Foundation stone laid for three Saudi-funded water projects in Marib worth over $25 million
The Deputy Governor of Marib governorate Dr. Abd-Rabbo Miftah laid today, Sunday, the foundation stone for water project aimed to improve access to safe water services for internally displaced persons (IDP)and the host community in al-Madina District.
Arab League Calls for Confronting Rising Anti-Muslim Hate
The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.
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.
Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh
Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.
User Name: Password:
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.


President al-Alimi Warns of Risks of Iranian Regime’s Continued Investment in Terrorist Militias
Prime Minister, Foreign Minister meets with EU Special Representative for Gulf
Minister of Planning leads talks of gov't delegation with Vice President of WB for Middle East and North Africa
President al-Alimi Affirms Importance of Integration Between National Components
Minister of Social Affairs Discusses Strengthening Protection Programs with UNICEF
Yemen participates in meeting of central bank governors, finance ministers of Middle East and North African countries
President al-Alimi: Establishing stability in government-held governorates prerequisite to restore state institutions
President al-Alimi: Security of waterways contingent on ending control of Iran’s agents over parts of Yemeni mainland
Minister Jaasous discusses with US Ambassador enhancing women’s role peace process
Cabinet approves establishment of Dhalea General Hospital Authority

About Saba News Agency | Usage Agreement | Contact Us