YEMEN US Report On The
Middle EastThe Zionist entity is defeated by the Islamic, national resistance in Lebanon, Palestine -- President Ali Abdullah Saleh
Monday, 14 August 2006
President Ali Abdullah Saleh of Yemen has congratulated the Lebanese people for their victory against the Israeli army, according to Yemen News Agency (SABA).
In his remarks to a training course for leaders of guidance, president Saleh hailed resistance in Lebanon and Palestine, congratulating the Lebanese people for their victory against Israeli arrogance.
He said that the Zionist entity was defeated by the Islamic and national resistance in Lebanon and Palestine.World Bank approves a $20 million loan to support the Rainfed Agriculture and Livestock Project in Yemen
Thursday, 6 July 2006
The World Bank Board of Directors has approved today an International Development Association (IDA) credit for $20 million to support the Rainfed Agriculture and Livestock Project in Yemen.
The project includes a farmer-based system of seed improvement and management; livestock husbandry and health services; and productive rural development.IFC signs a $35 million loan to National Cement Company in Yemen
Friday, 30 June 2006
The International Finance Corporation (IFC) has signed a $35 million loan to National Cement Company in Yemen. IFC’s loan will support the construction of a greenfield cement plant at Al Anad, 70 km north of Aden.
The new plant will have an annual cement production capacity of 1.6 million tons and will include a 37.5 megawatt diesel-fired power plant.
National Cement Company is part of a group of businesses owned by the Haye Saeed Anam family or HSA, a leading Yemeni group of industrial and trading companies.World Bank discusses $400 million Country Assistance Strategy (CAS) for Yemen during 2006-2009
Saturday, 15 June 2006
The World Bank Board of Directors has discussed today the 2006-2009 Country Assistance Strategy (CAS) for Yemen. This CAS was prepared after extensive consultations with central and local government officials; civil society; private sector and donors. It also benefited from the Government’s Progress Report for the first two years of implementation of the First Poverty Reduction Strategy Paper (2003-2005) as well as the 2006 Country Assistance Evaluation prepared by the Independent Evaluation Group of the World Bank.
The new $400 million CAS will provide assistance based on four pillars: increasing non-oil growth, improving human development outcome, improving fiscal sustainability, and addressing the resource sustainability crisis.
Yemen represents the single largest development challenge in the Middle East and North Africa region. It is endowed with limited resources notably scarce water, limited arable land and declining oil reserves. Over 40 percent of the population is poor, nearly 50 percent of its population is below 15 years and population expected to double in the next 20 years. Yemen made limited economic and social progress over the period of implementing its First PRSP (2003-2005). The situation has begun to slowly improve with the re-commencement of economic reforms in July 2005, the formulation and early implementation of the National Agenda for Reform in 2006 and the rejuvenation of discussions for regional integration with neighboring countries and associated funding to develop the institutions, infrastructure and human capacities for such integration.World Bank approves a $50 million loan to support Yemen's Power Sector Project
Tuesday, 23 May 2006
The World Bank has approved today a $50 million loan to Yemen to help finance the Power Sector Project. The objectives of the Project are to relieve critical power supply constraints and enhance the overall technical efficiency and quality of electricity supply by supporting Yemen’s power sector reform initiatives and improving the efficiency of the Public Electricity Corporation.
Yemen is the least electrified country in the MENA region, with only about 40% of the total population having access to electricity. In rural areas, the electrification rate is very low at only about 20%. More than half of the rural power supply comes from cooperatives, the private sector, and auto-generation.World Bank approves a $25 million loan to improve fisheries resource management, conservation in Yemen
Thursday, 15 December 2005
The World Bank has approved today a $25 million credit to the Government of Yemen to improve fisheries resource management and conservation in Yemen.
Yemen with a coastline of 2,230 km has valuable fisheries resources. The fisheries sector is the second most important source of export revenues fo Yemen amounting to $210 million in 2004.KBR, Technip of France and JGC of Japan win a $2 billion contract to provide for Yemen's first LNG plant
Tuesday, 6 September 2005
KBR has announced today that Yemen LNG Company Ltd. has awarded KBR and its joint venture partners, Technip of France and JGC Corporation of Japan, a lump-sum turnkey contract valued at more than $2 billion to provide engineering, procurement, construction, pre-commissioning, commissioning, start-up and operations services for the country’s first liquefied natural gas (LNG) plant. KBR is the engineering, construction and services subsidiary of Halliburton.
Consisting of two liquefaction trains with a combined capacity of 6.7 million tons per year, the LNG plant will be located in the port of Balhaf on the southern coast of Yemen. The target for start-up of Train 1 is the end of 2008, with Train 2 due to come on-line approximately five months later.
The shareholders of the YLNG Company are Total (42.90%), Yemen Gas Company (23.10%), Hunt Oil Company (18%) and two Korean companies, SK Corporation (10%) and Hyundai Corporation (6%).ICRC, YRCS distribute water filters to households in Marran, materials to repair ponds damaged during the fighting
Friday, 3 May 2005
Since the end of May, a team consisting of three International Committee of the Red Cross (ICRC) staff and 20 Yemeni Red Crescent Society (YRCS) volunteers have distributed 1,100 water filters to households in Marran, Yemen a remote mountain area in the western part of Saada with a population of around 14,000. They have also provided timber, corrugated iron, cement and sand so people can repair some 35 ponds used for water collection that were damaged during the fighting.
From June to September last year, the area was the scene of intense fighting between the followers of Hussain Badreddin al-Houthi and Yemeni security forces. The fighting renewed in March this year.World Bank approves a $65 million loan for Basic Education Development project in Yemen
Monday, 27 September 2004
The World Bank last week approved a $65 million loan to the Government of Yemen to help increase access to basic education for all, especially girls and disadvantaged groups, enhance the quality of education and improve management and efficiency of the education sector.
In its first year, the Basic Education Development project will be launched in 10 governorates where new schools will be built and existing school rehabilitated. The implementation of the Project will expand gradually to the entire country. The project will also emphasize curriculum review and development and enhance the quality and provision of educational materials. It will support better teacher management and strengthen the education system supervision. The project will also help the Ministry of Education improve policy development, strategic planning, monitoring and evaluation; and implementation in curriculum review and development. By the time the project is completed, it is expected that enrollment in primary education will have increased by more than 20 percent country-wide.
Primary education enrollment in Yemen has increased from 25,000 students in 1970 to more than 4 million in 2003. Enrollment is approximately 65 percent, and the adult literacy rate is only 48 percent. Only 55 percent of primary school-aged girls are in schools country-wide and less than 30 percent in rural areas.World Bank approves $145 million in loans for Yemen to expand services, address water scarcity and provide infrastructure
Monday, 1 March 2004
The World Bank has approved $145 million in loans for three projects in Yemen aimed at expanding access to basic services, addressing water scarcity in farm areas and providing essential infrastructure to improve services and environmental conditions in poor communities.
The projects include a $60 million Social Fund for Development Project, a $40 million Groundwater and Social Conversation Project and a $45 million Third Public Works Project.Yemen expects to receive a number of U.S. boats offered to support coasts guard
Thursday, 19 June 2003
The Republic of Yemen would receive a number of boats offered by the United States as a support to coasts guard labor, said an Interior Ministry source quoted by Yemen News Agency (SABA).
The boats are expected in November.Secretary Powell congratulates Yemen on its conduct of third parlaimentary elections
Wednesday, 30 April 2003
"The United States extends its congratulations to the people of Yemen and the Yemeni government for its conduct of these elections," said Secretary of State Colin L. Powell. "On Sunday, April 27, the Republic of Yemen conducted parliamentary elections, the third in its history, based on principles of universal suffrage and direct ballots. Initial reports indicate that the election was mostly free and fair, with voter turnout estimated at 75 percent and greatly increased the participation of women voters since the last round in 1997."World Bank considers providing a $26 million loan to support Yemen-Sana'a Basin Water Management Project
Monday, 10 February 2003
The World Bank is considering providing a $26 million loan to support Yemen-Sana'a Basin Water Management Project with a total cost of $34 million.
The objective of the proposed project is to increase both the quantity and the useful life of the available resources within the Sana'a basin; and to increase the efficiency of agricultural use and so allow time for a gradual shift to a less water-based rural economy.IFC provides a $1.5 million loan to al-Ahlia Mineral Water Company in Ibb, Yemen
Tuesday, 7 January 2003
The International Finance Corporation (IFC) has signed an agreement to provide a loan up to $1.5 million to al-Ahlia Mineral Water Company (al-Ahlia) in Ibb, Yemen, , to modernize and upgrade the $4.5 million existing facilities of a mineral water bottling plant.
The modernization will involve installing a PolyEthylene Terephthalate (PET) bottle stretch blow moulding machine and PET bottle and polyethylene (PE) bag packing facilities.World Bank considers extending a $23 million loan to support Yemen-Port
Cities Development ProgramMonday, 6 January 2003
The World Bank is considering extending a $23.40 million loan to support Yemen-Port Cities Development Program with a total cost of $26.50.
The Port Cities Development Program seeks to facilitate investment and encourage the creation of employment opportunities in port cities.
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