EENI Global Business School

Business in Yemen, Sana'a, Yemeni Economy


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Syllabus of the Subject

Yemeni Foreign Trade. Economic policy (Business). Tawakkol Karman

  1. Introduction to the Republic of Yemen (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. Business in Sana'a
  6. Yemeni International Trade
  7. Access to the Yemeni market
  8. Business Plan for Yemen

The objectives of the subject “International Trade and Business in Yemen” are the following:

  1. To analyze the Yemeni Economy and Foreign Trade
  2. To know the trade opportunities in Yemen
  3. To explore the Yemeni trade relations with the country of the student
  4. To know the Yemeni Trade Agreements
  5. To develop a business plan for the Yemeni market

Online Arab Student, Master International Business

The Subject “Foreign Trade and Business in Yemen” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: Islamic Business, World Trade.

Doctorate in International Business (DIB) Online

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

Languages: Masters, Doctorate, International Business, English or Study Master Doctorate in International Business in Spanish Yemen Study Doctorate in International Business in French Yemen.

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

Foreign Trade and Business in the Middle East

Yemen, Masters, International Business Trade Masters for Yemeni Students.

International Trade and Business in Yemen.

Market Access - Free Trade Agreements

Yemeni Preferential Access and Trade Agreements:

  1. Islamic Trade Preferential System
  2. Greater Arab Free-Trade Area (GAFTA)
  3. Islamic Centre for Development of Trade
  4. Arab Bank for Africa (BADEA)
  5. Indian-Ocean Rim Association
  6. EU-Yemen
    1. The EU's Generalized System of Preferences (GSP) - Everything But Arms
    2. EU-Yemen Cooperation Agreement
    3. Yemen is a beneficiary of the European Investment Bank

Trade Facilitation Programs. TFA Agreement

  1. WTO (in process of accession)
    1. Kyoto Convention
  3. BIC (Containers)
  4. Chicago Convention (ICAO)
  5. International Maritime Organization
  6. International Road Transport Union (IRU)

Islamic Organizations. Arab League

  1. Arab League
  2. OIC
      Standing Committee for Economic and Commercial Cooperation of the OIC (COMCEC);
    1. Islamic Chamber of Commerce
    2. Islamic Centre for Development of Trade
    3. Statistical Economic Centre for Islamic Countries
  3. Asia-Middle East Dialogue
  4. Islamic Development Bank
  5. Summit of South American-Arab Countries
  6. Economic Commission for Western Asia (ESCWA)
  7. Arab Trade Financing Programme

Globalization and International Organizations

  1. UN
  2. WB
  3. WTO
  4. IMF

The Republic of Yemen (الجمهورية اليمنية).

  1. Borders of Yemen: Saudi Arabia and Oman
  2. Yemeni Capital: Sana'a (صنعاء)
  3. Largest Seaport in Yemen: Port of Aden
  4. Official language of Yemen: Arabic
  5. Yemeni Area: 528,076 km²
  6. Yemeni population: 25.4 million people
  7. Abolition of Slavery in Yemen: 1962

Religion in Yemen.

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

Islam and Global Business. Islamic Economic Areas

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

Global Trade and Business in Yemen
Tawakkol Karman (Nobel Peace Prize, Yemen)


Yemeni Economy.

  1. The economic policy of the Republic of Yemen is based on a market mechanism and economic freedom
  2. Yemen ranks within the 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 Yemen

Foreign Trade (Importing, Exporting)

Yemeni Foreign Trade.

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

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

(c) EENI Global Business School (1995-2024)
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