Sanaa Government calls for investment, approves new investment law regulations

SANAA, Dec. 07 (YPA) – The Sanaa government has issued an open invitation to investors and businesspeople from the nation and Yemeni communities abroad, as well as friendly and brotherly countries, to invest in Yemen, explore available opportunities, and enter into partnerships in infrastructure projects.

The announcement was made by the Acting Prime Minister, Mohammed Muftah, during a meeting of the General Investment Authority’s Board of Directors, which approved the draft Executive Regulations for Investment Law No. (3) of 2025 and directed it to be submitted to the Council of Ministers.

Muftah described the issuance of the law as a fundamental step to accelerate economic development, noting that Yemen is establishing a new phase.

He enumerated the country’s competitive advantages, highlighting the strategic location, availability of natural resources (mining), unique tourism components, and skilled local labor, while affirming relative economic stability.

In its meeting, the Board also approved the draft Investor Service Guide (First Edition) and agreed to extend the grace period for projects registered between 2015 and 2024 to benefit from the new law for an additional year.

The new Investment Law 2025, which officially commenced operation last February, aims to stimulate the national economy and offer substantial incentives, privileges, and exemptions to both local and foreign investors and capital owners.

YPA