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Voluntary recruiting campaign inaugurated in Bani-Matar
[17 January 2018]
Yemeni journalist released from prison in Sanaa
[16 January 2018]
Mahwit Governor kicks off voluntary recruiting campaign in Dawila district
[16 January 2018]
Maswar district tribesmen rally to reinforce army in fighting Saudi aggression
[16 January 2018]
Voluntary recruiting campaign inaugurated in Yemen's Hajjah
[16 January 2018]
  Saudi Aggression War against Yemen
Army foils infiltration attempts of mercenaries in Taiz
[16 January 2018]
Saudi-paid mercenaries killed, injured in Lahj
[16 January 2018]
Army targets Saudi soldiers, mercenaries in Jizan
[16 January 2018]
Army hits enemy sites in Aser
[16 January 2018]
US-Saudi aggression wages three raids on Hodeida
[16 January 2018]
Report: Army, committees killed, injured dozens of Saudi soldiers, mercenaries in attacks over Sunday
[15 January 2018]
Report: 2 Yemeni civilians injured in 19 Saudi aggression airstrikes, attacks on Yemen during one day
[15 January 2018]
Report: 23 Saudi-led coalition airstrikes hit Yemen over 24 hours
[14 January 2018]
Report: 2 Yemeni civilians murdered in 19+ Saudi aggression airstrikes, attacks on Yemen over Friday
[13 January 2018]
Report: Army sniped 27 Saudi soldier, mercenaries in attacks, ballistic missile at Special Forces camp in Najran during one day
[12 January 2018]
Yemen, WFP sign MoU to rehabilitate Hodeidah port
[16 January 2018]
Yemen calls on UAE occupation forces to stop destroying Socotra
[16 January 2018]
Norwegian Refugee Council calls for reopening Yemen's ports
[15 January 2018]
FM meets UN political affairs official
[15 January 2018]
FM meets OHCHR official
[15 January 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 : Wed, 17 Jan 2018 06:22:11 +0300