Yemeni-UAE workforce investment company announced

SANA'A, Dec.18 (Saba) - The
General Holding Corporation for Property Development and Investment "Shibam" and
Sorouh Real
Estate Company have reached an agreement for establishing a Yemeni-UAE company for
qualifying and transferring workforce.
The agreement was signed on Friday in Sana'a by chairman of Shibam board of
directors Sa'ad Sabra and Sorouh director general Abdullah al Suwaidi.
The joint Yemeni-UAE labour investment company comes within the interest of the
government in meeting needs of real estate market and the construction boom in
Yemen, Sabra
said.
It was the concrete result of hard work to expand the partnership between the
Yemeni public and private sectors and their counterparts in Arab countries, mainly
in the Arabian
Gulf, he said.
The company will qualify and transfer Yemeni workforce specialized in construction
and civil engineering areas with the aim to have skilled labourers for Yemen and
GCC at
a time when workforce investment has become a race and industry, he added.
MD/FR