The Minister of Foreign Affairs and Expatriate Affairs Dr. Shaya Zindani left the temporary capital Aden Wednesday heading to the Egyptian capital Cairo to participate in the work of the (164) regular session of the Council of the League of Arab States at the ministerial level.
The Bulgarian Tourist Union (BTU) will organize a hike for hundreds of mountain lovers, starting from the Ivan Vazov National Theatre to Mt. Cherni Vrah, to celebrate 130 years of organized tourism in Bulgaria.
Oil prices declined in trading today, Wednesday, but remained close to their highest levels in a month, supported by new U.S. sanctions on a network of shipping companies and vessels, while traders are awaiting the OPEC+ meeting scheduled for the end of the week.
Prime Minister emphasizes government's commitment to enhance performance of Investment Authority to attract investors
[14/08/2025 05:52]
ADEN - SABA
Prime Minister Salem Saleh Bin Breik affirmed the government's dedication to activating the performance of the General Investment Authority and improving its procedures to attract and capture both local and foreign investments, as well as providing necessary services to investors and assisting them in benefiting from available incentives and exemptions.
This came during the Prime Minister's meeting Thursday, which included Acting Head of the General Investment Authority Engineer Ali Jarhoum and Head of Customs Authority Dr. Abdul Hakim al-Qubati.
The meeting discussed the authority's activities, plans to enhance its role, and preparations for holding an investment conference in Aden at the end of this year.
The Prime Minister noted that initiating effective reforms and procedures that have led to an improvement in the national currency exchange rate and achieving an acceptable level of economic stability requires simultaneously advancing the investment file and providing all necessary factors and facilities for investors to drive economic growth.
He emphasized that the government prioritizes investment as a fundamental factor for achieving stability and will work to create a conducive environment for national and foreign investments to take advantage of promising sectors and opportunities.
Additionally, he underscored the importance of ensuring an attractive investment environment by seriously addressing all issues facing investors and easing the difficulties they encounter.
The Prime Minister directed the Investment Authority to prepare a comprehensive report on investments over the past two years, identifying opportunities and promising sectors, as well as the problems and obstacles facing investors and suggestions for solutions, affirming that a collaborative effort will be made to address these issues.