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Saudi Arabia Sends $50 MN in Fourth Aid Installment to Jordan

The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense.
The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense.
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Saudi Arabia Sends $50 MN in Fourth Aid Installment to Jordan

The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense.
The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense.

The Saudi Foreign Ministry has disbursed $50 million to Jordan as part of a fourth aid installment to help the country fund its budget.

The move came at the directives of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud.

At the 2018 Makkah Summit, Saudi Arabia, Kuwait and the UAE approved a package of economic aid to Jordan totaling $2.5 billion by 2023. Each of the three countries agreed to send $50 million annually to Jordan.

Saudi Arabia said the move strengthens the fraternal ties between the two Kingdoms and affirms the Saudi permanent backing for the government and people of Jordan to support its development projects in the general budget.

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Gulf

GCC Welcomes Agreement between Yemen Govt, Houthis

Hans Grundberg, the U.N. special representative for Yemen, speaks during an interview with The Associated Press in Cairo, Egypt, on Aug. 28, 2023. (AP)
Hans Grundberg, the U.N. special representative for Yemen, speaks during an interview with The Associated Press in Cairo, Egypt, on Aug. 28, 2023. (AP)
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GCC Welcomes Agreement between Yemen Govt, Houthis

Hans Grundberg, the U.N. special representative for Yemen, speaks during an interview with The Associated Press in Cairo, Egypt, on Aug. 28, 2023. (AP)
Hans Grundberg, the U.N. special representative for Yemen, speaks during an interview with The Associated Press in Cairo, Egypt, on Aug. 28, 2023. (AP)

Gulf Cooperation Council (GCC) Secretary-General Jasem Mohamed Albudaiwi welcomed on Wednesday the agreement between the legitimate Yemeni government and Iran-backed Houthi militias to de-escalate the situation with regard to the Yemeni banking sector and airlines.

The agreement was announced by the United Nations Secretary-General's Special Envoy to Yemen, Hans Grundberg, on Tuesday.

Albudaiwi expressed the GCC's support for all regional and international efforts and the efforts led by the UN special envoy aimed at achieving peace and security in Yemen.

The announcement underscores the importance the international community attaches to the Yemeni crisis, he added, hoping the agreement will pave the way for Yemeni parties to start the political process, under UN auspices, to reach a comprehensive political solution that achieves security and stability in the country.

He reiterated the GCC's continued support and full solidarity with Yemen, its government and people, and its keenness to encourage all efforts to de-escalate and maintain stability in order to reach peace.