Hajjar: IsDB Group will offer Yemen $100 mln developmental aid

President al-Alimi: The region's stability contingent on deterring Iranian regime, its armed militias

His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC) received today, Monday, the Ambassador of the United Kingdom to the Republic of Yemen Abda Sharif.

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.

Italian Industrial production falls 0.6 percent

Industrial production in Italy experienced an unexpected decline of 0.6 percent in January compared to December, according to seasonally and calendar-adjusted figures.

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.

Last Update: ، 2026/03/16 Time 09:52:15
Latest News:

Al-Khanbash: Efforts need to be joined to help IDPs

President al-Alimi: The region's stability contingent on deterring Iranian regime, its armed militias

Minister of Local Administration Discusses Efforts to Strengthen Decentralization with German Ambassador

Yemen’s Ambassador Discusses Joint Cooperation with German Ministry of Environment

PM Reviews Work at Foreign Ministry, Chairs Meeting with Department Heads

Hajjar: IsDB Group will offer Yemen $100 mln developmental aid

[03/06/2020 03:08]

JEDDAH-SABA
The President of the Islamic Development Bank (IsDB) Group Dr. Bandar Hajjar stated that the IsDB is going to keep on supporting the Republic of Yemen to help the Yemeni government to manage the economic hardships, humanitarian difficulties and control pandemics.

In a press statement Hajjar said "The IsBD Group would provide Yemen with a developmental assistance worth $ 100 million within the next four years (2020-2023), out of which $36.6 million to support the government's efforts to counter coronavirus (covid-19).

Hajjar mentioned that the IsDB Group has contributed with $1 billion to finance Yemen since the group established.
He added that the IsDB Group's active portfolio in Yemen presently consist of 17 transactions with total cost make up $214 million.