Dep. Oil Minister, US company discuss investment opportunities in oil exploration and mining

The Member of the Presidential Leadership Council and Governor of Marib governorate Sultan Arada inaugurated today, Sunday, a number of development projects in public works, sanitation and urbanization funded by the local authority as part of ongoing efforts to enhance services and improve the urban landscape of Marib city.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

China's ETF market hits record $855.6

The combined scale of China's exchange-traded funds (ETFs) has hit a record 6.02 trillion yuan ($855.6 billion), up more than 2.2 trillion yuan from the end of last year, Shanghai Securities News reported Saturday, citing data from Choice, a financial information provider.

Arsenal defeats Brighton and strengthens its lead in the English Premier League

Arsenal defeated Brighton 2-1 in their match at the Emirates Stadium as part of the 18th round of the English Premier League.

Last Update: ، 2025/12/29 Time 03:56:07
Latest News:

Yemen Participates in Emergency Arab League Meeting to Reject Israeli Recognition of "Somaliland" Region

Yemeni Community in Saudi Arabia Backs National Defense Council Decisions

Political Parties Welcome Message of Saudi Minister of Defense

The Deputy Minister of Foreign Affairs Discusses with Korean Ambassador Ways to Enhanc Cooperation

Deputy Minister of Planning Discusses with United Nations, Red Cross Enhancing Coordination to Support ..

Dep. Oil Minister, US company discuss investment opportunities in oil exploration and mining

[21/05/2022 02:34]

Aden - Saba
Deputy Minister of Oil and Minerals, Dr. Saeed Al-Shammasi, discussed with the CEO of the American company Ceylon today in the temporary capital Aden investment opportunities and facilities available to companies operating in the field of oil and mining.

The meeting touched upon the prevailing and stimulating advantages and laws to encourage commercial and economic investment in the field of oil and mineral exploration and ways to increase projects and investments in the country during the next stage.

Dr. Al-Shamasi said that the Ministry of Oil and Minerals seeks to explore and develop the oil and mineral sectors through cooperation between national companies and foreign companies in accordance with the regulations and systems, and in a way that contributes to creating attractive opportunities and an encouraging investment environment. He affirmed the government's keenness to provide all the necessary facilities to ensure the success of the investment companies' work.