Yemen, Saudi Arabia sign oil treaty

Saudi Delegation Meets with Sheikhs, Notables, Leaders of Hadhramaut

The visiting Saudi delegation to Hadhramaut Governorate, headed by Major General Dr. Mohammed Al-Qahtani, arrived Tuesday in the districts of the Valley and Desert, following the completion of meetings in the city of Mukalla and the coastal districts.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Gold Prices Stabilize as Investors Await Key US Data Release

Gold prices remained steady today, Friday, after rising US Treasury yields offset the dollar's weakness, as investors await crucial US economic data releases.

CAF Unveils Official Mascot for 2025 Africa Cup of Nations in Morocco

The Confederation of African Football (CAF) and the Local Organizing Committee unveiled the official mascot for the 2025 Africa Cup of Nations in Morocco, named "Asad" (Lion), embodying a symbol of African pride and passion for football.

Last Update: ، 2025/12/10 Time 05:29:45
Latest News:

Member of Presidential Leadership Council al-Arada Holds Expanded Official, Public Meeting in Marib

Vice Foreign Minister participates in International Navigation Security Conference in Germany

European Union Mission affirms support to PLC, Government for security

Al-Mahrami Meets Head of Land Authority, Reviews Performance Improvement Plans and Combating Encroachments

UK reaffirms its commitment to supporting Presidential Leadership Council and government

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.