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Yemen’s Al-Mahra Receives 2nd Batch of New Saudi Oil Derivatives Grant 

The second batch of the new oil derivatives grant is delivered to al-Mahra. (SDRPY)
The second batch of the new oil derivatives grant is delivered to al-Mahra. (SDRPY)
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Yemen’s Al-Mahra Receives 2nd Batch of New Saudi Oil Derivatives Grant 

The second batch of the new oil derivatives grant is delivered to al-Mahra. (SDRPY)
The second batch of the new oil derivatives grant is delivered to al-Mahra. (SDRPY)

Yemen’s al-Mahra province received on Saturday the second batch of the new Saudi oil derivatives grant. 

The Kingdom had announced that it would be providing the war-torn country with USD 200 million in oil grants through the Saudi Development and Reconstruction Program for Yemen (SDRPY). 

The first batch totaled 70,000 tons of fuel and the second batch included 4.5 million liters of diesel fuel. 

The grant is an extension of Saudi Arabia’s constant support of Yemen at the directives of Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Prince Mohammed bin Salman, Crown Prince and Prime Minister. 

The latest batch will help operate over 70 power plants in Yemen.  

It will directly go to operating hospitals and medical clinics, schools, government buildings, airports and ports. It will help boost economy and trade and ultimately improve living conditions throughout Yemen. 

A previous grant, worth USD 422 million, helped stabilize the Yemeni economy and bolster the state budget.  

It helped increase the purchasing power of citizens and improve security, services and living conditions.  

The grant was paid in full over the course of a year. 

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Saudi Arabia Welcomes Ceasefire in Lebanon

A resident walks amid the destruction in the southern Lebanese village of Zibqin on November 27, 2024, as people who had fled the war between Israel and Hezbollah returned to check on their homes after a ceasefire between the warring sides took effect. (AFP)
A resident walks amid the destruction in the southern Lebanese village of Zibqin on November 27, 2024, as people who had fled the war between Israel and Hezbollah returned to check on their homes after a ceasefire between the warring sides took effect. (AFP)
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Saudi Arabia Welcomes Ceasefire in Lebanon

A resident walks amid the destruction in the southern Lebanese village of Zibqin on November 27, 2024, as people who had fled the war between Israel and Hezbollah returned to check on their homes after a ceasefire between the warring sides took effect. (AFP)
A resident walks amid the destruction in the southern Lebanese village of Zibqin on November 27, 2024, as people who had fled the war between Israel and Hezbollah returned to check on their homes after a ceasefire between the warring sides took effect. (AFP)

Saudi Arabia welcomed on Wednesday the ceasefire in Lebanon, hailing the international efforts that helped achieve it.

In a statement, the Foreign Ministry hoped the ceasefire would lead to the implementation of United Nations Security Council Resolution 1701, preserve Lebanon’s sovereignty, security and stability, and ensure the safe return of the displaced to their homes.

The Muslim World League (MWL) welcomed the ceasefire, commending all efforts that contributed to ending the conflict and expressed its hope for continued security and stability for Lebanon and its people under its national sovereignty.

The Organization of Islamic Cooperation stressed the need for all parties to commit to the ceasefire agreement through the full implementation of Resolution 1701.

OIC Secretary General Hissein Brahim Taha underscored his full support for Lebanon’s stability and the right of its state to exercise its sovereignty across all Lebanese territories.

He called for humanitarian aid to meet the needs of those affected and for reconstructing what was destroyed in the war.

Moreover, he hoped that the ceasefire in Lebanon would pave the way for an immediate halt to the Israeli assault on Gaza and all occupied Palestinian territories.