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Agricultural extension essential for production increases

May 3, 2008 - 6:11:34 AM
Agricultural extensions have a positive role in improving production of crops and rehabilitation, and training of agricultural extension staff is a fundamental pillar in the process of agricultural development, Dr. Mansour al-Hawshabi, Minister of Agriculture and Irrigation...


Economy resources must be diversified

May 3, 2008 - 6:08:21 AM
Exploitation of promising sectors to diversify structure of national economy is essential to reduce dependence on oil as a major resource of exports, Minster of Trade and Industry Dr. Yahya al- Mutawakel said during launch of workshop on development of exports of construction and ornamental stones...


Research center to crack down on illicit imports

May 3, 2008 - 6:05:12 AM
The Yemeni Standardizations, Metrology and Quality Control Organization (YSMQCO) has opened new three branches to monitor products which enter to the Yemeni market in conformity with the specifications and standards, as Ahmed al-Beshah, Deputy Director-General of YSMQCO, announced last Saturday.


Government to combat diesel monopoly

May 3, 2008 - 6:04:12 AM
The cabinet directed in its weekly meeting on Tuesday the Ministry of the Oil and Minerals to close the petrol stations that monopolize diesel.


Relations between Yemen and Pakistan to enhance

May 3, 2008 - 6:03:17 AM
Yemen and Pakistan reviewed documents that will be singed during the round meetings of Yemeni-Pakistani Joint Ministerial Committee to be held on May 6-7 that is looking to enhance the investment, economic, and technical relations between two sides.


Yemen participates in Islamic Economic Forum

May 3, 2008 - 6:02:07 AM
Yemen participated in the 4th World Islamic Economic Forum (WIEF), held in Kuwait from April 29 to May 1.


Yemen, Comoros sign agricultural agreement

May 3, 2008 - 6:00:57 AM
Ministry of Agriculture and Irrigation and Comoran Ministry of Fishery and Environment signed an agreement concerning agricultural cooperation on Saturday in Sana’a


Japanese assistance to increase

May 3, 2008 - 5:59:53 AM
Deputy Premier for Economic Affairs and the Minister of Planning and International Cooperation Abdul-Karim al-Arhabi described his visit to Tokyo which ended on Monday as successful.


Five new centers for child workers to open

May 3, 2008 - 5:58:54 AM
Social Affairs and Labor Minister, Amatal-Razzaq Humad, said that Yemen seeks to open new centers of caring child workers in five provinces.



Turkish oil companies want to buy Yemeni gas

May 3, 2008 - 5:54:50 AM
Turkish oil companies announced their desire to buy Yemeni gas in the future, Minister of Oil and Minerals Khalid Bahah said in a statement this week.


More than 7,000 development projects implemented by SFD

Apr 26, 2008 - 8:29:00 AM
The total projects implemented by the Social Development Fund (SFD) up until the end of 2007 exceeded 7,000 developmental projects at total cost of YR105 billion, while the number of beneficiaries of these projects reached to 14 million people in various governorates.


Draft law to protect national products

Apr 26, 2008 - 8:25:42 AM
Yemen has adopted a draft law to protect the national products in an attempt to avoid being affected after it joins the World Trade Organization (WTO), said Hamoud al-Najar, Director of the Coordination and Communication Office with the WTO.


Government puts Gulf investments first

Apr 26, 2008 - 8:24:01 AM
Prime Minister Ali Mujawar stated that the government gives high priority to the Gulf investments in areas of services or industrial sectors, during his meeting on Monday with the Yemeni-Saudi Board of Directors of the Local Airline al-Saeeda, headed by the Chairman of the board, Saleh al-Awaji,.


Tourism contribution to GDP reaches $425 million

Apr 26, 2008 - 8:22:38 AM
The contribution of the tourism sector to the Gross Domestic Product (GDP) reached to $425 million last year compared to $309 million in 2006, according to official statistics issued by the Ministry of Tourism.


Children workers increase by 300,000

Apr 26, 2008 - 8:18:42 AM
The rate of child labor in Yemen increased to 700,000 children in 2007, compared 400,000 children in 2000 who were working unsuitable jobs for their age. An official study has showed that about 700,000 Yemeni children, ages 6 to 14, are working in the streets of main cities because of poverty.


Yemen calls upon UN to face food crises

Apr 26, 2008 - 8:17:21 AM
Yemen called the United Nations Conference for Trade and Development (UNCTAD XII) to form a special committee, offering proposals to resolve the food crises and price hike in world markets and to be run under the supervision of the UN General Secretary.


New investments in Hadhramout and Mahrah

Apr 26, 2008 - 8:15:19 AM
Chairman of Industry and Chamber of Commerce in Hadhramout, Omer Ba-Jarash, revealed that four international companies have presented their applications to develop and manage a Mukalla port, build a new port in the Dhabah area in al-Shaher and to establish a joint company with the Arab Sea Ports Authority.


Commercial banks dismiss CBY decision to lower reserve ratios

Apr 26, 2008 - 1:01:10 AM
Commercial banks have rejected the decision of the Central Bank of Yemen to reduce the mandatory reserve ratio of riyal deposits from ten percent to seven percent, in addition to the cancellation of the reserves’ banking interest.


Germany to continue supporting Yemen

Apr 12, 2008 - 8:25:02 AM
Yemen and Germany have agreed on priorities for future German support of Yemen to be financed by Germany in 2009 and 2010. This agreement took place in the final session of Yemeni-German annual consultative sessions on Tuesday in Sana’a.


Central Bank of Yemen sells $452 million during 2008

Apr 12, 2008 - 8:18:36 AM
The Central Bank of Yemen (CBY) sold $107 million to currency exchangers last Sunday to meet market demands for hard currency for the fourth time in 2008, according to an official report issued by CBY.


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