Arab Monetary Fund emphasizes willingness to offer $150 million to Yemen

Amb. Nagi Discusses with Hungarian Official Developments in Yemen

The Chargé d' Affaires of the Embassy of the Republic of Yemen in Budapest Ambassador Ahmed Nagi discussed today, Thursday, with the Head of the Middle East and North Africa Department at the Hungarian Ministry of Foreign Affairs, Janos Lasztovka, Yemeni-Hungarian bilateral relations and cooperation.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

German Exports Rise 3.9 Percent

The total of German exports increased by 3.9 percent during the first half of 2026 compared to the same period last year, reaching 817.8 billion euros.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/09/17 Time 04:15:52
Latest News:

Saudi Arabia: Yemeni Resident Killed, Saudi Woman and Pakistani Resident Injured by Houthi Drone Interception ..

President al-Alimi Affirms State’s Ability to Regain Initiative on Western Coast

Houthi Threats to International Shipping and Global Energy Security Discussed in Prague

Minister of Endowments Condemns Houthi Attempt to Target Mecca

Yemen Warns Against Turning Bab al-Mandab Into Platform for Threats to Global Shipping

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.