Saudi Arabia Extends 2018 Deposit at Yemen Central Bank, Pays Final Installment

A view of the coastal area of Aden, Yemen September 4, 2018. Picture taken September 4, 2018. (Reuters)
A view of the coastal area of Aden, Yemen September 4, 2018. Picture taken September 4, 2018. (Reuters)
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Saudi Arabia Extends 2018 Deposit at Yemen Central Bank, Pays Final Installment

A view of the coastal area of Aden, Yemen September 4, 2018. Picture taken September 4, 2018. (Reuters)
A view of the coastal area of Aden, Yemen September 4, 2018. Picture taken September 4, 2018. (Reuters)

Saudi Arabia on Monday extended a deposit it gave the central bank of Yemen's legitimate government in 2018, and agreed to pay the final installment of the promised $2 billion, the central bank and Saudi ambassador to Yemen said.

The Saudi finance ministry said the 2018 deposit duration would be extended and this would support Yemen's currency and economic situation.

The central bank, now based in Aden which is the interim headquarters of Yemen's government, said the final installment which would be paid amounted to $174 million.

Saudi Arabia last month said it would arrange a new support package of $3 billion for Yemen's economy: $2 billion from Riyadh and another $1 billion from the United Arab Emirates, also part of the coalition.

Riyadh's ambassador to Yemen Mohammed al-Jaber said on Twitter governance and technical discussions were taking place about a new $2 billion deposit that would come from the UAE and Saudi money.

The conflict has caused a serious devaluation of Yemen's currency and a shortage of foreign reserves, and has created what that United Nations calls the world's largest humanitarian crisis.



Iran Says It Downed US Drone and Attacked an Air Base in the UAE

A US MQ-9 drone (archive)
A US MQ-9 drone (archive)
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Iran Says It Downed US Drone and Attacked an Air Base in the UAE

A US MQ-9 drone (archive)
A US MQ-9 drone (archive)

Iran’s Mehr news agency reported on Monday, citing a statement by the Iranian Revolutionary Guard Corps, that Iran had shot down a US MQ-9 drone over the Strait of Hormuz using air defense missiles, causing it to crash into Gulf waters.

Iranian state TV, meanwhile, cited a statement by the Iranian army as saying that the military attacked the United Arab Emirates' Al Minhad Air Base with drones early ‌on Monday.


Report: GCC Countries Provided $6.1 Billion in Aid in 2025

Report: GCC Countries Provided $6.1 Billion in Aid in 2025
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Report: GCC Countries Provided $6.1 Billion in Aid in 2025

Report: GCC Countries Provided $6.1 Billion in Aid in 2025

A GCC statistical report revealed that the six Gulf Cooperation Council countries provided $6.1 billion in relief aid in 2025, accounting for around 21.7 percent of the world's total relief assistance.

In a report to mark World Humanitarian Day, which falls on August 19, the GCC Statistical Center said that "this indicator reflects the growing Gulf role in the humanitarian and relief work system at the international level."

It explained that this also comes within the framework of the importance the GCC countries place on protecting humanitarian workers and individuals who depend on aid for food, healthcare, and protection, as well as enhancing humanitarian solidarity in the face of crises.

Relief aid provided by the GCC countries is not limited to responding to immediate needs during emergencies, but rather extends to a number of vital sectors aimed at supporting the recovery of affected communities, boosting stability, and achieving sustainable development.

The report said "basic services" sectors accounted for 77.8 percent of total Gulf aid during 2025. This encompassed a wide range of fields, led by health, early recovery, services, water, governance, the environment, and reintegration of displaced persons, alongside other essential sectors, such as education and food security.

The report said that the health field accounted for 33.4 percent of aid, followed by early recovery with 23.2 percent, food security with 15.3 percent, education with 7 percent, and the contribution of other sectors amounted to 22.1 percent.

It noted that these figures "confirm the broad scope of the Gulf contribution to humanitarian work, combining urgent relief with supporting recovery, capacity building, and basic services, thereby strengthening the ability of affected communities to overcome crises and restore long-term stability."

It stressed that the GCC countries are among the most prominent international actors in the field of humanitarian and relief work, and that their development policies and rapid response to crises have contributed to consolidating their position as one of the world's largest donors of official and voluntary humanitarian aid.

The GCC Statistical Center was formed in 2011 and is based in Oman. It was established to be the official approved source for data, information, and statistics related to the GCC countries.


Saudi Arabia Condemns Developments in Niamey

A view of an empty street following a mutineers' attack on the airport and the presidency in Niamey, Niger, August 29, 2026. (Reuters)
A view of an empty street following a mutineers' attack on the airport and the presidency in Niamey, Niger, August 29, 2026. (Reuters)
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Saudi Arabia Condemns Developments in Niamey

A view of an empty street following a mutineers' attack on the airport and the presidency in Niamey, Niger, August 29, 2026. (Reuters)
A view of an empty street following a mutineers' attack on the airport and the presidency in Niamey, Niger, August 29, 2026. (Reuters)

Saudi Arabia condemned on Sunday the developments that took place in Niamey on Saturday, saying the Kingdom “stands in solidarity with the government and people of Niger against any attempt to undermine the country’s security and stability.”

A Foreign Ministry statement underlined the Kingdom’s support for all efforts that help “in safeguarding the security and sovereignty of Niger and protecting its resources against rebel groups.”

It wished Niger and its people continued security and prosperity.