almotamar.net - Dubai- the first session of the Yemeni-Gulf Business Forum was held the day before yesterday in cooperation with Shihab Centre for Financial Investments. The meeting is in preparation for the Investment Opportunities Exploration in Yemen Conference scheduled to convene in Sana'a on 8-10 next April under supervision of the Gulf Cooperation Council's general secretariat.
The opening speech was delivered by Dr Shihab al-Azazi, president of the forum and head of Shihab Centre for Financial Investments. He spoke about the idea of the forum and its goals and the projects proposed to be built in Yemen, support of Gulf Yemen cooperation and the necessity of heading for building joint projects with Yemen, activation of commercial and economic investment and requesting the Yemeni side to provide the support for the forum by providing it with all information necessary for establishment those projects on the ground.
On his part Dr Mohammed al-Shami the Dean of the Faculty of Business Management at Oman University of Technology and sickness said the investment climate in Yemen improved much and the proportion of taxation e3xempt now reaches to around 100% regarding productive inputs and also there is exempt from taxes for seven years for projects built in Yemeni main cities and for 12 years for projects constructed in other cities. Also, the Yemeni government offers plots of land free of charge for building big projects let alone facilitating investment through the one window so that the effort of the investor will not be dispersed in following up necessary licenses in various departments. He added that Yemen possession of the longest coastal line in the Arabian Peninsula; gives it an advantage in building projects of fish industry and ports.
The conference was concluded by calling for establishment of Islamic Federation International Bank and a holding company with one billion dollars capital in which Yemeni businessmen contribute by 20% and the recommendation for attemding the the conference on exploring investment opporetunities to be held in Yemen as well as holding periodic meeting for the foirum
The United Arab Emirates acknowledged on Tuesday that two of its pilots were killed when their military aggression plane crashed over Jawf province, a military official said
The official added that the aggressive crashed plane was an apache that was
Artillery of the army and popular shelled a gathering of Saudi-paid mercenaries in al-Moqadra area in Serwah district of Marib province, a military official said on Tuesday.
Meanwhile, dozens of Saudi-paid mercenaries were killed and others injured in Wadi al-Theek in the district, the official added.
The army and popular forces carried out on Monday unique military operations in Taiz province.
A military official said that a number of Saudi-paid mercenaries were killed at the hands of the army and popular forces in al-Jazami Hill in al-Kadaha area in al-Ma'afer district.
A Saudi aggression fighter jet targeted a citizen's car driving in Fara area of Kutaf district in Saada province overnight, killing the driver and injuring his friend, a security official said on Monday.
The army artillery and popular committees launched a fierce attack on Saudi-paid mercenaries' sites in Jawf province, a military official said on Monday.
The attack destroyed a military vehicle belonging to the mercenaries and killed all on board in Sabran area in khab and shaaf district.
Scores of Saudi enemy soldiers were killed and injured on Sunday when the army and popular forces repelled a Saudi military attempt to sneak into Shurfah site in the border province of Najran, a military official said.
The operation was accomplished successfully against the Saudi
The army and popular committees have killed a total of 18 Saudi-paid mercenaries in sniper operations over the past hours in the central province of Marib, a military official said on Sunday.
Ten mercenaries were killed in Nehm district and eight others were killed in Serwah district, said the official.
Saudi aggression warplanes have launched more than 49 airstrikes over the past hours on several residential areas across Yemen, a security official said on Sunday.
The airstrikes targeted the areas of Malahiz and Husama in Dhahir district, and areas Thuban, Masahif and Sdad in Bakim district of northern Saada province.
Yemeni-Gulf Business Forum discusses investment cooperation
almotamar.net - Dubai- the first session of the Yemeni-Gulf Business Forum was held the day before yesterday in cooperation with Shihab Centre for Financial Investments. The meeting is in preparation for the Investment Opportunities Exploration in Yemen Conference scheduled to convene in Sana'a on 8-10 next April under supervision of the Gulf Cooperation Council's general secretariat.
