Saudis and Yemenis establishes a transport company in Mukalla
The Source: Mukalla/hadhramaut.info - 22/05/2009
Home \
Business News
Mukalla on Tuesday witnessed
the declaratthe declaration of establishing a joint Saudi-Yemeni transportation company; the company will use Aden as its base, the economical and commercial, Aden-based with a capital five million U.S. dollars. The company will serve road, air freight and sea transportations. This issue was discussed in a ceremony held in the Chamber of Commerce and Industry of Mukalla and in the presence of the Director-General of the Office of the Ministry of Industry and Trade Khaled Ghanem, Chairman of the Chamber of Trade Hadhramaut Omar Abdel Rahman Ba-jorosh, he signed the incorporation documents of which twenty contributor from Yemen and Saudi Arabia..Mr. Ba-jorosh said to Yemen News Agency (SABA) that the establishment of this company will encourage and increase the volume of bilateral industrial, commercial, agricultural and fisheries between the two countries. He emphasized that this step is one of the fruits of the investment opportunities conference, held in the city of Mukalla last May... It also comes in the context of the growth and development and prosperity of the brotherly relations of Yemen in Saudi Arabia under the patronage of the two political leaderships in both countries
|