Yemen and China signed a protocol on inspection and health requirements for Yemeni seafood exports to China, strengthening economic cooperation between the two nations.
The People's Bank of China announced last Tuesday that it would conduct a direct reverse repurchase operation worth 600 billion yuan (approximately 84.48 billion US dollars) today, Wednesday, in order to maintain ample liquidity in the banking system.
SHABWA-SABA
OMV Austrian Company operating at al-Uqla Sector is planning to extend oil pipeline to transport the crude oil into Sector 4.
The 45- KM long pipeline will is included within the program of updating and qualifying the productivity of the sector for 2020 plan.
The plan was announced about on Saturday during a meeting between the Governor of Shabwa Mohammad bin-Ady.
The governor praised the investment programs of the company for this year, confirming its role in increasing oil production in the sector.
He also praised the company's social commitments and contribution in local development programs in areas surrounding the company's operation.