Yemeni Officials Hail Saudi Arabia’s New Financial Support

Saudi Ambassador to Yemen Mohammed Al-Jaber and the Yemeni Finance Minister. SPA
Saudi Ambassador to Yemen Mohammed Al-Jaber and the Yemeni Finance Minister. SPA
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Yemeni Officials Hail Saudi Arabia’s New Financial Support

Saudi Ambassador to Yemen Mohammed Al-Jaber and the Yemeni Finance Minister. SPA
Saudi Ambassador to Yemen Mohammed Al-Jaber and the Yemeni Finance Minister. SPA

Yemeni officials have commended the new economic support of $1.2 billion announced by the Kingdom of Saudi Arabia to the country.

The economic aid aims to cover salaries and operational expenses as well as to ensure food security in Yemen.

Chairman of Yemen’s Presidential Leadership Council (PLC) Dr. Rashad Al-Alimi has said that the new Saudi support reaffirms the Kingdom's honorable stance, led by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister.

He added that the economic aid reflects the Saudi leadership's commitment to supporting the Yemeni people, upholding their constitutional legitimacy, alleviating their humanitarian suffering, and safeguarding their legitimate rights in rebuilding state institutions, achieving peace, stability, and development in Yemen.

Al-Alimi emphasized that such a brotherly and humanitarian approach of the Kingdom consistently serves as a "safety valve not only for Yemen but also for the countries and peoples of the entire region, and for international peace and security.”

He also commended the efforts exerted by government institutions and the economic teams from the two countries, as well as the Saudi Development and Reconstruction Program for Yemen (SDRPY).

The chairman highlighted the new economic aid's contributions to achieving comprehensive reforms in various Yemeni sectors.

Saudi Ambassador to Yemen Mohammed Al-Jaber announced the $1.2 billion in financial aid on Tuesday to shore up the Yemeni currency, bolster the economy, and help the country pay its public employees, as well as for food and fuel imports.

Prime Minister Maeen Abdul Malik Saeed said his government will now be able to resolve the budget deficit, public employee payments, devaluation of the riyal, and food insecurity.

He thanked the Saudi leadership “for its unwavering support of Yemen’s government and people, as well as for its economic assistance to alleviate the suffering of our people and strengthen our national economy.”



US Revokes Foreign Terrorist Designation for Syria's HTS

Syria's interim President Ahmed al-Sharaa speaks during a Ministerial formation of the government of the Syrian Arab Republic, in Damascus, Syria March 29, 2025. (Reuters)
Syria's interim President Ahmed al-Sharaa speaks during a Ministerial formation of the government of the Syrian Arab Republic, in Damascus, Syria March 29, 2025. (Reuters)
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US Revokes Foreign Terrorist Designation for Syria's HTS

Syria's interim President Ahmed al-Sharaa speaks during a Ministerial formation of the government of the Syrian Arab Republic, in Damascus, Syria March 29, 2025. (Reuters)
Syria's interim President Ahmed al-Sharaa speaks during a Ministerial formation of the government of the Syrian Arab Republic, in Damascus, Syria March 29, 2025. (Reuters)

President Donald Trump's administration on Monday revoked the foreign terrorist organization designation for Hayat Tahrir al-Sham, as Washington moves to remove US sanctions on Syria to help the country rebuild following years of a civil war.

In December, opposition factions led by HTS ousted Syria's former president Bashar al-Assad in a lightning offensive. Then-HTS leader Ahmed al-Sharaa became Syria's president and said he wanted to build an inclusive and democratic Syria.

HTS was previously known as al-Nusra Front when it was al-Qaeda's Syria branch. It broke off ties with al-Qaeda in 2016.

In May, Sharaa met with Trump in Riyadh where, in a major policy shift, the Republican president unexpectedly announced he would lift US sanctions on Syria, prompting Washington to significantly ease its measures.

"This FTO revocation is an important step in fulfilling President Trump’s vision of a stable, unified, and peaceful Syria," Secretary of State Marco Rubio said in a statement, adding that the revocation will come into effect on Tuesday.

Last week, Trump signed an executive order terminating US sanctions program on Syria, a move that aims to end the country's isolation from the international financial system.

Syria's foreign ministry told Reuters that the lifting of sanctions on HTS was a "positive step toward correcting a course that previously hindered constructive engagement."

The written statement said Syria hoped the move would "contribute to the removal of remaining restrictions that continue to impact Syrian institutions and officials, and open the door to a rational, sovereign-based approach to international cooperation."

The ministry also said that Sharaa was planning to attend the upcoming United Nations General Assembly in September. The UN Security Council still has sanctions on both HTS and Sharaa himself, which require a Council decision to remove.