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Saudi Arabia Participates in Int’l Ministerial Meeting in New York to Support Yemeni Govt.

The Saudi Development and Reconstruction Program for Yemen (SDRPY) participated in the international ministerial meeting in New York to support the Yemeni government. (SPA)
The Saudi Development and Reconstruction Program for Yemen (SDRPY) participated in the international ministerial meeting in New York to support the Yemeni government. (SPA)
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Saudi Arabia Participates in Int’l Ministerial Meeting in New York to Support Yemeni Govt.

The Saudi Development and Reconstruction Program for Yemen (SDRPY) participated in the international ministerial meeting in New York to support the Yemeni government. (SPA)
The Saudi Development and Reconstruction Program for Yemen (SDRPY) participated in the international ministerial meeting in New York to support the Yemeni government. (SPA)

The Saudi Development and Reconstruction Program for Yemen (SDRPY) participated in the international ministerial meeting in New York to support the Yemeni government, the Saudi Press Agency said on Tuesday.
Yemeni Prime Minister Dr. Ahmed Awad bin Mubarak and British Minister for the Middle East and North Africa Hamish Falconer co-chaired the meeting that was held in conjunction with the UN Security Council meeting.
Dr. Hala Alsaleh, SDRPY Director of Developmental Programs, underscored that Saudi Arabia's participation in the meeting reflects its ongoing commitment to supporting Yemen across various sectors. She highlighted the Kingdom's consistent efforts to foster peace and stability in Yemen through comprehensive development initiatives led by the program.
She also outlined the Kingdom's adamant efforts to support Yemen's economic recovery through direct assistance to the Central Bank, grants, and deposits aimed at strengthening cash reserves and enhancing domestic liquidity.
Between 2012 and 2023, Saudi Arabia provided $12 billion in financial support, helping fund the budget, facilitate salary disbursement, and supply oil derivatives to ease the burden on government spending.
The Kingdom also made bank deposits to stabilize the Yemeni riyal's exchange rate and introduced various strategic projects and initiatives to support economic reforms implemented by the Yemeni government.
Saudi Arabia remains Yemen's largest historical supporter in the areas of economy, relief, and development. Its participation in the meeting encourages greater engagement from international organizations in supporting development initiatives led by the Yemeni government.
SDRPY collaborates with over 40 local, Yemeni, regional, and international partners, reflecting their trust in the Kingdom's leadership and its impactful contributions to Yemen's development and reconstruction efforts.
To date, it has implemented 263 development projects and initiatives across 16 Yemeni governorates. These projects have improved connectivity between cities and rural areas, expanded educational opportunities, empowered universities and vocational institutes, enhanced healthcare services, promoted sustainable agriculture through renewable energy, fostered economic empowerment for women and youth, and strengthened resilience against climate change.

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GCC Sec-Gen Hails Saudi, UAE, Omani Pavilions at WEF

Secretary General of the Gulf Cooperation Council Jasem Mohamed Albudaiwi. GCC
Secretary General of the Gulf Cooperation Council Jasem Mohamed Albudaiwi. GCC
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GCC Sec-Gen Hails Saudi, UAE, Omani Pavilions at WEF

Secretary General of the Gulf Cooperation Council Jasem Mohamed Albudaiwi. GCC
Secretary General of the Gulf Cooperation Council Jasem Mohamed Albudaiwi. GCC

Gulf Cooperation Council (GCC) Secretary-General Jasem Mohamed Albudaiwi commended the distinguished content presented by the pavilions of the United Arab Emirates, the Kingdom of Saudi Arabia, and Sultanate of Oman at the 55th Annual Meeting of the World Economic Forum (WEF), stating that they reflect the significant development of economic, investment, and tourism projects in the GCC states.
This praise was expressed during his visit to the pavilions while attending the 55th Annual Meeting of the WEF in Davos, where he met with several esteemed ministers and officials representing the member states on Monday, SPA reported.
The GCC-Secretary General also praised the efforts of those responsible for the pavilions, highlighting them as an exceptional model for introducing the international community to the investment opportunities and strategic partnerships offered by the GCC countries. He noted that such initiatives enhance their standing as a global economic and tourism destination while contributing to the Council's ambitious vision for the future, strengthening cooperation with the international community to achieve sustainable development and prosperity for the peoples of the region.
Albudaiwi reaffirmed that these pavilions not only reflect the leadership of the GCC member states in investment and tourism but also constitute a strategic platform for boosting their presence at major international forums. They underscore the region's vast potential and promising investment opportunities, positioning the GCC as an indispensable global partner in achieving sustainable development.
In conclusion, the GCC-Secretary General highlighted the vital role of these pavilions in showcasing the economic and cultural strength of the GCC states, enhancing communication with the international community through the establishment of effective strategic partnerships. He added that these participations represent a genuine reflection of the GCC's ongoing ambition to achieve a leading status at both regional and global levels.