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  Local
HR minister, Hodeidah governor inspect humanitarian situation
[20 February 2018]
Interior ministry to complete integrating popular committees into security facilities
[20 February 2018]
Prime Minster mourns al-Shatri's death
[19 February 2018]
Occupiers’ attempts to clone military institutions are futile: President
[18 February 2018]
15 Passengers Killed, 3 Injured In Traffic Accident In Sanaa
[18 February 2018]
 
  Saudi Aggression War against Yemen
Saudi airstrike hit UAE armored vehicles in Taiz
[21 February 2018]
Army shells Saudi soldiers’ gatherings, vehicles in Jizan
[21 February 2018]
15 civilians killed in air strike on Saada
[21 February 2018]
Army’s snipers kill 5 Saudi-paid mercenaries in Marib
[21 February 2018]
Aggression airstrike waged on Hodeidah
[21 February 2018]
 
  Reports
Report: Army attacks against Saudi troops over 24 hours
[22 February 2018]
Report: 15 civilians killed in 28 coalition airstrikes over past 24 hours
[22 February 2018]
Report: 43 Saudi-led airstrikes hit Yemen on Tuesday
[21 February 2018]
Report: Army wages offensives on Saudi enemy’s gatherings in Tuesday
[21 February 2018]
Report: Army kills, wounds Saudi soldiers, mercenaries on Monday
[20 February 2018]
 
  International
HR ministry condemns Saudi war crimes on Saada
[20 February 2018]
FM sends condolences to Iranian counterpart over plane crash
[20 February 2018]
Yemen condemns Saudi Shura council member inciting to violence
[18 February 2018]
Yemen welcomes new UN envoy
[17 February 2018]
FM meets UN official
[14 February 2018]
  Tourism
Gov't approves establishing company to improve tourism
[04/January/2011]


SANA'A, Jan. 04 (Saba) - Cabinet endorsed on Tuesday the establishment of Yemeni General Company for Tourism Development.

The Company is a joint venture between Tourism Ministry, represented by Tourism Promotion Fund, with 40 percent and the General Holding Corporation for Real Estate & Investment Development (Shibam) with 60 percent.

The goal of the company is to construct, run and operate hotels, tourist villages and other tourist facilities according to a tourist development plan approved by the cabinet.

The company will carry out all other works, which will lead directly or indirectly to achieve the tourist services proposes, including the services the ministry approves.

After debating the legal and institutional aspects of the company's establishment, the cabinet ordered to draft the foundation contract and the company's statute.

The General Holding Corporation for Real Estate and Investment Development (Shibam), a Yemeni holding organization headquartered in Sana'a, was established under the Presidential Decree No. 66 of 2008. It serves as the investment arm of the Yemeni government in all the investment projects where strategic partnership with a foreign investor is required to create a joint venture.

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UPDATED ON : Thu, 22 Feb 2018 21:13:53 +0300