Yemen committed to settling existing debts

The Arab Monetary Fund chairman said it is unlike Yemen to pay debts late. (AFP)
Updated 11 February 2019
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Yemen committed to settling existing debts

  • The Arab Monetary Fund chairman says Yemen will pay the debts according to a new schedule
  • The AMF will prepare a detailed study of the current financial state in Yemen

DUBAI: Yemen’s government has said it remains committed to paying back loans to the Arab Monetary Fund (AMF) that were due in 2016, and once paid back millions of dollars more will be made available state news agency SPA reported.

Yemen borrowed the money to fund the fight against the Houthi militia, but have been unable to repay the funds by the agreed date.

Abdul Rahman Al-Humaidi, chairman of the Arab Monetary Fund, said Yemen would now pay the loans according to a new schedule.

But Humaidi said it was uncommon for Yemen not to repay its debt on time.

He said the AMF was ready to help Yemen modernize its central bank by preparing a comprehensive study of the current financial situation and the banking sector in Yemen.

Al-Humaidi said Arab Trade Financing Program would provide payments of up to $150 million once Yemen had repaid its existing debts.


Syrian authorities repair Deir Ezzor airport runway to prepare for resuming flights

Updated 23 February 2026
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Syrian authorities repair Deir Ezzor airport runway to prepare for resuming flights

  • Airport has been out of service for more than a decade because of civil war

LONDON: Syrian authorities are repairing key infrastructure at Deir Ezzor Civil Airport ahead of flights being resumed. Government forces have been in control of northeastern Syria since January.

Syria’s General Authority of Civil Aviation and Air Transport announced on Monday that technical and engineering teams are repairing the runway, essential facilities, and rebuilding the airport’s perimeter fence to meet international safety and security standards.

The airport has been out of service for more than a decade due to the civil war in the country, which damaged infrastructure, including several bridges in northeastern Syria, where towns are next to the Euphrates River.

The Syrian government regained control over the region from the Kurdish-led Syrian Democratic Forces through an agreement in January that established a ceasefire and outlined a phased integration of military and administrative structures.

On Sunday, Syrian authorities took over security responsibilities at Qamishli airport in Hasaka Province, northeastern Syria, as part of the agreement with the SDF.