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Saudi Arabia to invest $500 mn in Yemen development projects: defence minister

Saudi Arabia announces $40 mn donation to UN agency for Palestinians
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Saudi Arabia is to invest over $500 million in development projects in Yemen, the Gulf monarchy’s defence minister said on Wednesday, after Riyadh-backed forces in recent weeks repelled an offensive by separatists supported by the United Arab Emirates.

The Saudi defence minister, Prince Khalid bin Salman, wrote on the social media platform X of the launch of “development projects and initiatives in vital sectors at a cost of 1.9 billion riyals ($506 million)” across 10 Yemeni governorates.

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AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

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