Eryani: Saudi deposit is an extension of the Kingdom's constructive role toward Yemen

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

The Executive Director of Safer Exploration and Production Operations Company Eng. Salem Kaaiti discussed Monday with the German Ambassador to Yemen Thomas Schneider a number of issues related to the energy sector and the challenges facing the company amid the exceptional circumstances the country is experiencing.

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 12:30:22
Latest News:

Al-Muharrami Stresses Development Partnership with Japan

Minister of Human Rights Discusses Strengthening Bilateral Cooperation with Italian Ambassador

Aden Governor, Russian Ambassador Discuss Strengthening Bilateral Cooperation

PLC Member al-Arada, German Ambassador Discuss Yemen’s Political, Humanitarian and Development Situation

MASAM Removes 798 Landmines During First Week of June

Eryani: Saudi deposit is an extension of the Kingdom's constructive role toward Yemen

[22/02/2023 01:30]

Riyadh - Saba
Minister of Information, Culture and Tourism, Muammar Al-Eryani, said, "The Saudi signing of a deposit agreement with the Central Bank of Yemen in the amount of one billion dollars, and depositing it entirely in the account of the Central Bank of Yemen, is an extension of the constructive role of the Kingdom and their unlimited support for the Yemeni government and people in light of the circumstances" and extraordinary situation that our country is going through.

Muammar Al-Eryani added, in a statement to the Yemeni News Agency (Saba), "The Saudi deposit will contribute to the recover of the economy, the stability of the national currency, the improvement of its exchange rate against foreign currencies, the support of the Central Bank's reserves of foreign exchange, and enabling it to play its role in the economic process, and the decline in food prices." consumer goods, and ease the burden on citizens.

Al-Eryani pointed out that the signing of the deposit agreement coincided with the arrival of the third batch of the Saudi oil derivatives grant to the port of Aden with quantities of 45,000 metric tons of diesel and 30,000 liter tons of diesel, and the operation of Aden Hospital after its rehabilitation and equipment with funding from the Saudi Program for the Development and Reconstruction of Yemen.