SPDRY, IsDB launch executive program for development in Yemen

President of the Presidential Leadership Council to European Institute of Peace Delegation: Treating the Houthis as a Normal Actor Is a Structural Error That Threatens to Perpetuate War and Suffering

His Excellency President Dr. Rashad Mohammed al-Alimi, Chairman of the Presidential Leadership Council, affirmed that the Yemeni people aspire to a sustainable, long-term peace that does not bypass the state or reproduce violence once again.

German Chancellor Says Europe Must Stand Strong

German Chancellor Friedrich Merz has called on Europeans to strive for greater autonomy, emphasizing the need for Europe to defend itself using its own capabilities, given the shift in transatlantic relations.

China's foreign exchange reserves rise to $3.3991 trillion

China's total foreign exchange reserves made $3.3991 trillion at the end of last January, marking an increase of $41.2 billion, or 1.23 percent, compared to the end of December last year.

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: ، 2026/02/11 Time 07:49:24
Latest News:

Widespread UN and International Welcome for Formation of New Yemeni Government

Minister Al-Sharjabi Discusses Enhancing Cooperation in Water and Environment Sectors with French Ambassador

Taiz Governor Discusses Enhancing Joint Coordination, Interventions with Rahma Worldwide Foundation

President al-Alimi to European Delegation: Treating Houthis as Normal Actor, Structural Error Threatens ..

Interior Minister Discusses Enhancing Joint Security Cooperation with Saudi Officia

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.