JEDDAH: Saudi Arabia signed an agreement on Thursday to deposit $2 billion into the account of Yemen’s central bank, under the instruction of King Salman, the Saudi Press Agency reported.
The agreement was signed by the Kingdom’s Finance Minister Mohammed Al-Jadaan and Yemen’s Central Bank Governor Dr. Mohammed bin Mansour Zammam in Riyadh.
In January 2018, King Salman issued a directive to transfer $2 billion to Yemen’s central bank to “alleviate the suffering” of the Yemeni people.
In remarks following the signing ceremony, Al-Jadaan said that the agreement was a continuation of the Kingdom’s support for the Yemeni people, bringing the total of Saudi deposits at the central bank to $3 billion.
He said that this would enhance the financial and economic situation of Yemen, especially the Yemeni riyal exchange rate, which would be reflected positively in the living conditions of citizens.
Saudi Arabia has affirmed its continuing support for the Yemeni government and determination to assist it to restore security and stability to the country.
Last month, the King Salman Humanitarian Aid and Relief Center (KSRelief) also signed six agreements with organizations in Riyadh worth $3 million to help Yemenis displaced and injured by Houthi rebel actions.
KSRelief has targeted areas such as Maarib province, Al-Jouf, Imran, Sanaa, and Dimaar for the rehabilitation of child soldiers rescued from the Houthi rebels.
Earlier, Saudi Ambassador to Yemen Mohammed Al-Jabir told Arab News that the assistance provided by the center was not only supplying foods, medicines and clothes to distressed Yemenis.
There are some 2 million Yemenis working in the Kingdom and they send more than $10 million to their families in Yemen.
The bailout is expected to boost Yemen’s financial and economic situation while bolstering the Yemeni riyal. As the value of the riyal goes up, the living conditions of Yemeni citizens will improve.
“It’s not a loan, it’s a deposit and the legitimate Yemeni government will not have to pay it back,” a source close to the Saudi government said in January, according to Reuters.
The riyal currently trades at 500 to the dollar, down from about 215 before the war, a serious depreciation for a country that relies heavily on imports of basic foodstuffs.
In 2016 the Yemeni government moved the central bank to its second city Aden from the capital, where the Houthis operate their own rival central bank.
Saudi Arabia signs agreement to deposit $2bn in Yemen central bank
Saudi Arabia signs agreement to deposit $2bn in Yemen central bank
Islamabad family opens their home to hundreds during Ramadan
- Initiative runs on personal savings, avoids public donations and zakat restrictions
- Even after Pakistan’s record 38% inflation peak in 2023, family refused to stop serving
ISLAMABAD: As the sun dipped toward the horizon in Islamabad earlier this week, Syed Mohammad Umar Shah’s modest apartment building quietly transformed. Pots simmered, oil crackled and trays of dates and fritters were lined up with care.
Inside, Shah, his wife and their children moved with practiced rhythm — not preparing a private family meal but dinner for more than 100 strangers gathered downstairs to break their Ramadan fast.
Shah, a 45-year-old salaried employee, has been running this daily iftar for almost a decade. He calls those who arrive each evening “Guests of Allah.”
In Ramadan, the Islamic holy month marked by fasting from dawn to sunset, hunger is meant to foster empathy.
Across Pakistan, communal meal spreads known as dastarkhwans are laid out nightly to feed laborers, passersby and the poor. Many are organized through mosques, charities or neighborhood committees.
The Shah family’s initiative operates differently. It runs from their own kitchen, funded largely through personal savings and a small circle of relatives and friends. There are no banners, no institutional sponsorship and no public donation boxes.
“We started from home. Whatever food we cooked at home, we simply began cooking a little extra and started giving it to those people,” Shah said.
“Our effort is always to cook properly, food that we ourselves eat at home. The quality must be clean and good.”
The family’s commitment endured through one of Pakistan’s most punishing economic periods in decades. Inflation peaked at 38 percent in May 2023, according to official data, driven by energy price adjustments, currency depreciation and fiscal reforms tied to a $7 billion IMF stabilization program.
Food prices surged, pushing millions closer to the poverty line. Even middle-income households felt the strain. “As inflation keeps rising, it is becoming difficult for us too because I am a salaried employee,” Shah said. “In the past, we offered a lot of variety … but now, since inflation is rising and salaries are not increasing proportionally, we serve within our means.”
Where the menu once featured dishes such as nihari and chapli kebabs, it has since been simplified. Today, the iftar spread includes pakoras, samosas, jalebis, bread, curry, dates and sharbat.
The family rotates meals every two weeks to avoid repetition and ensure variety. “People should step forward, especially in this inflation, when it is becoming difficult for many to afford food,” Shah added.
“They should see how they can help others.”
The work begins long before sunset. Preparation starts at sahoor, the pre-dawn meal before fasting commences, and continues through the day.
“Our work begins from sehri time because many items must be prepared,” said Mrs. Omer Shah, who managed the kitchen logistics. “For example, pakoras and samosas need preparation. For samosas, we knead the dough, roll it and prepare them in advance. We boil potatoes, chop onions; all this work begins at sehri time.”
Years of constant cooking has taken a toll. She previously required surgery on her hand to remove a lump developed from repetitive strain. Still, she continues overseeing the operation.
Mohammad Bhutta, a cook who had learned under her guidance, helps manage the scale.
“Baji (Mrs. Omer) taught me the work,” Bhutta said as he dipped jalebis into hot oil. “I cook food, bread and curry. We prepare jalebis, pakoras, samosas, dates, sharbat.”
Each evening, as the call to prayer marks sunset, plates are distributed outside. Laborers, sanitation workers and passersby sit shoulder to shoulder.
In a capital often defined by politics and bureaucracy, the daily gathering beneath Shah’s building offers a quieter portrait of Ramadan, one built not on institutional charity, but on family labor, personal sacrifice and the belief that generosity should mirror what one serves at one’s own table.
Unlike many Ramadan initiatives, the family chooses not to collect zakat, the obligatory Islamic alms that must be distributed to specific eligible categories under religious guidelines.
Accepting zakat would have required screening recipients, something Shah did not want to do.
“We have not placed any donation box outside, nor do we collect funds publicly,” Shah said.
And the goal, he insisted, went beyond feeding hunger: “When food is unique, good, not repetitive, and served with love and kindness and when you speak gently to people, heartfelt prayers naturally come out.”










