The Cabinet, chaired by Prime Minister Salem Saleh bin Breik, held a regular meeting in Aden to discuss recent economic, financial, and service developments.
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.
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 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.
Arab Monetary Fund emphasizes willingness to offer $150 million to Yemen
[10/02/2019 05:54]
DUBAI-SABA
The Chairman of the Arab Monetary Fund Abdurahman al-Hameedi said the Fund will work to finalize the necessary procedures to allocate $150 million from the Arab Trade Budget for Yemen, after Yemen settles the overdue installments as per the new debt structure.
Al-Hameedi made the remarks in a meeting with the governor of the Central Bank of Yemen Mohammed Zimmam in Dubai on Sunday. The meeting discussed the installments unsettled from 2016 due to the Houthi-triggered turbulence.
Zimmam on his part confirmed that Yemen would pay the overdue installments to the Arab Monetary Fund after this debt balance is restructured. Al-Hameedi noted that Yemen has always been committed to settling its debts and never before did it delay the settlement of its debts to any Arab or international financial institutions.
He therefore said it is the Fund's duty to stand by the side of Yemen in this crisis the country is going through.