PM appreciates Saudi $2 billion bailout

Yemen Says Houthi Militia Poses Direct Threat to Regional Peace, Condemns Attacks on Gulf Infrastructure

Yemen has affirmed that the Iran-backed Houthi militia poses a direct threat to regional peace and security and to international navigation, saying the group is a tool used to undermine Yemen’s sovereignty and stability, disrupt basic services, and obstruct the delivery of humanitarian assistance to those in need.

Arab League Calls for Confronting Rising Anti-Muslim Hate

The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.

Italian Industrial production falls 0.6 percent

Industrial production in Italy experienced an unexpected decline of 0.6 percent in January compared to December, according to seasonally and calendar-adjusted figures.

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: ، 2026/03/17 Time 05:43:10
Latest News:

Aden Governor Discusses Improving Postal Services

Minister al-Kaf Discusses Strengthening Energy Cooperation with British Ambassador

Al-Khanbash: Efforts need to be joined to help IDPs

President al-Alimi: The region's stability contingent on deterring Iranian regime, its armed militias

Minister of Local Administration Discusses Efforts to Strengthen Decentralization with German Ambassador

PM appreciates Saudi $2 billion bailout

[18/01/2018 02:17]

ADEN-SABA
Prime Minister Ahmed bin-Daghr expressed his appreciation of Saudi $ 2 billion bailout in a meeting with Saudi Arabia's Ambassador to Yemen Mohammed Al Jaber in Aden on Thursday.

King Salman bin Abdulaziz Al Saud issued a directive for the amount to be deposited into the Central Bank of Yemen to stabilize the Yemeni Riyal which declined to unprecedented lows this week.

Bin-Daghr thanked king Salman and his Crown Prince Mohammed bin Salman for the generous support saying the devaluation of the Yemeni Riyal "is in continuous decline from the moment of issuing the directive."

"Saudi Arabia bore the greater burden (for Yemen) and the Yemeni people will not forget the Kingdom's sacrifices," he told A Jaber.

He called on the Kingdom and the UAE to assist by sending financial experts to help Yemenis lay down plans for and oversee these funds."

On the other hand, the Minister of Interior and governors and security directors of Aden, Abyan, Lahj, Dhale'a, Taiz and Hodeidah held a separate meeting with Al Jaber and thanked the Kingdom for rescuing the country's currency with the deposit.