Central Bank Board Approves Measures to Strengthen Financial and Monetary Stability
The Board of Directors of the Central Bank of Yemen approved on Thursday a set of measures and directives aimed at improving institutional performance and reinforcing financial and monetary stability, concluding its sixth session of the year in the temporary capital, Aden, chaired by Central Bank Governor and Board Chairman Ahmed Ahmed Ghaleb.
Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks
The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.
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
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Last Update: ،
2026/06/25
Time
04:30:52
Latest News:
Yemen and ESCWA Discuss Strengthening Cooperation on Development Policies
Water Minister, Partners Review Progress on Water and Sanitation Projects
Health Minister, WHO Review Measures to Enhance Disease Surveillance and Outbreak Response
Governor of Aden, Japanese Ambassador Discuss Support for Development Efforts
West Asia Journalists Union Condemns Killing of Yemeni Journalist Mohammed Aidha
Latest News:
Yemen and ESCWA Discuss Strengthening Cooperation on Development Policies
Water Minister, Partners Review Progress on Water and Sanitation Projects
Health Minister, WHO Review Measures to Enhance Disease Surveillance and Outbreak Response
Governor of Aden, Japanese Ambassador Discuss Support for Development Efforts
West Asia Journalists Union Condemns Killing of Yemeni Journalist Mohammed Aidha
Kuwaiti Fund for Development inks $1.5 million grant agreement for Yemen
[24/04/2025 07:16]
WASHINGTON-SABA
The Kuwait Fund for Arab Economic Development (KFAED) signed today, Thursday, a grant agreement with the International Organization for Migration (IOM) under which the Fund will provide a grant of $ 1.5 million to contribute to financing the project to develop the infrastructure of public services in Yemen.
The Kuwait Fund stated in a statement published by Kuwait News Agency (KUNA) that the proposed project aims to increase the resilience of communities, the challenges resulting from the ongoing conflict in Yemen and compete for scarce resources and services through the development of community infrastructure, enhance the ability to effectively deal with the drivers of instability and strengthen social cohesion in communities.
The project consists of small community projects that include the construction and rehabilitation of public schools, health facilities and infrastructure for drinking water and sanitation.
The grant agreement was signed on the sidelines of the 2025 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington on behalf of the KUNA by Acting Director General Waleed al-Bahar and the IOM Director General Amy Pope.
The Kuwait Fund for Arab Economic Development (KFAED) signed today, Thursday, a grant agreement with the International Organization for Migration (IOM) under which the Fund will provide a grant of $ 1.5 million to contribute to financing the project to develop the infrastructure of public services in Yemen.
The Kuwait Fund stated in a statement published by Kuwait News Agency (KUNA) that the proposed project aims to increase the resilience of communities, the challenges resulting from the ongoing conflict in Yemen and compete for scarce resources and services through the development of community infrastructure, enhance the ability to effectively deal with the drivers of instability and strengthen social cohesion in communities.
The project consists of small community projects that include the construction and rehabilitation of public schools, health facilities and infrastructure for drinking water and sanitation.
The grant agreement was signed on the sidelines of the 2025 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington on behalf of the KUNA by Acting Director General Waleed al-Bahar and the IOM Director General Amy Pope.
Key words:
infrastructure - rehabilitation - International - Organization - construction - development - effectively - instability - communities - Development -
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