Gulf investors to carry out projects in Yemen
Thursday 08/November/2007
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sabanews/hadhramout website
حجم الخط
A Gulf delegation of investors arrived in Sana'a Saturday to follow
along with Yemeni officials ongoing preparations to carry out
investment projects in Yemen.
The delegation would review preparations for setting up a bank, with a capital of $200 million, to be financed by the International Islamic Union and the United Holding Company in addition to carrying out a number of tourist, landed and developmental projects.
In a statement to Saba, the delegation pointed that the projects announced at the Conference of Exploring Investment Opportunities in Yemen, last April, would strengthen the economic and political cooperation between Yemen and Gulf states.
The delegation included Mashal bin Abdul-Aziz, head of Al-Rajhi Group for Investment, Matrak bin Fahad Al Break, chairman of the Modern Holding Group and heads and representatives of other companies.
In a statement to Saba, the delegation pointed that the projects announced at the Conference of Exploring Investment Opportunities in Yemen, last April, would strengthen the economic and political cooperation between Yemen and Gulf states.
The delegation included Mashal bin Abdul-Aziz, head of Al-Rajhi Group for Investment, Matrak bin Fahad Al Break, chairman of the Modern Holding Group and heads and representatives of other companies.
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