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YEMEN: BRITISH COMPANY TO BUILD HOTEL CHAIN IN ZUQR ISLANDIN.

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| January 01, 2002 | COPYRIGHT 2002 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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According to Al-Hayat newspaper (December 27, 2001), a senior official at the Yemeni General Investment Authority confirmed that Yemen signed a memorandum of understanding with a British company to set up a large tourism project at the Zuqr Islandin at the Red Sea. Initial predictions expect the project to cost $500 million to ...

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