Central Bank Governor: Next Phase Will Witness Significant Growth in Trade Between Yemen and Egypt
Governor of the Central Bank of Yemen Ahmed Ghaleb stated that “the coming phase will witness notable growth in trade and investment activity between Yemen and Egypt, amid technological developments in the global banking sector.”
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.
User Name: Password:
Planning minister discusses with WB mobilizing resources to Yemen
[14/10/2021 05:32]
ADEN-SABA
Minister of Planning and International Cooperation Wa'id Batheeb discussed Thursday with Vice President of World Bank for Middle East Affairs and North Africa Farid Balhaj through visual communication mobilizing available resources to support Yemen.

The meeting, which comes in the framework of annual meetings of the World Bank, discussed views and comments of the WB's technical team on matrix projects of the organization in Yemen; Social Protection Project, Urban Services Project and Project of Financing Fishery Wealth, as well as capacity building of Yemen's central bank, private sector, works environment and statistic systems.

The meeting touched upon the deteriorated situation of power sector and recent visit by the World Bank's mission to evaluate power sector.

The convening officials agreed on following up outcomes of the meeting within mutual technical meetings to tackle all suspended issues and going forward for implementing the matrix of projects.

Batheeb pointed out to directing the WB's interventions in line with government's imminent priorities and increasing support to the forthcoming matrix projects, especially in field of transport and roads in addition to creating balance between emergency intervention and development.

For his part, Balhaj talked about WB's support to Yemen, confirming continuous work with the board of the organization to mobilize all available resources to support Yemen overcome its current crisis.

Meanwhile, the Executive Director of World Bank Mirza Hassan talked about challenges facing Yemen because of repeated conflicts and crises and their effect on humanitarian and economic situations.

Praising efforts of the government in working with the World Bank, Hassan confirmed keenness of the organization to consider all points made by the government led by taking care of transport and road projects, providing basic services, supporting private sector and capacity building of national foundations.


Central Bank Governor: Next Phase Will Witness Significant Growth in Trade Between Yemen and Egypt
Yemen Offers Condolences to Saudi Arabia Over Victims of Aramco Helicopter Crash
President al-Alimi Receives Delegation from U.S. Oil Company Hunt
Prime Minister Chairs Meeting on Fiscal Reform Priorities with Finance Ministry Leadership
Minister of Environment Discusses Environmental and Climate Cooperation with Friedrich Ebert
Vice Foreign Minister, Ukrainian Ambassador Discuss Bilateral Cooperation
Yemen Denounces Iran's Repeated Missile and Drone Attacks on Kuwait and Bahrain
Yemen Expresses Concern over Military Escalation in Sudan's El Obeid
Human Rights Report Documents 761 Houthi Violations in Sana’a During 2025
Speakers of the Yemeni Parliament and Shura Council Participate in Conference of Arab Parliament in Cairo

About Saba News Agency | Usage Agreement | Contact Us