SPDRY, IsDB launch executive program for development in Yemen

Yemen Welcomes Announcement of Ceasefire in Lebanon

The Republic of Yemen has welcomed the announcement by US President Donald Trump regarding the reaching of an agreement for a ceasefire in the sisterly Republic of Lebanon.

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.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

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: ، 2026/04/18 Time 10:40:31
Latest News:

Prime Minister Discusses Strengthening Bilateral Relations with Syrian President

Minister of Public Works Discusses Road Project Support with Japanese Ambassador

Prime Minister Participates in Opening Session of Antalya Diplomacy Forum

Minister of Finance, Governor of the Central Bank Discuss Comprehensive Reform Implementation with Arab ..

Tariq Saleh meets with German Ambassador

SPDRY, IsDB launch executive program for development in Yemen

[20/05/2021 02:17]

JEDDAH - SABA
The Saudi Program for Development and Reconstruction in Yemen (SPDRY) and the Islamic Development Bank (IsDB) launched today an executive program for developmental cooperation in Yemen.

The initiative aims to boost strategic partnership between the two sides, join efforts and establish future vision for the development and construction in Yemen in cooperation with the Yemeni government and development partners.

The Ambassador of the Kingdom of Saudi Arabia to the Republic of Yemen, General Supervisor of the SPDRY Mohammed al-Jaber and the President of the IsDB Group Bandar al-Hajjar singed on the agreement.

Under the agreement the cooperation will be established between the two sides and the Yemeni government and institutions in six spheres including the development vision and strategy, construction, economic recovery, digital and technological cooperation, strategic planning for partnership in the development projects and programs, strategic communication, media, investment for sustainable development, empowering private-sector and the implementation of the projects funded by the IsDB.