EU and Ukraine strike less ambitious but 'realistic' trade deal    Spanish PM's former aide detained without bail in corruption probe    US skips global UN meeting in Spain aimed at raising trillions to combat poverty    Lithuania and the Philippines sign security pact    Al Hilal stun Manchester City in seven-goal thriller to reach Club World Cup quarterfinals    'How fragile we are': Roskilde Festival tragedy remembered 25 years on    Over 190,000 Umrah visas issued since start of the season    New Social Insurance Law comes into force on Tuesday    Objections to municipal violations and fines to be processed electronically within 15 days of submission    NCM Forecast: Dust storms expected across Saudi Arabia until next week    PIF assets soar to $1.15 trillion in 2024    Saudi Arabia advances 14 places to 13th rank in IPR Enforcement Index globally    Saudi Arabia imposes final anti-dumping duties on imports of steel pipes from China and Taiwan    Saudi Arabia's net FDI jumps 44% to SR22 billion in Q1 2025    Historic Jeddah's visual identity re-imagined through global art installations at Al-Arbaeen Lagoon    Al Hilal land in Orlando ahead of Club World Cup clash with Manchester City    Cristiano Ronaldo says the past is over and this season will be Al Nassr's    Saudi Arabia exit Gold Cup after quarterfinal defeat to Mexico    Brad Pitt's Los Angeles home 'ransacked', police say    Tehran Symphony Orchestra holds free concert to honor Iranians killed in conflict with Israel    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



SDRPY reviews pioneering Saudi projects and initiatives in Yemeni cities
Published in The Saudi Gazette on 28 - 06 - 2022

The Saudi Development and Reconstruction Program for Yemen (SDRPY) is participating in the 11th World Urban Forum, being held in Katowice City, Poland, between June 26 and 30, 2022, to review pioneering Saudi projects and initiatives in the field of urban and sustainable development in Yemeni cities.
SDRPY participated in the forum among several Saudi agencies to review their programs and initiatives in urban affairs.
The projects and initiatives of SDRPY have contributed to improving the infrastructure and level of basic services for the Yemeni people and providing jobs through 207 development projects and initiatives with a total value of $829,073,978 till 2021 with around 15 million beneficiaries in 14 Yemeni governorates.
SDRPY projects and initiatives included 25 development projects and initiatives in the health sector, 50 projects and initiatives in the educational sector, 26 in the energy sector, 32 in the water sector, 18 in the agricultural sector, 33 in the transport sector, 12 development initiatives and 11 projects in the public institutions sector.
Saudi Arabia has also offered Yemen a direct economic and development support with a total value of $9.8 billion between 2012 and 2022, including direct deposits for the economic and development support of the Central Bank and the social development fund and oil derivatives.
Since 2015, Saudi Arabia has offered over $19 billion as humanitarian, relief, development and economic assistance to Yemen, where all Saudi assistance are registered at the Financial Tracking Service of the UN.
The Kingdom in April 2022 offered an urgent support to the Yemeni economy, with a total value of $3 billion, which includes providing $2 billion, offered jointly by Saudi Arabia and the United Arab Emirates, in support for the Yemeni Central Bank, while $1 billion from Saudi Arabia, including $600 million to the fund of buying oil derivatives and $400 million to support development projects and initiatives.
This support contributed to limiting the collapse of the Yemeni currency and the depreciation of the Yemeni riyal exchange rate against the dollar by around 36%, compared to exchange rate at the start of the Yemeni-Yemeni consultations.
SDRPY's 207 development projects and initiatives in various Yemeni governorates are implemented to serve Yemenis in seven main sectors: education, health, water, energy, transport, agriculture and fishery and building the capacity of government institutions and development programs. — SPA


Clic here to read the story from its source.