Business in Brief [Archives:2007/1107/Business & Economy]
– PM submits his declearation of networth
Prime Minister Mujawar became the No. 114 official to submit his declearation of networth to the Supereme National Authority for Combating Corruption. Over a thousand applications for declearation of networth has been distributed to government agencies but response has been stagnating in spite of the law that sitpulates a 60-day period for submission of declearations.
– Ministry of Agriculture warns of weather changes effects
The Ministry of Agriculture has issued a statement warning agricultural producers and retailers of the impact of an expected change in weather, where cold tempratures will damage selected agricultural crops including several vegitables, this will affect the supply and prices of the agricultural products, and will have negative consequences on many farms in Sana'a, Dhamar, and Ibb governorates.
– MWF to hold 5th Economic Journalism Workshop
Media Women Forum is holding an economic journalism workshop from the 1 – 5 December 2007, where 30 journalists will participate from various newspapers and media. The workshop will tackle economic journalism and the global economy, is is the fourth workshop MWF holds in the last two years with the objective of improving economic and business journalism in Yemen.
– Bahran: New power plant in Dhamar
Minister of Energy Mustafa Bahran has stated that plans to establish the country's largest power transformational plant are on-going, stating that the powerplant will produce 400 Mega Watts, 200 out of which will be transformed to Sana'a Governorate. This powerplant, however, will run on conventional fuels.
– Al-Hawshabi calls for partnership with privet sector
Minister of Agriculture Mansour Al-Hashabi has called for establishing strategic partnership with civil society organizations, agricultural cooperatives, and the privet sector in order to establish a privet – public partnership in the Agricultural sector, and work with the ministry to improve the agricultural sector in Yemen.
– PM Mujawar demands a poultry sector assessment
Prime Minister Mujawar has demanded that the Ministry of Agriculture undertake an assessment of the poultry sector in Yemen in order to assess the sector's weaknesses and opportunities for development. This assessment was demanded following meetings between the Prime Ministers and many poultry producers to discuss their problems and concerns.
– Abu-Dhabi fund to finance development projects by US$ 310 million
The Abu-Dhabi fund for development has agreed to finance several infrastructure projects in Yemen, worth US$ 310 million, as a part of the pleadges of last year's donors conference in London. The projects include the Amran – Aden highway, highvoltage power cables, Water projects, and also financing the activities of the Social Fund for Development.
– Made-in-Yemen exhibition launched
Minister of Trade and Industry Yahya Al-Mutawakel has inagurated the Made-in-Yemen Exhibition, which started coinciding with the Small and Microenterprises conference held in Sana'a. The exhibition aims at increasing public condifence in Yemeni products and exhibiting some of the most famous Yemeni brand names.
– Chinese investors evaluate business opportunities in Aden Free Zone
An official delegation from China's Socialist party is currently holding discussions with the Aden Free Zone officials relating to possible investments in the Aden Free Zone. The Chinese has previously expressed interest in investing in the Aden Free Zone and also managing the Aden Container Port.
– Agro-business conference kicks off
The first conference for the general association of ago-business (agriculture, fisheries, and food processing) has kicked off in Sana'a last Tuesday, under the theme: “future planning for Yemen's food security”. The conference will discuss the development of agro-business in the country and the role of cooperative associations in growing the agricultural sector.
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