Their News [Archives:2008/1189/Local News]

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September 11 2008

– Hyundai, the delivery of a new star

The National Company (NATCO) held a great party on the occasion of the delivery of the new star from Hyundai, Geneses. The ceremony was attended by a number of the country's very important personalities, including foreign and Arab diplomats and Yemeni businessmen.

During the ceremony, the latest models of Hyundai cars for the year 2009 were displayed. Their amazing designs and unique shapes attracted the attention of the audience. Many were assisted by sales agents to acquaint themselves with the luxurious vehicles and were further briefed on what the cars have to offer.

The Minister of Foreign Affairs, Abu Bakr Al-Qirbi, cut the ribbon to reveal Geneses, the star of the show, which amazed the audience with its unique design, elegance, luxurious interior as well as improved and strengthened mechanical design.

Hyundai Yemen affirms their great commitment to providing Yemenis with the latest cars from different international trademarks.

– UNDP and the Government of Italy singed the Cost Sharing Agreement for the Extension of Improve Trade and Industry License Registration Capabilities project

United Nations Development Programme UNDP and the Government of Italy singed today the Cost Sharing Agreement for the Extension of Improve Trade and Industry License Registration Capabilities project. The signing ceremony was patronage and attended by H.E. Dr. Yahia Al Mutawakel, Minister of Trade and Industry.

The initial project, that started early in 2006, aimed to improve trade and industry registration through the introduction of Information Technology in the Ministry of Trade and Industry MoIT. The main goal of the project was to build up the capacity in this sector to improve a modernized business environment. Also, it aimed to strengthen Trade and Industry License Administration to reduce the bureaucratic procedures and time consuming processes in acquiring business permit. The USD 413,589 extension of this project, funded by Italian Government, is an opportunity to modernize and strengthen Licensing Administration procedures to enable business environment thus to facilitate investment procedures in Yemen. Particularly, it aims at supporting business services at the central and local level, enhancing e-government, capacity building in the MoIT, and supporting the statistic department as an advisory body focal point for trade policy related issues, under the Integrated Framework approach. The CSA was signed by Ms. Pratibha Mehta, UNDP Resident Representative and H.E. Mr. Mario Boffo, the Italian Ambassador in Sana'a. The signing ceremony was attended by:

H.E. Eng. Hisham Sharaf, Deputy Minister of Planning for International Cooperation, Mr. Selva Ramachandran UNDP Country Director, Mr. Walter Di Martino, Deputy Head of Mission in the Italian Embassy, officials from the Yemeni Government, UNDP, Italian Embassy, and others

UNDP is the UN's global development network, advocating for change and connecting countries to knowledge, experience and resources to help people build a better life. We are on the ground in 166 countries, working with them on their own solutions to global and national development challenges. As they develop local capacity, they draw on the people of UNDP and our wide range of partners.
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