Finance Minister Engages with Yemeni Marble and Granite Industry Stakeholders

General

Sana'a: Minister of Finance Abduljabbar Ahmed met Wednesday with marble and granite manufacturers and traders at the Geological Survey and Mineral Resources Authority. The meeting aimed to discuss the future of the industry in Yemen.

According to Yemen News Agency, the meeting was attended by Deputy Minister of Oil and Minerals Mohammed al-Najjar, Finance Ministry Revenue Sector Undersecretary Mohammed Muthanna, and the Authority's Deputy Chairman Bakil Rassam. They reviewed the first joint decision aimed at protecting local products and supporting the growth of the marble industry, given the abundance and quality of Yemeni stone.

Discussions covered future plans to strengthen the sector by meeting local market needs, achieving self-sufficiency, and expanding production for export. The competitiveness of Yemeni marble was highlighted as a key advantage in these plans.

The meeting also underscored the investment opportunities available under the new investment law, which offers significant incentives to investors. It was agreed to form a committee from the Ministries of Finance, Oil, and Economy, along with the Geological Survey and Investment Authorities, to evaluate and resolve issues facing the sector.

Following the meeting, the minister toured the Geological Survey Authority's museum, which displays samples of minerals, stones, and marble found across Yemen. He was briefed on the country's mineral resources and emphasized the government's commitment to fostering investment opportunities in this sector.