian Development Bank and the African Bank in renewing resources of the bank, taking into consideration conditions of less-developed countries in the Islamic Bank.


The Presidential Leadership Council discusses local developments
US imposes new sanctions on two individuals and five entities affiliated to Houthi militia
Civilian killed by Houthi-laid landmine in western Yemeni governorate Hodeidah
Aden Governor, UNHCR sign sanitation infrastructure project
Planning minister appreciates ESCWA support to Yemen
Yemen ambassador says Houthis exploited Gaza war for political one-upmanship and to evade peace
Minister of Planning, OCHA discuss humanitarian situation issues
Health, oil ministers visit Aden Refinery Hospital
Mujalli praises French role in Yemen
Humanitarian coordination forum between government and partners convenes in Yemen

About Saba News Agency | Usage Agreement | Contact Us