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

Masam Destroys 4,100 Explosive Devices in Bab Al-Mandab

The Yemen Mine Action Project "Masam" announced the destruction of 4,100 explosive devices, including landmines, unexploded ordnance, and war remnants, in Bab Al-Mandab area of Taiz governorate.

Bulgaria's Kozloduy Nuclear Plant Partners with 4 Universities to Train Future Staff

Kozloduy Nuclear Power Plant (NPP) - New Builds EAD signed framework agreements with four Bulgarian universities to collaborate on staffing future projects, attended by Energy Minister Zhecho Stankov and Education Minister Krasimir Valchev.

More than 1,500 flights canceled in U.S. amid ongoing government shutdown

Airlines canceled more than 1,500 flights in the United States today, Monday, for the fourth consecutive day, amid continued government flight reductions and the absence of air traffic control staff.

Croatia Qualifies for 2026 World Cup with Thrilling Win Over Faroe Islands

Croatia secured a spot in the 2026 World Cup in the United States, Mexico, and Canada after defeating the Faroe Islands 3-1.

Last Update: ، 2025/11/20 Time 07:29:29
Latest News:

Minister Al-Zaouri Discusses Enhanced Cooperation with UNHCR on Protection Initiatives

Ambassador Bahumayd Discusses Enhanced Cooperation with Malaysian Foreign Ministry Official

Health Minister Launches Workshop on Women's Development Strategy in Healthcare Sector

President al-Alimi praises Germany's support for Yemen

Minister of Water discusses with Japanese Ambassador coordination of positions in the “CITES” Convention ..

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".