Muhammad Ali Yasser News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Sunday, 4 July, 2021 - 06:15 Al Mahra Governor and SDRPY Director for Al Mahra Governorate receiving the Saudi oil grant (Asharq Al-Awsat) Riyadh - Asharq Al-Awsat Yemen’s Al Mahra governorate has received a new batch of Saudi oil derivatives, delivered as part of a grant initiative by the neighboring Kingdom. This time, the fuel delivery amounted to 5,500 metric tons of diesel that are meant to feed power plants across Al Mahra. Made through the Saudi Development and Reconstruction Program for Yemen (SDRPY), the transfer involved transporting 4,000 metric tons by the sea and 1,500 tons by land. The shipment will help reduce budget burdens suffered by the Yemeni government, limit the Yemen Central Bank’s spending of hard currency on fuel supplies from global markets, and stabilize the Yemeni rial’s exchange rate.

Saudi arabiaMuhammad ali yasserAbdullah baslimanAl mahra engLal mahraSaudi developmentYemeni oil companyEnergy companyReconstruction program for yemenYemen central bankReconstruction programசவுதி அரேபியாமுஹம்மது அலி ய்யாஸர்அல் மஹ்ராசவுதி வளர்ச்சிஆற்றல் நிறுவனம்