Yemen Observer: http://www.yobserver.com

Stock market to be established in Sana’a

Posted in: Business & Economy
Written By: Observer Staff
Article Date: May 10, 2008 - 3:24:03 AM
Trade International Company specialized in presenting consultations for buying and selling in the stock market launched for the first time a stock market in Sana’a as a basic step to establish stock exchange in Yemen.  At the same time, Yemeni governmental delegation is discussing in New York the arrangements concerning setting up the stock market in Yemen.  The general director of Fray-Trade Group, Yemeni Redhwan al-Qawsi, said that the group seeks to transfer the international experts in field of services and consultations for buying and selling in the stock markets.  It also seeks to set up a data base for the stock market that would be established in Yemen and develop public awareness over this kind of investment