Almotamar.net - The Kuwaiti Fund for Arab Economic Development is to sign in Sana’a on 23 March, 2010 with the Yemen Ministry for Planning and International Cooperation, agreement on financing Socotra Port Project at an estimated cost of $ 50 million. It is scheduled tat the Director General of the Kuwaiti Fund would arrive in Sana’a next Monday for this purpose.
The Kuwaiti ambassador to Yemen Salem Ghasab al-Zamanan has emphasized that the signing of the agreement comes as culmination of talks held by officials of the Kuwaiti Fund with during the past period with officials t the Yemeni Ministry of Planning and International Cooperation where the two sides signed in first initials an agreement on 17 November 2009 , pointing out that funding the project comes within offering the finance amount that the state of Kuwait pledged to offer at the London Donor Conference in November 2006 , amounting to $200 million.
In a statement to Almotamar.net, the Kuwaiti ambassador expected that the Socotra Port would be among the important strategic projects in Socotra Archipelago and to constitute an effective economic addition to the Yemeni distinguished ports, pointing out that the project would contribute to support the economic and social development in the Socotra Island through activation of trade between the Island and the Yemeni ports.
A Saudi aggression fighter jet targeted a citizen's car driving in Fara area of Kutaf district in Saada province overnight, killing the driver and injuring his friend, a security official said on Monday.
Scores of Saudi enemy soldiers were killed and injured on Sunday when the army and popular forces repelled a Saudi military attempt to sneak into Shurfah site in the border province of Najran, a military official said.
The operation was accomplished successfully against the Saudi
Saudi aggression warplanes have launched more than 49 airstrikes over the past hours on several residential areas across Yemen, a security official said on Sunday.
The airstrikes targeted the areas of Malahiz and Husama in Dhahir district, and areas Thuban, Masahif and Sdad in Bakim district of northern Saada province.