Saudi Arabia is in negotiations with coronavirus disease (COVID-19) vaccine producers to provide supplies to low-income countries, including Yemen and some African countries, the Asharq website reported, quoting Saudi Minister of Finance Mohammed Al-Jadaan.
During an online session of the World Economic Forum, Al-Jadaan said that these countries would not be able to obtain enough vaccines through the COVAX program alone, which is a global mechanism for purchasing and distributing COVID-19 vaccines. It aims to deliver at least 2 billion vaccine doses by the end of 2021 to cover 20 percent of the most vulnerable people in 91 countries.
It is estimated Africa will need 1.5 billion vaccine doses to immunize 60 percent of its 1.3 billion inhabitants, costing between $7 and $10 billion.
Houthi militia continues to impose restrictions on Yemen's commercial sector, recently increasing customs duties on certain goods in areas under th…
Danish shipping giant Maersk posted Wednesday a 45-percent fall in net profit in the second quarter, as supply chain disruptions due to the Red Sea…
The Houthi rebels' lifeline to the global Swift banking system has been restored after the internationally recognised Yemeni government reversed sa…