Saudi Arabia, Yemen sign handover of $2 billion deposit to Central Bank of Yemen

Agriculture Minister discuses with FAO, UNDP joint cooperation

Minister of Agriculture, Irrigation and FisherySalem al-Soqatri held discussions today, Sunday, in the temporary capital Aden with the Resident Representative of the UN Organization for Food and Agriculture (FAO) Dr. Hussein Jadin over joint collaboration and the projects are being carried out by the FAO, particularly projects relating to livestock health in Socotra archipelagos.

BTA chief: News should not be treated as commodity but as human right

Bulgarian News Agency (BTA) Director General Kiril Valchev said news should not be treated as a commodity but as a human right, the news agency published.

Chinese car sales surges 26.4 percent in the first quarter of 2024

Sales of passenger cars of Chinese brands increased by 26.4 percent year-on-year in the first quarter of 2024 as some 3.39 million vehicles were sold during the mentioned period.

Spain reaches the final of the European Nations League and sets a date with Croatia

The Spanish national team reached the final match of the European Nations League, after defeating Italy with two goals to one in the semi-finals of the tournament, to set a date in the final match with the Croatian national team, which succeeded in reaching the same role by defeating the Netherlands.

Last Update: ، 2024/04/28 Time 04:43:59
Latest News:

Deputy planning minister, Caritas Poland discuss interventions in Yemen's health sector

Planning minister, Vice President of Islamic Development Bank discuss promoting cooperation

Yemeni rights org condemns persistent Houthi attack on Taiz civilians

Yemen Minister of Water and Environment, FAO representative discuss cooperation

President al-Alimi receives High Representative of EU for Foreign Affairs, Security Policy

Saudi Arabia, Yemen sign handover of $2 billion deposit to Central Bank of Yemen

[16/03/2018 01:25]

RIYADH-SABA
Saudi Arabia have signed an agreement whereby the former handed over a promised $2 billion deposit to the Central Bank of Yemen (CBY) to shore up the Yemeni currency.

The agreement was signed by Saudi Finance Minister Mohammed al-Jadaan and CBY governor Mohammed Mansour Zemmam in Riyadh on Thursday.

The deposit, upon the directives of King Salman bin Abdulaziz Al Saud, comes as part of the Saudi continuous support to Yemen. In 2012 Saudi Arabia had deposited $1 billion to CBY in a bid to stabilize the Yemeni Riyal.