Investors from Gulf Countries Study Investment Possibilities in Yemen [Archives:2001/06/Business & Economy]

February 5 2001

Abu Dhabi Chamber of Commerce is organizing during 6-7 January of this month a seminar about the investment possibilities in the mineral and oil sectors in Yemen. This comes as a direct consequence of the agreement protocol between signed last May by the Ministries of Oil and Mineral Resources of Yemen and the UAE. The Seminar aims at focusing on the chances of investing in Yemen according to the present investment conditions and laws. The seminar also proposed a possible commercial partnership agreement between Investors from the Gulf and Yemeni investors. On another level, a Yemeni delegation headed by Minister of Oil Mohammed Al-Khadem Al-Wajeeh will start regional visits and tours to promote investment in Yemen.