Arab League Condemns Houthi Attacks on Armed Forces Positions
The League of Arab States has condemned the terrorist attacks carried out by the Houthi terrorist militia against armed forces positions in the governorates of Marib and Hadhramaut, as well as its targeting of the Najran region in the Kingdom of Saudi Arabia, which resulted in casualties.
Gaza Death Toll Rises to 73,375, Health Authorities Say
The death toll from the ongoing Israeli military offensive in the Gaza Strip has risen to 73,375, with 174,220 people wounded since October 7, 2023, according to health authorities in the enclave.
Gold Edges Higher Ahead of U.S. Jobs Data
Gold prices edged higher on Tuesday as investors awaited a series of U.S. labor market reports for fresh signals on the future path of U.S. interest rates.
England Claim FIFA World Cup 2026 Bronze with Victory over France
England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.
User Name: Password:
President: Saudi Arabia will support Yemen's bank with USD 2 billion
[11/11/2017 02:25]

RIYADH-SABA
President Abdo-Rabbu Mansour Hadi presided over a meeting on Saturday for his advisors and Prime Minister bin-Daghr and Deputy Prime Minister Jubari and discussed with them his fruitful meeting with Saudi Crown Prince Mohammad bin Salman.

President Hadi mirrored Keenness of Saudi Arabia and of its crown prince on continuous support to Yemen in fields of economy, development, reconstruction, realizing peace and stability and other fields.

He confirmed that solutions for a number of issues led by supporting the Central Bank of Yemen with USD two billions as financial deposit for boosting local currency and securing power fuel for a complete year. This will help achieving economic stability in cities and provinces.

He pointed out the Crown Prince's confirmation that the kingdom has allocated funds for reconstruction and maintaining infrastructure of education, health, roads, power, water and others to start from January 2018.

President Hadi issued directives to the government to make plans and programs to include practical implementation for development plans supported by Saudi Arabia.

The meeting dealt with latest service, living, security and military developments.

President Hadi praised sacrifices and heroic acts made by affiliates of the National Army and popular resistance in different warfronts, stressing on double efforts by the state's institutions to restore the state and putting an end to Houthi-Saleh's coup.

"Our aims are clear and our track is defined by the national consensus and peace references based on the GCC Initiative, the outcomes of the National Dialogue Conference and relevant UN resolutions led by Resolution 2216," said President.

President Hadi, his advisors and prime minister and his deputies thanked the Custodian of the tow Holy Mosques King Salman Bin Abdul-Aziz and his Crown Prince Mohammad bin Salman for their generous support to Yemen in all domains.

The meeting strongly condemned the campaign targeting government's efforts in Aden and liberated areas, calling for support from all parties to the government for achieving its objectives.

They all confirmed that a new phase of development, stability and getting rid of rebellion and restoring the state is waiting the new federal of Yemen.




Two Decrees Appoint Advisors to the Chairman of the Presidential Leadership Council, Supreme Commander of Armed Forces Issued
President al-Alimi: Yemen Has Entered New Stage of Taking the Lead and State-Building
Republican Decree Retains Dr. Ahd Ja'sous as Minister of State for Women's Affairs
President al-Alim Receives Credentials of Several New Ambassadors
Governor of Saada Swears-in Before President al-Alimi
President Swears In Yemen's New Ambassador to Saudi Arabia
Minister of Foreign Affairs and Expatriates Swears-in Before President al-Alimi
Republican Decree About Limited Cabinet Reshuffle in Dr. Shaya Zindani's Government
President al-Alimi: Houthi Militias-Controlled Regions Turned into Worst Place to Live on Earth
President al-Alimi: Red Sea Security Shared Yemeni and International Responsibility

About Saba News Agency | Usage Agreement | Contact Us