Persian  | KFZO |  About us  |   Contact Us

                                Kish Trade Promotion Center 

 Home        |       Global Net          Iran Business   |     Free Trade Zones     |       Exhibition    |    Trade Opportunities  

Kish Overview

Tourist Information

Shopping Centers

Kish Industry

 Investment in Kish

Training

 

Persian English

 

 

 

Country name:

conventional long form: Republic of Yemen
conventional short form: Yemen
local long form: Al Jumhuriyah al Yamaniyah
local short form: Al Yaman

 

Capital:

Sana’a. Population: 1 million (2005 estimate).
 

 

Location:

Middle East, bordering the Arabian Sea, Gulf of Aden, and Red Sea, between Oman and Saudi Arabia

 

Area:

536,869 sq km (207,286 sq miles).
 

map of yemen

Description:
The Republic of Yemen is bordered in the northwest, north and northeast by Saudi Arabia, in the east by Oman and in the south by the Gulf of Aden. To the west lies the Red Sea. The islands of Perim and Karam in the southern Red Sea are also part of the Republic. Yemen is predominantly mountainous, supporting terraced agriculture.
 

 

Population:

22.2 million (2007 estimate).

 

language:

abic. English is widely spoken as a second language.

Climate:

The climate varies according to altitude. The coastal plain is hot and dusty throughout most of the year. The highlands are warm in summer but from October to March, nights can be very cold in the mountains. Annual rainfall is extremely low and temperatures, particularly in summer, are very high. The most pleasant time is from October to April.

Economy - overview:

Yemen is one of the poorest countries in the Arab world, and among the principal motivations behind the unification of Yemen in 1990 was the prospect of economic transformation and expansion.
Under IMF auspices, the government has implemented a programme of structural reforms involving privatisation and an overhaul of the financial system. In exchange, the Yemenis received financial support and some relief of Yemen's US$5 billion foreign debt. Large-scale unemployment persists; an estimated 30% of the workforce is out of work.
Agriculture is concentrated in the fertile northern part of the country. The principal cash crops are cereals, cotton, coffee, fruit, vegetables and qat (a narcotic leaf). Livestock rearing, fishing and some manufacturing also contribute to the economy.
However, the most important industrial activity is oil and gas production. Yemeni reserves are modest by regional standards but since the opening of the refining complex at Aden in 1994 and new fields coming on stream, the sector accounts for the majority of export earnings.

Economy:

Yemen is one of the poorest countries in the Arab world, and among the principal motivations behind the unification of Yemen in 1990 was the prospect of economic transformation and expansion.
Under IMF auspices, the government has implemented a programme of structural reforms involving privatisation and an overhaul of the financial system. In exchange, the Yemenis received financial support and some relief of Yemen's US$5 billion foreign debt. Large-scale unemployment persists; an estimated 30% of the workforce is out of work.
Agriculture is concentrated in the fertile northern part of the country. The principal cash crops are cereals, cotton, coffee, fruit, vegetables and qat (a narcotic leaf). Livestock rearing, fishing and some manufacturing also contribute to the economy.
However, the most important industrial activity is oil and gas production. Yemeni reserves are modest by regional standards but since the opening of the refining complex at Aden in 1994 and new fields coming on stream, the sector accounts for the majority of export earnings.
 

 

Industries:

crude oil production and petroleum refining; small-scale production of cotton textiles and leather goods; food processing; handicrafts; small aluminum products factory; cement

 

Exports:
Crude petroleum, refined oil products, seafood and fruit.

• Main trade partners: China, France, Kuwait, United Arab Emirates and USA.

Imports:
Petroleum products, cereal, feed grains, food and machinery.

Exchange rates:
Yemeni Riyal (YER) = 100 fils. Notes are in denominations of YER1,000, 500, 200, 100, 50 and 20. Coins are in denominations of YER10, 5 and 1.
http://www.worldtravelguide.net/country/312/money/Middle-East/Yemen.html


GDP :
US$22.7 billion (2007).
 

Exchange rates:

Useful links:

 

  • Trade Fairs
  • Companies

 

 

 

 

  Copyright By :  Kish Trade Promotion Center  2002