SALEH, SAUDI BUSINESSMEN DISCUSS ESTABLISHING JOINT COMPANY

SANA'A, Sep. 27 (Saba) - President Ali Abdullah Saleh discussed here
on Sunday with Saudi businessmen the possibility to establish a
joint Yemeni-Saudi company to enhance industrial, commercial and
agricultural exchange between the two countries.

During his meeting with Saudi businessmen Mohammed al-Amoudi,
Abdullah Buqshan and Abdullah Ba-Hamdan, President Saleh welcomed
the businessmen and their current and future projects.

He indicated to the various investment opportunities available in
the country as well as the facilities and merits provided by the
Yemeni investment law to all Arab investors.

The meeting discussed the businessmen's investment projects, which
are under construction in Yemen, in the Aden Free Zone, the two
seaports of Proum and al-Dhabah, tourist, cement and sugar industry.

The meeting also discussed their contribution in academic, technical
and vocational education and operating a number of technical
institutes to train Yemeni cadres to meet with the labor market
needs and the serve the development goals.

AF/AF