Aden receives Saudi oil derivatives grant

The third batch of Saudi oil derivatives, worth a total of $4.2 billion, will reach the intended beneficiaries and improve the living standards of Yemenis. (SPA)
The third batch of Saudi oil derivatives, worth a total of $4.2 billion, will reach the intended beneficiaries and improve the living standards of Yemenis. (SPA)
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Updated 26 July 2021

Aden receives Saudi oil derivatives grant

The third batch of Saudi oil derivatives, worth a total of $4.2 billion, will reach the intended beneficiaries and improve the living standards of Yemenis. (SPA)
  • The Saudi grants have reduced the burdens on the Yemeni government’s budget, reduced the depletion of hard currency in purchasing oil derivatives from global markets

ADEN: A total of 75,000 metric tons of Saudi oil derivatives reached the Port of Aden to help the Yemeni authorities meet the growing energy demands.
Sent with the help of the Saudi Development and Reconstruction Program for Yemen (SDPRY), the shipment was received by the Deputy Gov. of Aden Badr Mouaen, the first undersecretary of Aden Mohammed Nasr Al-Shathili, SDPRY representative Mohammed Al-Yehya, and other officials.
Al-Yehya hoped that the third batch, worth a total of $4.2 billion, will reach the intended beneficiaries and improve the living standards of Yemenis.
Earlier batches in May and June helped increase energy output by more than 25 percent in Yemeni governorates and more than 40 percent in Aden and stabilized fuel supplies.
The Saudi grants have reduced the burdens on the Yemeni government’s budget, reduced the depletion of hard currency in purchasing oil derivatives from global markets, stabilized Yemen’s riyal exchange rate and fuel prices against the US dollar, provided job opportunities, raised the productivity of Yemeni citizens, raised the performance of vital sectors’ services, and improved the livelihoods of Yemenis.

The grant has helped to address the problem of frequent outages and increase power hours by 30 percent in comparison with March.

This support has had a positive impact on the economic, health and educational fields, and has improved general living conditions.

The SDPRY and the Yemeni government have developed an integrated governance mechanism for oil derivatives.

The Yemeni government has formed a supervisory committee consisting of Yemeni ministries and relevant authorities. The committee ensures that the grant reaches the intended beneficiaries and that the oil derivatives are used for their intended purpose.

The joint committee has scheduled the shipments of the Saudi oil derivatives grant to help the Yemeni government direct its expenses, use the amounts which were allocated to buy the oil derivatives to support the salaries of public employees and provide basic public services.

SDPRY has so far implemented 198 development projects and initiatives to support the Yemeni people in seven different sectors: education, health, water, transport, agriculture and fisheries as well as strengthening governmental institutions.

 


Saudi air defenses intercept Houthi drone launched toward Khamis Mushait

Saudi air defenses intercept Houthi drone launched toward Khamis Mushait
Updated 12 sec ago

Saudi air defenses intercept Houthi drone launched toward Khamis Mushait

Saudi air defenses intercept Houthi drone launched toward Khamis Mushait
  • Earlier on Wednesday, the Kingdom’s air defenses destroyed two other drones launched toward the southern region

RIYADH: Saudi Arabia’s defenses intercepted and destroyed an explosive-laden drone launched by Yemen’s Houthi militia toward the Kingdom’s southern region, the Arab coalition said on Wednesday.
It added that the drone was targeting the city of Khamis Mushait.
The coalition that it is monitoring the Iran-backed group’s drone activity and is taking strict measures to protect civilians.
Earlier on Wednesday, the coalition said the Kingdom’s air defenses destroyed two booby-trapped drones launched by the Houthis toward Khamis Mushait.
The UAE and Bahrain strongly condemned the attacks and affirmed their solidarity with the Kingdom in all measures it takes to protect its security and the safety of its citizens and residents.


Saudi king and crown prince receive National Day cables from Gulf leaders

Saudi king and crown prince receive National Day cables from Gulf leaders
Updated 32 min 43 sec ago

Saudi king and crown prince receive National Day cables from Gulf leaders

Saudi king and crown prince receive National Day cables from Gulf leaders
  • The Kingdom will mark its 91st National Day on Thursday

RIYADH: Saudi Arabia’s King Salman on Wednesday received a congratulatory cable from King Hamad of Bahrain, on the occasion of the Kingdom’s 91st National Day.
King Hamad expressed his greetings to King Salman, wishing him good health, happiness and long life, and, to the Saudi people, further progress and prosperity under his leadership.
He praised the depth of relations that bind the two countries and the continuous development and growth they are witnessing.
King Salman and Crown Prince Mohammed bin Salman received similar congratulatory cables from Prince Salman bin Hamad, crown prince and prime minister of Bahrain.
The Kingdom will mark National Day on Thursday.
Kuwait’s Emir Sheikh Nawaf Al-Ahmed Al-Jaber Al-Sabah congratulated King Salman and affirmed the solidity and depth of the strong ties that link Kuwait and the Kingdom. He also praised the outstanding development achievements witnessed by Saudi Arabia.
King Salman received two separate cables from Kuwaiti Crown Prince Sheikh Mishaal Al-Ahmed Al-Jaber Al-Sabah, and Prime Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah.
Oman’s Sultan Haitham bin Tariq sent King Salman a cable, wishing him good health, happiness and a long life, and more progress and prosperity for the Saudi people.
Meanwhile, Prince Mohammed bin Salman received similar cables from his Kuwaiti counterpart Sheikh Mishaal, and from Kuwait’s Defense Minister Sheikh Hamad Jaber Al-Ali Al-Sabah.


Saudi Arabia registers 7 COVID-19 deaths, 54 new infections

Saudi Arabia registers 7 COVID-19 deaths, 54 new infections
Updated 38 min 52 sec ago

Saudi Arabia registers 7 COVID-19 deaths, 54 new infections

Saudi Arabia registers 7 COVID-19 deaths, 54 new infections
  • The Kingdom says 61 patients had recovered from the virus in the past 24 hours
  • Health ministry says vaccine centers in all regions of the Kingdom will remain open during the National Day holiday on Thursday

JEDDAH: Saudi Arabia confirmed seven new COVID-19 related deaths on Wednesday, raising the total number of fatalities to 8,679.
The Ministry of Health confirmed 54 new cases reported in the Kingdom in the previous 24 hours, meaning 546,735 people have now contracted the disease. 
Of the total number of cases, 2,345 remain active and 303 in critical condition.
According to the ministry, the highest number of cases were recorded in the capital Riyadh with 13, followed by Makkah with 11, the Eastern Province recorded seven, and Madinah and Qassim confirmed four cases each.
The health ministry also announced that 61 patients had recovered from COVID-19, bringing the total number of recoveries in the Kingdom to 535,711.


Over 41.1 million doses of the coronavirus vaccine have been administered in the Kingdom to date through 587 centers.
The ministry renewed its call on the public to register with the Sehhaty app to receive the vaccine, and adhere to the measures and abide by instructions.
It added that vaccine centers in all regions of the Kingdom will remain open during the National Day holiday on Thursday.
Municipalities in the Kingdom have shut down multiple commercial outlets as part of their efforts to monitor compliance with health and safety measures to stop the spread of coronavirus disease (COVID-19).
The Eastern Province Municipality closed two facilities during 1,409 inspection tours carried out on Tuesday. Authorities also issued fines to 92 other businesses.
The coronavirus pandemic has affected over 230 million people globally and the death toll has reached around 4.72 million.


Saudi Arabia’s King Salman addresses the UN General Assembly

Saudi Arabia’s King Salman addresses the UN General Assembly
Updated 24 min 45 sec ago

Saudi Arabia’s King Salman addresses the UN General Assembly

Saudi Arabia’s King Salman addresses the UN General Assembly

RIYADH: King Salman of Saudi Arabia will address the UN General Assembly on Wednesday.

Developing


Saudi deputy defense minister and US envoy to Yemen discuss peace initiative

Saudi deputy defense minister and US envoy to Yemen discuss peace initiative
Updated 22 September 2021

Saudi deputy defense minister and US envoy to Yemen discuss peace initiative

Saudi deputy defense minister and US envoy to Yemen discuss peace initiative
  • They also reviewed the latest developments in Yemen

RIYADH: Saudi Arabia’s Deputy Defense Minister Prince Khalid bin Salman discussed the Kingdom’s peace initiative for Yemen with US envoy Tim Lenderking on Wednesday.
During his visit to Riyadh, Lenderking also met with Saudi Minister of State for Foreign Affairs Adel Al-Jubeir and Yemeni Parliament Speaker Sultan Al-Barakani on Tuesday.
Prince Khalid said: “Met with US envoy to Yemen Tim Lenderking to review the latest developments in Yemen, and discuss mutual efforts to support the Saudi peace initiative and UN efforts to reach a political resolution that achieves security and stability for the Yemeni people and the region.”