The UAE Government yesterday pledged Dh2.4 billion (US$650 million) to help Yemen reverse the instability that blights the country.
The grant is one of the largest ever made by the Abu Dhabi Fund for Development (ADFD).
The money will be spent on development projects in Yemen covering infrastructure, energy, water, transport and education.
The fund was announced after an agreement was signed by the Foreign Minister and vice chairman of the ADFD, Sheikh Abdullah bin Zayed, and his Yemeni counterpart, Abu Bakr al Qirbi.
“The grant reflects our commitment to the sustainable development of Yemen,” Sheikh Abdullah said in a statement yesterday. “The support contributes to ensuring the long-run stability of the diverse communities in the region, which is interlinked to socio-economic prosperity.” The National