Yemen-Libya Holding Company achieves profits by 150 percent

Yemen-Libya Holding Company achieved a growth of YR 251 million last year compared to the YR 101 million in 2006, representing an increase of 150 percent.

The General Assembly of Arab Yemen-Libya Holding Company approved on Sunday the final account of 2007.

The assembly discussed activities of the company held last year, its investment and trade achievements as well as its future projects.

It also discussed a report presented by the board chairman of the company Abdul-Karim al-Dhabi, dealing with its activities .

In the upcoming period, the company would announce a package of investment projects in different governorates, al-Dhabi said. The company was set up in 1991 by Yemeni and Libyan investments. The company's activities focus on agriculture, industry, mining, fishing, tourism, transport and other economic sectors.

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