PM appreciates Saudi $2 billion bailout

PLC Member al-Muharrami Receives UN Envoy, Discusses Developments and Peace Efforts in Yemen

Presidential Leadership Council (PLC) Member Abdulrahman al-Muharrami met on Tuesday with the UN Secretary-General’s Special Envoy for Yemen, Hans Grundberg, to discuss the latest military, political, and humanitarian developments in Yemen, as well as prospects for advancing the political process and peace efforts.

Magnitude 5 Earthquake Strikes Fiji Islands in the South Pacific

A magnitude 5.0 earthquake struck south of the Fiji Islands in the South Pacific Ocean on Sunday, according to the United States Geological Survey (USGS). The earthquake occurred at a depth of approximately 486.2 kilometers beneath the Earth's surface.

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.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/06/09 Time 02:18:58
Latest News:

Health Ministry Undersecretary, UNICEF Discuss Strengthening Health Partnership

Vice Foreign Minister Participates in Oslo Forum on Mediation

Safer Company CEO Discusses Energy Sector Challenges, Opportunities for Joint Cooperation with German ..

Al-Muharrami Stresses Development Partnership with Japan

Minister of Human Rights Discusses Strengthening Bilateral Cooperation with Italian Ambassador

PM appreciates Saudi $2 billion bailout

[18/01/2018 02:17]

ADEN-SABA
Prime Minister Ahmed bin-Daghr expressed his appreciation of Saudi $ 2 billion bailout in a meeting with Saudi Arabia's Ambassador to Yemen Mohammed Al Jaber in Aden on Thursday.

King Salman bin Abdulaziz Al Saud issued a directive for the amount to be deposited into the Central Bank of Yemen to stabilize the Yemeni Riyal which declined to unprecedented lows this week.

Bin-Daghr thanked king Salman and his Crown Prince Mohammed bin Salman for the generous support saying the devaluation of the Yemeni Riyal "is in continuous decline from the moment of issuing the directive."

"Saudi Arabia bore the greater burden (for Yemen) and the Yemeni people will not forget the Kingdom's sacrifices," he told A Jaber.

He called on the Kingdom and the UAE to assist by sending financial experts to help Yemenis lay down plans for and oversee these funds."

On the other hand, the Minister of Interior and governors and security directors of Aden, Abyan, Lahj, Dhale'a, Taiz and Hodeidah held a separate meeting with Al Jaber and thanked the Kingdom for rescuing the country's currency with the deposit.