Yemen, Saudi Arabia sign oil treaty

Cabinet approves draft budget for fiscal year 2026

The Council of Ministers approved the draft budget for the fiscal year 2026, submitted by the Supreme Committee for Budgets based on the presentation provided by the Ministry of Finance.

Kuwait Condemns Iranian Attack Targeting Its Territory

The State of Kuwait has strongly condemned a “heinous Iranian attack” that targeted its territory on Saturday morning, calling it a flagrant violation of Kuwait’s sovereignty, airspace, international law, and the Charter of the United Nations.

Korea large companies' exports rise 10 percent

Large companies' exports in South Korea rose approximately 10 percent year-on-year in the fourth quarter of last year, driven by increased global demand for semiconductors.

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: ، 2026/03/01 Time 07:55:36
Latest News:

Finance Minister signs with Ambassador al-Jaber new Saudi support agreement for Yemen

Prime Minister Receives Letter from Italian Deputy Prime Minister

Yemen Strongly Condemns Blatant Iranian Attacks on Saudi Arabia

Republic of Yemen Condemns Iranian Attacks on Several Sisterly States

Prime Minister Receives Letter from UNESCO Director-General

Yemen, Saudi Arabia sign oil treaty

[13/04/2021 06:28]

RIYADH-SABA
The Government of Yemen represented by Minister of Electricity and Energy Anwar Kalshat and Saudi Program for Development and Reconstruction in Yemen represented by the General Sponsor of the program Mohammad Al Jaber signed Tuesday a treaty for importing 1.2 million ton of oil derivatives for operating power stations.

The treaty worth USD 422 million and comes in response to the government's demand for alleviating suffering of Yemeni people and supporting national economy.

Minister Kalshat praised Saudi continuous support to Yemen, describing support of energy sector as vital support for operating power station and helping economic recovery.

For his part, the Saudi Ambassador to Yemen Al Jaber, who is the sponsor of the program, made it clear that the donation aims at operating electric stations, improving infrastructure and helping improve services, confirming that the donation will help recovery of economic situation in Yemen.