DUBAI, Oct 10 (Saba) – The Nobles Properties, a newly established real state Dubai-based Company, has announced it will set up two real state projects in Yemen.

The two projects would be as part of a number of projects the company intends to establish in a number of Arab countries from the November, 2008 and that will be finished by 2009.

Chairman of the company's board of directors Omer Ayesh said investment elements and climate in Yemen are encouraging, adding Yemen along with Libya are the most Arab attractive destinations for investors with better investment laws and regulations.

Ayesh said the company will start from November 2008 to the end of 2009 implementation of nine projects, two in Yemen, three in Libya, one in Jordan, two in Syria and one in Dubai in the United Arab Emirates.

He confirmed the company has got licenses from these countries.

The Emirate Nobles Real State Company was founded in August 2008 with a capital of Dh 4 billion. The company is interested in developing real state projects in the United Arab Emirates and region countries having promising investment opportunities.
FR