14 Dec 2010
(MENAFN) Nouman Al Suhaibi, Yemen’s Finance Minister, announced that the country shall receive $640 million in funding from international financial funds and institutions to help reduce its budget deficit, Reuters reported.
Yemen has secured $370 million in funding from the International Monetary Fund over the next three years, $200 million from the Arab Monetary Fund and $70 million from the World Bank, revealed Al Suhaibi.
The Arab world’s poorest country’s economy is forecasted to expand by 7.6 percent this year due to liquefied natural gas production and 5 percent growth in non-oil sectors, stated Al Suhaibi.
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more