Badheib: The World Bank agrees to provide an additional grant of $100 million

Yemen's Defense Minister Discusses Boosting Cooperation with German Diplomats

Defense Minister Lieutenant General Taher Al-Aqili met with the head of German diplomatic mission to Yemen, Thomas Schneider, and his deputy, Sophia Herzberg, to discuss ways to enhance bilateral cooperation between the two friendly countries.

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 04:20:51
Latest News:

Oil Minister and Saudi Program Launch Initiatives to End Fuel Crisis in Socotra

National Commission Meets Local, Judicial and Security Leaders, Visits Pretrial Detention Facility in ..

Yemen Participates in 61 Meeting of Arab Higher Committee for Standardization in Rabat

Tariq Saleh meets with Ministers of Transport and Affairs of Parliament, Shura Council

Yemen participates in Arab League Council emergency meeting

Badheib: The World Bank agrees to provide an additional grant of $100 million

[02/07/2022 12:07]

Aden – Saba
The Minister of Planning and International Cooperation, Dr. Waed Badheib confirmed that the Board of Directors of the World Bank agreed to provide an additional grant of 100 million US dollars earmarked to support the second phase of the emergency project to provide electricity in Yemen, following the visit of a high-level delegation of the World Bank to the temporary capital Aden.

The Minister of Planning said in a statement to the Yemeni News Agency (Saba) "that the project aims to increase access to electricity in rural areas and the outskirts of cities in Yemen, as well as planning to restore the capacity of the electricity sector in the country." Minister Badheib added, "This additional grant is provided by the International Development Association, which is the arm of the World Bank to help the poorest countries around the world," noting that the project will be implemented by the United Nations Office for Project Services, in partnership with local stakeholders.

The Minister of Planning and International Cooperation indicated that the grant will contribute to providing many public service facilities with new or improved electricity services, which will help improve citizens' access to vital services, and the project will enable small and innovative businesses to obtain solar energy systems.