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  Local
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
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]
 
  International
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]
  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 : Sun, 23 Sep 2018 22:44:26 +0300