Yemen Engages in 2026 Annual Joint Meetings of Arab Financial and Investment Bodies

Yemen Engages in 2026 Annual Joint Meetings of Arab Financial and Investment Bodies

The Republic of Yemen actively participated today in the 2026 Annual Joint Meetings of Arab Financial and Investment Bodies. Conducted via video conferencing, the meetings saw broad participation from various Arab nations and regional financial institutions.

Key Events and Discussions

The agenda included several significant events, highlighting key discussions among financial leaders. Notably, the meetings featured sessions conducted by the Boards of Governors for the Arab Fund for Economic and Social Development, the Arab Monetary Fund, and the Arab Bank for Economic Development in Africa. Additionally, the Board of Shareholders of the Arab Investment and Export Credit Guarantee Corporation, the Board of Governors of the Arab Authority for Agricultural Investment and Development, and the Supervisory Board of the “Bader” Fund for Small and Medium Enterprises Development convened to address pressing economic issues.

Yemen’s Representation and Commitment

Yemen’s delegation was led by Engineer Loay Ahmed Khudabakhsh, the Chairman of the General Investment Authority. He participated in the opening session and chaired Yemen’s delegation during the meeting of the Board of Shareholders of the Arab Investment and Export Credit Guarantee Corporation.

During these meetings, Yemen reiterated its appreciation for the pivotal role played by the institution in fostering a conducive investment climate and enhancing intra-Arab trade. The country praised the achievements made in 2025 and acknowledged the ongoing efforts to update the founding agreement while expanding the institution’s services and tools.

Support for Proposed Amendments and Addressing Investment Risks

Yemen expressed its fundamental support for the proposed amendments to the agreement, viewing these changes as a qualitative step toward the development of the guarantee system, export credit, and reinsurance. The country emphasized the need to consider the unique circumstances of nations facing exceptional conditions. Yemen called for practical programs to build capacities and for evaluation methodologies that respect the uniqueness of each project, rather than applying a blanket risk classification at the national level.

In this context, the Board of Directors of the institution expressed its readiness to explore practical mechanisms to reduce costs associated with investment and trade risks, particularly addressing insurance costs for shipping and investment in liberated Yemeni ports. This participation underscores Yemen’s commitment to enhancing its investment landscape while fostering regional cooperation in financial and economic development.