Saudi Arabia Offers Yemen’s Central Bank New Support to Bolster Economic Stability

The Central Bank of Yemen in the interim capital Aden. (Government media)
The Central Bank of Yemen in the interim capital Aden. (Government media)
TT

Saudi Arabia Offers Yemen’s Central Bank New Support to Bolster Economic Stability

The Central Bank of Yemen in the interim capital Aden. (Government media)
The Central Bank of Yemen in the interim capital Aden. (Government media)

Saudi Arabia has provided new support to the Central Bank of Yemen as part of its ongoing efforts to stabilize the country's economy and financial sector, following directives from the Kingdom's leadership.

The Saudi Development and Reconstruction Program for Yemen (SDRPY) said the assistance aims to strengthen economic, financial, and monetary stability. It is also designed to build the capacity of government institutions while improving governance and transparency.

The support further aims to enable the private sector to contribute to sustainable economic growth, create job opportunities, and drive socio-economic development.

The SDRPY noted that this assistance will contribute to boosting purchasing power, improving living standards, and stimulating commercial activity. Additionally, it aims to create an environment conducive to sustainable economic recovery and development in Yemen.

The new support builds on Saudi Arabia's continuous economic and developmental assistance to Yemen. In February, the Kingdom provided 1.3 billion riyals to support the Yemeni budget for operational expenses and salaries, followed by another installment of over 224 million riyals in June for the same purpose.

The SDRPY, established in 2018, implements projects and initiatives across various development sectors, in addition to providing institutional and technical support to build the capacity of Yemeni government institutions.



UN Human Rights Chief ‘Appalled’ by Attacks on Airports Saudi Arabia

 General view of the highway leading to the King Khalid International Airport in Riyadh, Saudi Arabia, October 12, 2026. (Reuters)
General view of the highway leading to the King Khalid International Airport in Riyadh, Saudi Arabia, October 12, 2026. (Reuters)
TT

UN Human Rights Chief ‘Appalled’ by Attacks on Airports Saudi Arabia

 General view of the highway leading to the King Khalid International Airport in Riyadh, Saudi Arabia, October 12, 2026. (Reuters)
General view of the highway leading to the King Khalid International Airport in Riyadh, Saudi Arabia, October 12, 2026. (Reuters)

United Nations High Commissioner for Human Rights Volker Türk condemned on Monday the repeated attacks carried out by the Houthis on airports in Saudi Arabia.

“I am appalled by the repeated attacks over the past few days by the Houthis on airports in Saudi Arabia, which have killed and injured dozens of Saudis and foreign nationals, notably the horrific attack on Riyadh’s main airport,” he said in a statement.

“Attacks on civilians and civilian infrastructure are prohibited under international humanitarian law. These attacks and other alleged violations by all parties to this conflict must be investigated, and those found responsible held to account,” he added.

“The disastrous toll of this conflict on civilians, both in Yemen and in Saudi Arabia, is a reminder to all parties that continued fighting will only unleash further misery with no end in sight,” he warned.

“In addition to the duty to respect the principles of distinction and proportionality, all parties have the obligation, under international humanitarian law, to take constant care to spare civilians. I urge them to de-escalate and avert further catastrophe,” he stressed.


Saudi Grand Mufti: Houthi Militia's Targeting of Holy Sites Is a Grave Crime with Dire Consequences

Grand Mufti of Saudi Arabia, Chairman of the Council of Senior Scholars, and President of the General Presidency of Scholarly Research and Ifta Sheikh Dr. Saleh bin Fawzan Al-Fawzan. (SPA)
Grand Mufti of Saudi Arabia, Chairman of the Council of Senior Scholars, and President of the General Presidency of Scholarly Research and Ifta Sheikh Dr. Saleh bin Fawzan Al-Fawzan. (SPA)
TT

Saudi Grand Mufti: Houthi Militia's Targeting of Holy Sites Is a Grave Crime with Dire Consequences

Grand Mufti of Saudi Arabia, Chairman of the Council of Senior Scholars, and President of the General Presidency of Scholarly Research and Ifta Sheikh Dr. Saleh bin Fawzan Al-Fawzan. (SPA)
Grand Mufti of Saudi Arabia, Chairman of the Council of Senior Scholars, and President of the General Presidency of Scholarly Research and Ifta Sheikh Dr. Saleh bin Fawzan Al-Fawzan. (SPA)

Grand Mufti of Saudi Arabia, Chairman of the Council of Senior Scholars, and President of the General Presidency of Scholarly Research and Ifta Sheikh Dr. Saleh bin Fawzan Al-Fawzan condemned on Monday the terrorist Houthi militia’s attacks against holy sites in the Kingdom.

In remarks carried by the Saudi Press Agency, he stressed: “The terrorist Houthi militia's targeting of civilian facilities and the killing of innocent people, including worshippers heading to the Grand Mosque and the Prophet's Mosque, is among the gravest of crimes for which Allah Almighty has threatened painful punishment.”

“Throughout history, no one has followed the path of this criminal gang in targeting holy sites and those heading to the Sacred House of Allah without facing destruction and dire consequences,” he added.

“We ask Allah Almighty to put an end to these criminals and protect our country and Muslim countries,” he said.


Fourth Group of Custodian of the Two Holy Mosques' Umrah and Visit Program Performs Umrah

The fourth group comprises 250 pilgrims from 21 countries across Asia, Europe, and Oceania. (SPA)
The fourth group comprises 250 pilgrims from 21 countries across Asia, Europe, and Oceania. (SPA)
TT

Fourth Group of Custodian of the Two Holy Mosques' Umrah and Visit Program Performs Umrah

The fourth group comprises 250 pilgrims from 21 countries across Asia, Europe, and Oceania. (SPA)
The fourth group comprises 250 pilgrims from 21 countries across Asia, Europe, and Oceania. (SPA)

Guests from the fourth group of the Custodian of the Two Holy Mosques' Umrah and Visit Program, implemented and supervised by the Saudi Ministry of Islamic Affairs, Dawah and Guidance, performed Umrah at the Grand Mosque after arriving in Makkah from Madinah, where they visited the Prophet's Mosque and several Islamic and historical sites.

The ministry provided comprehensive services, including reception, accommodation, and transportation, to facilitate the guests' performance of Umrah rituals, reported the Saudi Press Agency on Monday.

The guests praised the warm hospitality and well-organized services, expressing their gratitude to the Saudi leadership for its care for Islam and Muslims and its efforts to facilitate Hajj and Umrah.

Their program in Makkah includes scientific and cultural meetings and visits to the King Abdulaziz Complex for the Holy Kaaba Kiswa and the Revelation Exhibition.

The fourth group comprises 250 pilgrims from 21 countries across Asia, Europe, and Oceania.