Coronavirus: Saudi Arabia to pump aid worth $525m into Yemen

Saudi Arabia will contribute $500 million (Dh1.84 billion) to the United Nations humanitarian response plan for Yemen in 2020 and $25 million to help combat the spread of the new coronavirus, the kingdom’s vice defence minister, Prince Khalid bin Salman, said on Thursday.
No confirmed cases have been reported so far in Yemen, where a Saudi-led coalition is fighting the Iranian-aligned Houthi movement in a five-year war that has killed more than 100,000 people and spread hunger and disease.
Taiz — Bakeries across the city of Taiz have resumed operations following a new agreement between local authorities and the Bakers’ Syn…
The International Monetary Fund (IMF) has revealed that the latest Saudi financial package of $368 million to support Yemen’s budget and the…
Aden ــ Yemen is facing an imminent economic collapse, with public debt now exceeding 100% of the country’s gross domestic product (GDP), acc…