Saudi-Yemeni Business Council Announces Formation of Three New Companies

Saudi-Yemeni Business Council Announces Formation of Three New Companies

In a significant move to boost economic ties, the Saudi-Yemeni Business Council announced on December 22, 2024, the establishment of three joint Saudi-Yemeni companies aimed at enhancing trade and investment. The announcement came during the council's meeting in Mecca, attended by over 300 inv...

World Bank Launches Climate and Development Report for Yemen in Aden

World Bank Launches Climate and Development Report for Yemen in Aden

On Thursday, December 5, 2024, the World Bank launched its Climate and Development Report for Yemen in Aden, the country’s temporary capital in the south. This report, developed in partnership with the internationally recognized Yemeni government, aims to address the urgent climate challenge...

Sultan Al-Arada Concludes Phase Two of Street Lighting Project in Marib

Sultan Al-Arada Concludes Phase Two of Street Lighting Project in Marib

Marib, Yemen – Sultan Al-Arada, a member of the Presidential Leadership Council and Governor of Marib, announced the completion of Phase Two of a street lighting project in Marib City on Wednesday, November 27, 2024. This initiative, funded by local authorities, coincides with the celebratio...

Launch of "Jurhom" Media and Development Foundation in Marib

Launch of "Jurhom" Media and Development Foundation in Marib

Marib, Yemen – On Saturday, November 23, 2024, the "Jurhom" Media and Development Foundation was officially launched in Marib, northeastern Yemen, during a ceremony attended by local leaders, journalists, and community members. Mazen Al-Shawki, the foundation's deputy direct...

Al-Arada Emphasizes Enhancing Productivity in the Oil and Gas Sector

Al-Arada Emphasizes Enhancing Productivity in the Oil and Gas Sector

  Sultan Al-Arada, a member of the Presidential Leadership Council and Governor of Marib stressed the importance of addressing challenges in the oil and gas sector to improve productivity and support the national economy. During a meeting held on Saturday, Al-Arada underscored the need for...

Yemeni Government Eyes Joint Bank with China to Facilitate Trade

Yemeni Government Eyes Joint Bank with China to Facilitate Trade

The internationally recognized Yemeni government announced on Tuesday, August 20, 2024, its intention to explore the establishment of a Yemeni-Chinese bank. This initiative aims to simplify the transfer of funds for exporters and importers, as well as remittances to and from China. The announce...