Saudi Arabia announces $1 billion deposit in the account of the Yemeni Central Bank account

Baggash Seeks Vietnamese Academic Cooperation

The Undersecretary of the Ministry of Foreign Affairs and Expatriates for Politcal Affairs Dr. Mansour Baggash held discussions today, Friday, with the Vietnamese Deputy Minister of Education and Training Nguyen Van Phuc over bilateral cooperation in the field of the academic, education and training.

Gaza Death Toll Rises to 55,297 Amid Ongoing Israeli Aggression

The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.

Italian GDP rises 0.3 percent

The Bank of Italy (the central bank) announced that the country's GDP grew by 0.3 percent in the first quarter of 2025 compared to the previous quarter, driven by an increase in consumption and investment, in addition to limited American demand.

Saudi Al-Hilal FC Eliminated from FIFA Club World Cup After 2-1 Defeat to Fluminense

Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.

Last Update: ، 2025/07/18 Time 11:33:41
Latest News:

Leadership Council Member AL-Zubaidi Urges Government to Accelerate Performance

Yemen's Ambassadors to Czech Republic, Indonesia swear-in before President al-Alimi

Yemen and Vietnam Sign Memorandum of Understanding to Enhance Bilateral Cooperation

Judge Sahl Hamza swears-in before President al-Alimi

Cabinet Discusses Economic and Financial Developments, and Efforts to Foil Houthi Plots

Saudi Arabia announces $1 billion deposit in the account of the Yemeni Central Bank account

[21/02/2023 06:36]

RIYADH - SABA
The Kingdom of Saudi Arabia announced, today evening, Tuesday, that it has put an amount of one billion USD in the account of the Central Bank of Yemen (CBY) as a deposit.

The Saudi Press Agency (SPA) carried out a statement reads " As per the directives of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness the Crown Prince, the Kingdom of Saudi Arabia signed a deposit agreement with the Central Bank of Yemen with an amount of $1 billion, which was fully deposited in the Bank’s account".

The statement noted" This deposit will contribute to strengthening capabilities in the field of implementing the economic reform program for the Republic of Yemen with the Arab Monetary Fund as a technical body.

The program aims to develop a clear roadmap and a vision that takes care of the Yemeni people first and addresses their needs, in addition to strengthening efforts to build reserves at the Central Bank of Yemen to enable it to enhance economic stability".