[08 July 2008]

SANA'A, July 08 (Saba)- The United Arab Emirates Trade International Company (TIC) announced its desire to invest in Yemen with partnership of 10 Gulf companies in different fields.

Governor of Hadramout Salem al-Khanbashi was briefed during his meeting on Tuesday by the company's representative Omar Obaied on the company's keenness to establish many investment projects in Hadhramout including tourism, trade, health and electricity.

Al-Khanbashi welcomed the UAE and Gulf investments in Yemen,confirming that these investment would get all the facilities and encouragement accordance with Yemeni Investment Law.

He made pointed out to the investment opportunities in the governorate, considering the increase of Gulf investments in Yemen as a fruit of the reforms have been done by the government to improve investment environment.

TD/AM

Saba