WB to assign $ 371mln for three projects in Yemen

President al-Alimi Hails Creating Multinational Naval Alliance, Highlights Saudi Support for Yemeni State Institutions, Regional Security, Stability

His Excellency Dr. Rashad Mohammed Al-Alimi, Chairman of the Presidential Leadership Council (PLC) underlined the announcement of the establishment of the Multinational Naval Defense Alliance led by Saudi Arabia, describing this move as a strategic initiative and a very important step to boost collective security, protect international navigation and secure vital sea routes in the Red Sea, the Gulf of Aden, and the Bab al-Mandab Strait.

Three Palestinians Killed, 10 Injured in Israeli Airstrikes on Gaza

Three Palestinians were killed and more than 10 others injured on Saturday in a series of Israeli airstrikes targeting several areas across the Gaza Strip.

Korea's Travel Account Posts Surplus for 3rd Month in Row

South Korea reported a surplus in its tourism account for the third month in a row in May, driven by a rise in the number of foreign tourists, reaching $220.5 million in May compared to a deficit of $820.2 million in the same month last year.

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.

Last Update: ، 2026/08/01 Time 06:54:45
Latest News:

Minister of Oil, German Ambassador Explore Investment Opportunities in Oil, Gas

President al-Alim Receives Credentials of Several New Ambassadors

Foreign Minister Discusses Strengthen Bilateral Relations with Kuwaiti Ambassador

Speaker of Shura Council Confers with EU Ambassador over Developments in Yemen

Health Ministry, UNFPA Review Reproductive Health Support

WB to assign $ 371mln for three projects in Yemen

[20/10/2020 01:58]

RIYADH-SABA
A team of the World Bank (WB) announced that the portfolio projects allotted to Yemen which will be approved in March 2021 designed to cover the integrated projects of education, social protection and urbanization services with total cost $371 million.

The announcement came during virtual meeting on Tuesday brought together Minister of Planning and International Cooperation Dr. Najeeb al-Aweg, Minister of Education Dr. Abdullah Lamlas and the Regional Director of the WB group for Yemen, Egypt and Djibouti Marina Wes, Country Director of the WB in Yemen Tania Mayer and the technical team of the WB office in Yemen.

The projects are set to be the following: "Social Protection Project with total amount $ 200 million", the "Integrated Urbanization Project at $50 million and the Education Projects with total amount up to $121 million distributed to incentives for teachers ($44 million), School Feeding $33 million), procurements for textbooks at ( $16 million) and schools restoration at ( $14 million).