EENI-Business School

Doing Business in Yemen

Syllabus of the Subject: Doing Business in Yemen. Sana'a.

  1. Introduction to the Republic of Yemen (the Middle East)
  2. Case Study: Tawakkol Karman - Nobel Peace Prize
  3. Yemeni Economy
  4. Key Yemeni Economic Sectors:
    1. Agriculture
    2. Fishing
    3. Mining
  5. Doing Business in Sana'a
  6. Yemeni International Trade
  7. Introduction to Arabic
  8. Access to the Yemeni market
  9. Business Plan for Yemen

The objectives of the subject “Foreign Trade and Doing Business in the Republic of Yemen” are the following:

  1. To analyse the Yemeni economy and foreign trade
  2. To evaluate the business opportunities in Yemen
  3. To explore Yemen's trade relations with the country of the student
  4. To know Yemen's Trade Agreements
  5. To develop a business plan for the Yemeni market
The Subject “Doing Business in Yemen” is part of the following programs:
  1. Doctorate in Business in Islamic Countries
  2. Course: Middle East
  3. Masters (e-learning): International Business, Muslims Countries

Course learning materials in English or Spanish Yemen French Yemen

  1. Credits of the subject “Foreign Trade and Doing Business in Yemen”: 1 ECTS Credits
  2. Duration: one week

Master in International Business for the Yemeni Students

ماجستير في التجارة الخارجية و التسويق الدولي

Sample of the subject - Doing Business in Yemen
Tawakkol Karman (Nobel Peace Prize, Yemen)

Najib Yahya Abdulalem (EENI Professor from Yemen)

Description of the Subject: Doing Business in Yemen.

The Republic of Yemen (الجمهورية اليمنية).

  1. Borders of Yemen: Saudi Arabia and Oman
  2. Yemeni Capital: Sana'a (صنعاء)
  3. Seaport: Aden
  4. Official language: Arabic
  5. Area: 528,076 square kilometres
  6. Yemeni population: 25.4 millions of people
  7. Abolition of the Slavery in Yemen: 1962

Religion in Yemen.

  1. Main religion is Sunni Islam
  2. Fiqh (Islamic Jurisprudence): Fiqh-al-Hambali
  3. 40% of the population is Shiite

Yemen belongs to the Arab Economic Area of the Islamic Civilisation.

Yemeni Economy.

  1. The economic policy of the Republic of Yemen is based on market mechanism and economic freedom
  2. Yemen ranks within economies that are less growing.
  3. However, Yemen has significant economic resources, not been exploited economically, especially oil and petrol field, fisheries and different mineral resources
  4. Currency of Yemen: Yemeni Rial (YER)
  5. The General Investment Authority of the Republic of Yemen, being aware of the significance of involvement of the private sector in the development process in Yemen, and the necessity to bring about a greater leap in the investment level of various sectors, in the achievement of diversifying the economy of Yemen, and coordination with some concerned agencies, prepared many opportunities, which contains Foreign direct investment (FDI) opportunities in production, agricultural and services sectors recently there are many opportunities available in the Republic of Yemen
  6. Which the General Investment Authority aim to promote for them at the local and international levels to be within reach of Yemeni, Arab, and foreign Businessman investors, domestic, and overseas financing institutions and others concerned agencies to contribute in interpreting these investment concepts and bring them into light

Yemeni Foreign Trade.

  1. The Yemeni exports constitute 33.4% of the gross domestic production and imports constitute 29.3% of the gross domestic production. Therefore, the exposure ratio for the Yemeni economy reached 63%.
  2. Main international partners of Yemen are Thailand, China, South Korea, Singapore, Japan, and Saudi Arabia
  3. The largest Yemeni exports are related to the field of crude products that constitute 94-97% of gross exports whereas direct consumption products constitute the rate between 1-4%, and the crude goods at imports range between 55-60% of gross imports that constitute direct consumption goods 15-20% and the capital goods constitute 20-25%
  4. Yemen imports from the Arab Countries between 30-40% of gross imports whereas its exports to the Arab Countries range between (5-10%) of gross exports to abroad
  5. The Asian Countries, not Arabian, are considered as the biggest market for the Yemeni exports

Yemen's Institutions and Trade Agreements:

  1. Indian-Ocean Rim Association (IORA)
  2. Arab League
  3. Organisation of Islamic Cooperation (OIC)
  4. Asia-Middle East Dialogue
  5. Islamic Development Bank
  6. Summit of South American-Arab Countries (ASPA)
  7. Economic and Social Commission for Western Asia (ESCWA)
  8. EU's Generalised System of Preferences (GSP) - Everything But Arms
  9. European Union-Yemen Cooperation Agreement
  10. Yemen is a beneficiary of the European Investment Bank

League of Arab States

Indian-Ocean Rim Association IORA

EENI delivers to HRH Prince Alwaleed bin Talal a Master Honoris Causa

Economic and Social Commission for Western Asia (ESCWA)

Summit of South American-Arab Countries (ASPA)

(c) EENI- Business School