Sana’a – The Yemeni-Kuwaiti Company is advancing plans to expand its real estate development activities. Acting Minister of Economy, Industry, and Investment, Sam Al-Bishiri, chaired a meeting to discuss the company’s current status and future projects.
During the meeting, Vice Chairman Ahmed Al-Murtada and CEO Mohamed Bashir reviewed challenges, ongoing operations, and upcoming investment plans. They highlighted areas where the company could increase efficiency and market reach.
The Acting Minister emphasized the importance of activating investments based on detailed economic feasibility studies. He said these studies will ensure optimal returns for both the company and its shareholders.
Al-Bishiri noted that the Yemeni-Kuwaiti Company has the capacity to play a pivotal role in real estate development. Its projects aim to meet the growing demands of economic, commercial, and service sectors across Yemen.
He also reaffirmed the government’s support, stressing the Ministry’s commitment to expanding the company’s operations. According to Al-Bishiri, the company is recognized as one of the leading firms in real estate investment, capable of boosting both local development and investor confidence.
The Acting Minister encouraged learning from international experiences to improve operational strategies. He emphasized adopting a flexible vision capable of adapting to market changes and client needs.
He stressed that the company should hold regular Board of Directors meetings to address urgent matters promptly. This approach will allow leadership to respond quickly to market opportunities and challenges.
Al-Bishiri pointed out that the new investment law offers unprecedented privileges and protections for foreign capital. He said the company can leverage these advantages to attract new investments and strengthen existing projects.
Looking ahead, the Yemeni-Kuwaiti Company aims to implement innovative development projects that align with national economic priorities. Its leadership plans to focus on sustainable growth while maximizing returns for investors and stakeholders.
The company’s strategic direction, supported by government oversight, positions it as a key player in Yemen’s real estate sector. Officials expressed optimism about the company’s potential to contribute significantly to the economy.
