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  Yemen Photo Gallery has over 100 high quality photos from all parts of Yemen. Easy to download and can be very nice desktops on your PC.
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  History
  The Himyarites established their capital at Dhafar (now just a small village in the Ibb region) and gradually absorbed the Sabaean kingdom.
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  Yemen Photo Gallery has over 100 high quality photos from all parts of Yemen. Easy to download and can be very nice desktops on your PC.
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Business Listing Directory

YemenWeb.com offers a list of companies and corporates in Yemen that one can use to find out addresses, phone numbers and faxes of companies in Yemen. Please check it out. Click here.

Economy & Business Opportunity 

Invest your money in Aden Free Zone !! Over $800 millions are already invested.

Yemen does provide opportunities to foreign companies. With a need to increase agricultural production and improve erosion control, farming equipment is needed. Fishing equipment producers will also find a market in Yemen, as the government seeks to capitalize on its natural resources. As one of the leading producers of oil and gas equipment, U.S. producers should be able to market products in Yemen. Finally, the tourism sector is slated for dramatic growth as the government tries to capitalize on Yemen's attractions. Numerous resorts, hotels and restaurants could be in the works.

With the successful start-up of the Aden Free Zone Development program, Aden will occupy once again a leading role in international trade, transportation and global distribution.

The Port of Aden in one of the world's greatest natural harbors and is geographically strategically located at the crossroads of the Red and Arabian Seas with direct access to the Indian Ocean.

The Aden Free Zone will provide an international gateway to business opportunities in three continents – Asia, Europe, and Africa – and access to regional market of over 1 Billion people in Middle East, East Africa and the Indian sub-continent. Moreover, the development of modern transportation facilities and general infrastructure in Aden will spur new regional trade and business opportunities and economic growth.

Investment Environment:

After the unification on 22nd May, 1990 and the Republic of Yemen was established, many unified laws have been formed. Among them a unified law for investment ( law No 22 for the year 1991), which was issued on the 10th April, 1991. The said law contains (10) sections, (3) chapters and (85) articles. This law states in Article (1) of section (one) a designation to promote and regulate the investment of Yemeni, Arab and foreign capital subject to the provision of the law (investment law), within the context of public state policy and the goals and priorities of the economic and social development plan in the following sectors:-

bulletIndustry ( excluding prospecting for the extra oil, gas and minerals which are granted by special agreements).
bulletAgriculture and livestock resources including pisciculture and fishing.
bulletTourism
bulletHealth
bulletEducation and technical and vocational training
bulletTransportation
bulletConstruction and housing

Any other economic activity specified by Deputy of the Council of Ministers upon a proposal by the board of Directors of the Authority (and here is the General Investment Authority which has been established later, its head office located in Sana'a and its branches in all main governarates).


Through Section (2) of the law which deals with Goals and Benefits Accorded Projects article (A) states that State shall guarantee Yemeni, Arab and Foreign investors’ freedom to invest in Investment Policy in accordance with the provision of the law. And article (3) confirms that Arab and foreign Capital and Arab and Foreign Investors shall be at par with Yemeni Capital and Yemeni Investors without discrimination with respect to the rights, obligations, rules and procedures set forth in this law and the decrees and regulations enacted in execution thereof.
Exemption from compulsory price regulations and profit limiting is given to all projects products as per article (12) subject to the project not creating or indulging in monopolistic practices or trying to fix prices in overt or implicit agreement with other producers or vendors of similar products and services, but item (b) of the same article in cases of necessity, The council of ministers may enact compulsory price regulation in any of the following commodities, guided by the economic loss thereof:

bulletFlour and bread
bulletMilk and infant food stuff
bulletPharmaceutical

We have to highlight nationalizing projects in the law then we have to refer to item (a) of article (13) which says; Projects may not be nationalized or seized. Moreover their funds may not be blocked, Confiscated, frozen, withheld or sequestered by other than the courts of law and item (b) of the same article states that all or part of project real estate may not be expropriated save for the public wealth according to the law and against fair compensation on the basis of the market price of such real estate. In cases where the Invested funds, subject of such action, are foreign funds, such compensations may be freely transferred abroad regardless of any law or decree providing otherwise.
Read full story from Yemen Times. Full report

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Exporters to Yemen may find an agent though our service, submit your information and we will match it with interested businesses.
This service is also for importers from Yemen, and for all Yemeni companies.
  Search YW date base:
 

YW Database is a data base of several articles that have been gathered from many different sources in order to make it easy for a researcher to find cited articles about Yemen. All articles include their reference for accurate citations.

  Yemen Computer Company, Ltd.
 

Yemen Computer Co. Ltd. (YCC) was established in 1977 as a computer hardware and software distributor and vendor dealing with all computer and office suppliers products and services. YCC is the largest and most experienced computer specialist company in Yemen.

 

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