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  Local
President meets COCA head
[21 October 2018]
Report: Why the Poverty in Yemen rises to 8.5 during this year!
[20 October 2018]
272criminal cases regulate in the capital Sanaa in the past week
[20 October 2018]
Report: Yemen invaders cemetery
[20 October 2018]
The Executive Office of the Yemeni Women's Union appeals to the organizations for assistance affected by tropical Cyclone "Luban
[17 October 2018]
 
  Saudi Aggression War against Yemen
Civilian killed in Saudi aggression airstrike on Hodeidah
[21 October 2018]
Army launches ballistic missile on Jizan
[21 October 2018]
Security releases 24 coalition collaborators in Mahwait
[20 October 2018]
Army foils attack of Saudi-paid mercenaries in Najran
[20 October 2018]
3 women killed in Saudi-paid mercenaries artillery shelling in Taiz
[20 October 2018]
 
  Reports
Report :Army inflicts heavy casualties upon Saudi aggression-paid mercenaries various fronts
[21 October 2018]
Report: Dozens of Saudi-paid mercenaries killed, injured in military attacks!
[20 October 2018]
Report: Why the Poverty in Yemen rises to 8.5 during this year !
[20 October 2018]
Report: Coalition airstrikes hit Hodeidah, Saada in the past 24 hours
[20 October 2018]
Reports: Saudi aggression airstrikes hit Saada in the past 24 hours
[17 October 2018]
 
  International
Report: Yemen invaders cemetery
[20 October 2018]
FM sends letter to EU's High Representative for Foreign Affairs
[16 October 2018]
From south to north .. No to starvation and occupation in Yemen
[16 October 2018]
Israeli occupation suppresses peaceful demonstrations in Gaza
[13 October 2018]
Parliament's Speaker congratulates Ugandan counterpart on National Day
[08 October 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, 21 Oct 2018 20:49:08 +0300