Since March 2015, Saudi Arabia has been leading a coalition of nine Arab countries in airstrikes against Yemeni rebels and their allies.
The aid money, around $1.5bn, will be distributed through humanitarian agencies and in co-ordination with the United Nations.
A further $2bn will be given to the Central Bank of Yemen to promote economic stabilisation of millions will be set aside to improve the country’s ports.
See here: Sky News