$312 million in Saudi oil grant payments to Yemen

Taiz Residents Bury 18 Victims of Houthi Shelling

Residents of Taiz Governorate on Friday buried 18 victims, most of them civilians, including Mushira and her father, who were killed when Iranian-backed Houthi militias shelled their home on Mount Saber.

GCC Secretary-General Welcomes UN Security Council’s Position on Houthi Attacks Against Saudi Arabia

The Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi has expressed his appreciation for the position conveyed by members of the United Nations Security Council in their presidential statement regarding the attacks carried out by the Houthi terrorist militia against the Kingdom of Saudi Arabia.

Brent Crude Futures Rise 12 Cents

Oil prices remained mostly unchanged in early Asian trading on Thursday following gains from the previous session and a sharp monthly increase.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/10/24 Time 05:13:50
Latest News:

Spain Says Houthi Attacks on Civilian Infrastructure in Yemen and Saudi Arabia Fuel Regional Escalation

Arab League Condemns Houthi Attacks on Saudi Arabia’s King Fahd International Airport

European Parliament Calls for Designating Houthis Terrorist Organization, Confirms its Support for Yemeni ..

Foreign Minister Delivers Message from President al-Alimi to Chinese President

Houthi Militias Bombard Mosque, School in Jabal Saber, South of Taiz

$312 million in Saudi oil grant payments to Yemen

[05/02/2022 06:21]

Aden - Saba
The total value of the quantities received from the Saudi oil grant to operate power stations in the liberated governorates amounted to about $312 million, the percentage paid by the donor is 72%, and the government is 28%.

Today, the seventh batch of the Saudi oil grant, amounting to 60,000 metric tons of diesel, was received at the oil port in the temporary capital Aden to complete the seventh installment.

The Deputy Minister of Electricity, Abdul Hakim Fadel, said: "The Saudi oil grant achieved positive results for many vital sectors, and also contributed to the improvement of the national economy by providing funds and harnessing them for development areas."

For his part, the Undersecretary of Aden Governorate, Muhammad Shazly, reiterated the importance of the great role of the grant in improving basic services, foremost of which is the electricity service, which is the backbone of life.

He stressed the importance of concerted efforts of all to continue the process of reforms and improvement in various service areas and to improve the general conditions of citizens.