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  Local
PM, Youth Minister discuss youth, sports issues
[16 July 2018]
Al-Sammad hospital rehabilitation project in Sanaa launched
[16 July 2018]
Parliament approves report to exempt domestic gas from customs duties, taxes
[16 July 2018]
President Al-Mashat congratulates Iraqi President on National Day
[16 July 2018]
Sanhan tribes mobilize to retaliate aggression crimes
[15 July 2018]
 
  Saudi Aggression War against Yemen
Army launches artillery shells on Saudi-paid mercenary's troops in Najran, Jizan
[16 July 2018]
Short-range ballistic missile targets invaders camp in western coast
[16 July 2018]
Army destroys military vehicle in Najran
[16 July 2018]
Army repels infiltration attempt of Saudi-paid mercenaries in Nehm
[16 July 2018]
Two coalition collaborators arrested in Amran, Ibb
[16 July 2018]
 
  Reports
Report :14 Saudi-led coalition air strikes hit several provinces on Monday
[16 July 2018]
29 civilians killed, injured in Saudi-led attacks over 48 hours
[12 July 2018]
Army launches offensives on Saudi enemy sites over past 48 hours
[12 July 2018]
Report: Yemen Army wages military operations on Saudi troops over 24 hours
[12 July 2018]
Report: 2 civilians killed in 21 Saudi-led airstrikes on Yemen over 24 hours
[12 July 2018]
 
  International
Two WHO cargo planes arrives at Sanaa airport
[16 July 2018]
Deputy FM welcomes UN efforts to reach peace in Yemen
[11 July 2018]
Yemen's ballistic missiles arsenal designed to deter enemy attack
[11 July 2018]
Parliament welcomes EU's statement on Yemen
[10 July 2018]
HR Minister discusses displaced situation with UN official
[09 July 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 : Mon, 16 Jul 2018 22:50:41 +0300