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Deputy of governor of Hodeida inspects workflow in Hodeida port
[23 September 2018]
Rocketry, artillery hit Saui-paid mercenaries' gatherings in Asir, Jizan, kill dozens
[23 September 2018]
Yemen condemns strongly terrorist attack in Iran
[23 September 2018]
Foreign ministry condemns terrorist attack in Iran
[22 September 2018]
Jawf residents celebrate September 21 Revolution anniversary
[22 September 2018]
  Saudi Aggression War against Yemen
6 Saudi soldiers killed in Najran
[23 September 2018]
Yemeni drone wages offensive on invaders' command headquarters in western coast
[23 September 2018]
Army artillery shelling targets Saudi-paid mercenaries troops in Taiz
[23 September 2018]
Army carries out offensive on Saudi-paid mercenaries in Bayda
[23 September 2018]
Report :Army causes heavy casualties on Saudi-paid mercenaries in various fronts
[23 September 2018]
Reports: Saudi’ missiles and artillery hit several provinces over the 24 past hours
[22 September 2018]
Reports: Army inflicts on Saudi-led mercenaries heavy losses over last 24 hours
[21 September 2018]
Reports: Saudi airstrikes hit several provinces over the past day
[21 September 2018]
Reports: 21 civilizes killed in Saudi airstrikes on provinces over last 24 hours
[17 September 2018]
Report: Dozens of Saudi-paid mercenaries, invaders killed in military attacks
[16 September 2018]
Supreme Political Council sends condolences to Iran over Ahvaz attack
[23 September 2018]
Sanaa's Yemen celebrates World Peace Day
[21 September 2018]
FM asks Russia to stop illegal actions on Yemen's embassy in Moscow
[18 September 2018]
FM congratulates Chilean counterpart on National Day
[18 September 2018]
President discusses with UN envoy humanitarian situation in Yemen affected by Saudi-led attack
[18 September 2018]
Kuwaiti group launches $100 mln tourist project in Ibb

SANA'A, May 24(Saba) – The Kuwait-based Al-Kandari International Group (KIG) inaugurated on Monday in Ibb province the first phase to set up Ibb Knooz Project (Ibb Treasures Resort) at a cost of USD 100 million.

The project, which would be built on an area of 500,000 square meters, consists of five-star hotel with its facilities, a real estate project of 320 villas and 120 chalets, shops, gym and commercial properties.

Chairman of Al-Kandari Group for Trade and Contracting Jassem al-Kandari said that choosing Ibb by the group to implement this project has many goals, among them to make Ibb and Yemen a destination for the Arab tourism and in particular the Gulf tourism.

Inaugurating the first phase of the project comes within the celebrations of the 20th anniversary of the Unification Day; al-Kandari added noting that the project would provide many job opportunities for the Yemeni labor and develop the province culturally and aesthetically.

Starting work on this project would be a significant step towards the Kuwaiti investments in Yemen, he confirmed pointing out that the project would be implemented in three phases, for a period of five years and its first phase would take three years.

For his part, Director of Ibb Knooz Project Abdul Aziz al-Kandari praised the facilities offered by the Yemeni government and officials in order to start the implementation of the project.

"The Yemeni laws grant competitive advantages for the Arab and foreign investors in Yemen", he said.


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UPDATED ON : Sun, 23 Sep 2018 22:44:26 +0300