UAE pledges $230m aid to Yemen

The aid will help to fund international programs that meet Yemenis’ medical, nutritional, and food security needs. (File/AFP)
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Updated 27 February 2021
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UAE pledges $230m aid to Yemen

  • The UAE has provided more than $6 billion worth of aid to Yemen since 2015

DUBAI: The UAE has committed additional aid of $230 million to war-torn Yemen, ahead of the United Nations Pledging Conference, the state news agency WAM has reported.

The aid will help to fund international programs that meet Yemenis’ medical, nutritional, and food security needs.

The UAE has provided more than $6 billion worth of aid to Yemen since 2015, primarily focusing on supporting the country’s humanitarian needs, such as education and other vital services.

The UAE has also been one of the largest international contributors to Yemen’s COVID-19 response, the report said.

“Over the course of the pandemic, the UAE has sent 122 tonnes of medical supplies to Yemen to boost the efforts of 122,000 healthcare workers to contain COVID-19,” said Reem bint Ibrahim Al-Hashemy, UAE Minister of State for International Cooperation.

Al-Hashemy said the country was conducting a review of the humanitarian situation in Yemen, particularly monitoring indicators of health, food security and malnutrition.

She highlighted the importance of delivering aid to the most vulnerable groups in the country.

“We look forward to working with humanitarian actors on the ground, from both the UN as well as the INGO community to ensure that aid is delivered to those that are in most need,” the minister added.

The UAE supports a political solution to the conflict in Yemen, Al-Hashemy reiterated, mentioning the implementation of the Saudi-led drive toward a power-sharing agreement between the internationally recognized government and the Southern Transitional Council.


The Family Office to host global investment summit in Saudi Arabia

Updated 18 January 2026
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The Family Office to host global investment summit in Saudi Arabia

RIYADH: The Family Office, one of the Gulf’s leading wealth management firms, will host its exclusive investment summit, “Investing Is a Sea,” from Jan. 29 to 31 on Shura Island along Saudi Arabia’s Red Sea coast.

The event comes as part of the Kingdom’s broader Vision 2030 initiative, reflecting efforts to position Saudi Arabia as a global hub for investment dialogue and strategic economic development.

The summit is designed to offer participants an immersive environment for exploring global investment trends and assessing emerging opportunities and challenges in a rapidly changing financial landscape.

Discussions will cover key themes including shifts in the global economy, the role of private markets in portfolio management, long-term investment strategies, and the transformative impact of artificial intelligence and advanced technologies on investment decision-making and risk management, according to a press release issued on Sunday.

Abdulmohsin Al-Omran, founder and CEO of The Family Office, will deliver the opening remarks, with keynote addresses from Saudi Energy Minister Prince Abdulaziz bin Salman and Prince Turki Al-Faisal, chairman of the King Faisal Center for Research and Islamic Studies.

The press release said the event reflects the firm’s commitment to institutional discipline, selective investment strategies, and long-term planning that anticipates economic cycles.

The summit will bring together prominent international and regional figures, including former UK Treasury Commercial Secretary Lord Jim O’Neill, Mohamed El-Erian, chairman of Gramercy Fund Management, Abdulrahman Al-Rashed, chairman of the editorial board at Al Arabiya, Lebanese Minister of Economy and Trade Dr. Amer Bisat, economist Nouriel Roubini of NYU Stern School of Business, Naim Yazbeck, president of Microsoft Middle East and Africa, John Pagano, CEO of Red Sea Global, Dr. Anne-Marie Imafidon, MBE, co-founder of Stemettes, SRMG CEO Jomana R. Alrashed and other leaders in finance, technology, and investment.

With offices in Bahrain, Dubai, Riyadh, and Kuwait, and through its Zurich-based sister company Petiole Asset Management AG with a presence in New York and Hong Kong, The Family Office has established a reputation for combining institutional rigor with innovative, long-term investment strategies.

The “Investing Is a Sea” summit underscores Saudi Arabia’s growing role as a global center for financial dialogue and strategic investment, reinforcing the Kingdom’s Vision 2030 objective of fostering economic diversification and sustainable development.