• 26 February, 2024
Geopolitics & National Security

Saudi gives Yemen money, urges peace talks after Yemen presidential council announced

Thu, 07 Apr 2022   |  Reading Time: < 1 minute

DUBAI (Reuters) – Saudi Arabia on Thursday welcomed the Yemeni president’s decision to transfer his powers to a new presidential council, urged the body to start negotiations with the Houthi group and said it would arrange $3 billion of support to the war-torn country’s economy, state news agency SPA said.

Two billion dollars would come from Riyadh and another $1 billion from the United Emirates, which is part of a Saudi-led military coalition which backs the internationally recognised government of President Abd-Rabbu Mansour Hadi against the Iran-aligned Houthis in Yemen.

Riyadh called for an international conference to support Yemen’s economy and also said it would give $300 million to the United Nations aid response to Yemen’s humanitarian crisis.

Chanakya Forum is now on . Click here to join our channel (@ChanakyaForum) and stay updated with the latest headlines and articles.


Dr. Abdul Jabbar

Apr 07, 2022
Seriously, i cant believe reading this news, I don't know what has hooded Saudi to do same thing before after doing war crimes for such a long time along with his allies US who have supported them in this war. Unfortunately many many life's has been lost, but I'm sure this treaty will have some meaning in the life of Yemenis, I hope so.

Leave a Comment