- Development of Electric Power Projects:
The law encourages investment in energy infrastructure by offering substantial incentives and privileges to facilitate the implementation and operation of electric power projects. - Promotion of Power Generation Projects:
Simplifying procedures and granting long-term tax exemptions of up to 20 years for electric power generation projects. - Transition to Renewable Energy:
Private Sector
The main advantages of the new investment law in the energy sector:
- Advancing electric power projects
- Promoting energy generation initiatives
- Encouraging partnerships in electricity production
- Transitioning towards renewable energy
Investment Magazine/Exclusive
Yemen participated in the third edition of the Kuwait International Food and Agriculture Exhibition, held at the Kuwait International Fairgrounds in Mishref, Kuwait City, from December 15–16.
The Yemeni pavilion showcased high-quality agricultural products from Yemen's private sector, including grains, coffee, fish, fruits, and honey. The display was organized by Yemen Fresh, a company owned by businessman Ismail Al-Jahmi.
Investment Magazine / Exclusive
The Minister of Economy, Industry, and Investment, Eng. Moeen Hashem Al-Mahaqari, emphasized that the ministry is working to foster collaboration among local factories to meet their needs through domestic production. This initiative aims to establish a complementary relationship that lays the foundation for sustainable industrial activity, bolsters the national economy, and reduces reliance on imports.