In Brief [Archives:2002/13/Business & Economy]

Total banks budgets surge
The overall budget of commercial banks operating in Yemen rose to YR 358 billion in 2002 against YR 299 billion at the end of 2000, an increase of 20 percent. The amount of deposits at banks amounted to YR 308 billion to the end of the last year, against YR 251 billion at the end of 2000 at an increase rate of 19 percent.
Yemeni agricultural products to Saudi Arabia
Saudi customs General-Director, Saleh Ali al-Barak, said, the Saudi markets are now open for all Yemeni agricultural products conforming to the Saudi standards. Yemeni agricultural products will also be prioritized at the Saudi markets for its relative quality, according to the statement of al-Barak following his meeting with Yemeni officials in Sanaa.
Immigrants protection draft law
The cabinet has approved a draft law for protecting and supporting immigrants investments. The cabinet has also decided to raise the minimum pensions to 7,000 as of 2002.
Oil promotion symposium
A symposium for promoting oil is due next April in Doha, Qatar. Available oil and mineral projects in Yemen will be marketed during this symposium.

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