SAUDI ARABIA

Fourth batch of Saudi oil derivatives grant arrives in Aden

April 10, 2023
The Saudi aid shipment arrives at the oil port in Aden.
The Saudi aid shipment arrives at the oil port in Aden.

ADEN — The fourth batch of the Saudi Oil Derivatives Grant for Yemen, consisting of 150,000 metric tons of diesel and 100,000 metric tons of mazut, has arrived at the oil port in Aden.

This initiative is part of Saudi Arabia's ongoing efforts to support the Yemeni people, in response to a request by the Yemeni government to help provide oil derivatives to operate over 70 power generation plants across Yemen.

The directive to provide this grant was issued by Custodian of the Two Holy Mosques King Salman and Crown Prince and Prime Minister Mohammed bin Salman.

The grant is a testament to the Kingdom's commitment to achieving security, stability, and development in Yemen and is an extension of previous grants amounting to $4.2 billion.

The Saudi Oil Derivatives Grant is part of the Saudi Program for the Development and Reconstruction of Yemen (SDRPY), which has implemented 229 projects and initiatives across Yemeni governorates to serve Yemenis in seven main sectors, including education, health, water, energy, transport, agriculture, and fishery, as well as building the capacity of government institutions, in addition to other development programs. — SPA


April 10, 2023
280 views
HIGHLIGHTS
SAUDI ARABIA
16 hours ago

Saudi, Russian foreign ministers discuss regional issues in phone call

SAUDI ARABIA
17 hours ago

Saudi King and Crown Prince express condolences over deadly mid-air collision in Washington

SAUDI ARABIA
18 hours ago

MWL chief meets Italian president in Rome; thanking him for supporting two-state solution