Saudi Delegation Highlights Yemen Support at WB Meet

Saudi Delegation Highlights Yemen Support at WB Meet

Post by : Bianca Qureshi

Oct. 18, 2025 4:38 p.m. 389

A Saudi delegation from the Saudi Development and Reconstruction Program for Yemen (SDRPY), led by Eng. Hassan Al-Attas, took part in a World Bank roundtable titled “Enabling Jobs in Fragile and Conflict-Affected Environments” in Washington. The event, held alongside the annual IMF and World Bank meetings, brought together ministers, international officials, and development leaders to discuss strategies for job creation and private-sector growth in fragile economies.

Eng. Al-Attas thanked the World Bank for hosting the discussion, describing it as a vital platform for sharing ideas to strengthen economic recovery in countries like Yemen. He outlined Saudi Arabia’s long-term support to Yemen, noting that the Kingdom has contributed more than $26 billion in development, economic, and humanitarian aid over the decades.

Stay informed with the latest news. Follow DXB News Network on WhatsApp Channel

Since 2018, Saudi Arabia has made several key financial interventions, including a $2 billion deposit to Yemen’s Central Bank to help fund essential food imports. Between 2012 and 2025, Saudi aid exceeded $12 billion, helping stabilize markets, improve liquidity, and create conditions for private investment.

Al-Attas also detailed SDRPY’s three-pillar approach to rebuilding Yemen — strengthening government institutions, investing in infrastructure and human capital, and supporting private-sector growth. Under this framework, SDRPY has launched over 265 projects across 16 governorates, covering eight key sectors such as energy, health, education, and water, with a total value of $1.145 billion. All projects are directly supervised through five program offices to ensure transparency and efficiency.

During the visit, the Saudi delegation met with Yemeni officials, World Bank representatives, and Estonian delegates to discuss new partnerships aimed at advancing sustainable development and promoting Yemen’s economic recovery.

The discussions reaffirmed Saudi Arabia’s ongoing commitment to Yemen’s stability and growth, emphasizing collaboration with international institutions to build infrastructure, generate employment, and foster long-term resilience in one of the region’s most fragile economies.

#Best News Network In Dubai #UAE NEWS #Saudi Arabia #Saudi Arabia News #Top News Channel Dubai

NHS Surgeon Explains Why Miso Soup Is Great for Gut Health and Weight Loss

Learn how miso soup can improve gut health, support weight loss, and make you feel full for longer,

Nov. 10, 2025 6:03 p.m. 52

Dietician Shares 5 Foods to Boost Metabolism Naturally: Quinoa, Greek Yoghurt and More

Learn which 5 everyday foods can naturally improve your metabolism, help burn calories, and increase

Nov. 10, 2025 6:01 p.m. 57

Akasa Air to Launch New International Flights from Delhi, Expands Fleet

Akasa Air plans international departures from Delhi, eyeing Singapore, Indonesia & more, while expec

Nov. 10, 2025 6:01 p.m. 160

Aditi Rao Hydari Shares Her Makeup Mantras: Red Lips, Simplicity, and Confidence

Aditi Rao Hydari shares her beauty secrets at Nykaaland, highlighting red lipstick, minimal makeup,

Nov. 10, 2025 5:59 p.m. 52

Warren Pushes Pentagon Repair Rights, Targets Defense Lobby

Senator Warren urges defense firms to support military repair rights, aiming to cut costs, speed mai

Nov. 10, 2025 5:57 p.m. 188

US Woman Born With No Brain Defies Odds, Celebrate 20th Birthday

Alex Simpson, born with no brain, celebrates 20th birthday, defying doctors’ odds. Her rare hydranen

Nov. 10, 2025 5:56 p.m. 168

Millie Bobby Brown Shines in Black Sequin Dress at Stranger Things FYSEE Event

Millie Bobby Brown stuns fans in a black sequin dress at Netflix FYSEE event in Los Angeles, ahead o

Nov. 10, 2025 5:53 p.m. 75

NYC Mayor-Elect Faces Housing Challenge with Rent Freeze Plan

NYC mayor-elect Zohran Mamdani aims to freeze rents, sparking concern and collaboration from real es

Nov. 10, 2025 5:52 p.m. 162

SpiceJet Flight Makes Emergency Landing in Kolkata After Engine Snag

A SpiceJet flight from Mumbai to Kolkata made an emergency landing after engine trouble. All passeng

Nov. 10, 2025 5:43 p.m. 158
Sponsored
https://markaziasolutions.com/
Trending News

Saba Azad Cheers Hrithik Roshan's Niece Bakery Launch

Hrithik Roshan's niece Suranika opens The Moon Beam Bakery; Saba Azad shares a heartfelt Instagram s

Nov. 10, 2025 4:42 p.m. 253

Jets Make History with Two Special Teams Touchdowns

The New York Jets made franchise history with two special teams touchdowns in one quarter, defeating

Nov. 10, 2025 3:56 p.m. 256

Chargers Beat Steelers 25-10 as Herbert, Defense Shine

The Los Angeles Chargers beat the Pittsburgh Steelers 25-10 at home. Justin Herbert impressed while

Nov. 10, 2025 3:32 p.m. 269

Rams Beat 49ers as Adams Injures Oblique Late in Game

The Los Angeles Rams beat the San Francisco 49ers 42-26, but Davante Adams left in the fourth quarte

Nov. 10, 2025 3:24 p.m. 277

Jurel’s Batting Form Puts Pressure on Team Selection

Dhruv Jurel’s great form before the South Africa Tests gives India’s selectors a tough choice as Ris

Nov. 10, 2025 3:18 p.m. 256

Indian GM Karthik Marches into FIDE World Cup Fourth Round

GM Karthik Venkataraman defeated Bogdan-Daniel Deac in tiebreaks to reach round four of the FIDE Wor

Nov. 10, 2025 3:06 p.m. 283

Ryan Williams Joins Indian Camp After Citizenship Change

Ryan Williams, who gave up his Australian citizenship, has joined India’s football camp in Bengaluru

Nov. 10, 2025 2:57 p.m. 255

Japan Goalkeeper Zion Suzuki Withdraws Due to Injury

Japan’s goalkeeper Zion Suzuki withdraws from matches against Ghana and Bolivia after suffering wris

Nov. 10, 2025 2:48 p.m. 257