Course summary (Business in Yemen)
The economic policy of the Republic of Yemen is based on market
mechanism and economic freedom.
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 achievement of diversifying the economy of Yemen, and in coordination
with a number of 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.
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 businessmen investors, local and
foreign financing institutions and others concerned agencies to contribute in interpreting these investment concepts and bring them into light.
Institutions and Agreements of Yemen:
Ocean Rim Association for Regional Cooperation (IORARC)
League of Arab States
Organization Islamic Conference
Asia - Middle East Dialogue (AMED)Islamic Development Bank
Summit of South American Arab Countries (ASPA)
Economic and Social Commission for Western Asia (ESCWA)
EU's Generalised System of Preferences (GSP)
Yemen is ranked within economies that are less growing, however it
is considered as a nation that is full of main economic resources, not been exploited economically, especially in oil and gas field, fisheries and different mineral resources.
Exports constitute (33.4%) of Gross domestic production and
imports constitute (29.3%) of Gross domestic production. Therefore, the exposure ratio for Yemeni economy reached 63%. The most
important exports, in Yemen, are in 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%). Yemen imports from Arab countries between (30-40%) of Gross imports whereas its exports to Arab countries range between (5-10%) of Gross exports to abroad. Asian countries, not
Arabian, are considered as the biggest market for Yemeni
exports. Yemen exports to them between (70- 85%) of gross exports.
Special Thanks to Mr. Hamid Abd Sheikh Saleh
EENI delivers to HRH Prince Alwaleed bin Talal a Master Honoris Causa
EENI in Arabic:
ماجستير في التجارة الخارجية و التسويق الدولي
