Development

New Investment Law No. 3 of 2025:

Vision and objectives of the law: The law aims to improve the investment environment in Yemen and attract local and foreign investments. It focuses on supporting local products, localizing industries, and reducing dependence on imports. The law encourages a shift from an import economy to a local production economy. It aims to manage value chains and reduce the import bill. The law is considered a new page in the history of the Yemeni economy.

The importance of the law and its features:

Investment Magazine/Private

Ahmed Hassan al-Awlaki, representative of the Mövenpick Hotel Company, announced that international consulting companies will undertake the technical and engineering studies necessary to rehabilitate the hotel and its facilities, as part of efforts to restore its activity after the damage it sustained during the past years. 

الترجمة الإنجليزية:

Abdullah Al-Najjar, Chairman of Al-Najjar Agricultural Foundation, described the new 2025 Investment Law as excellent and highly motivating for investors, noting that it heralds a promising new era for Yemen.