SPDRY, IsDB launch executive program for development in Yemen

Central Bank Board Approves Measures to Strengthen Financial and Monetary Stability

The Board of Directors of the Central Bank of Yemen approved on Thursday a set of measures and directives aimed at improving institutional performance and reinforcing financial and monetary stability, concluding its sixth session of the year in the temporary capital, Aden, chaired by Central Bank Governor and Board Chairman Ahmed Ahmed Ghaleb.

Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks

The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.

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.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/06/25 Time 05:33:57
Latest News:

Yemen and ESCWA Discuss Strengthening Cooperation on Development Policies

Water Minister, Partners Review Progress on Water and Sanitation Projects

Health Minister, WHO Review Measures to Enhance Disease Surveillance and Outbreak Response

Governor of Aden, Japanese Ambassador Discuss Support for Development Efforts

West Asia Journalists Union Condemns Killing of Yemeni Journalist Mohammed Aidha

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.