India wills to found investment bank in Sana'a

ADEN, Nov. 05 (Saba) - Indian ambassador to Sana'a Rabby Mohan
Aggarwal voiced Saturday his country's willingness to set up an
investment bank in the capital of Sana'a and its branch in the Aden
Free Zone.

During his meeting with Deputy Chairman of the Free Zones General
Authority and the Head of the Aden Free Zone (AFZ) Abdul-Jalil
al-Shuaibi, the Indian diplomat said that the establishment of the
bank is to meet with growing requests of Indian companies to invest
in Aden.

Moreover, Aggarwal extended an invitation to the AFZ's Head to take
part in the International Commercial Conference to be held in New
Delhi on 14 November, noting that about over 20 countries and 150
international companies would participate in the conference.

He also expressed his country's readiness to offer training courses
and specialized programs to qualify a number of the AFZ's cadres,
indicating that the first group could be sent in March 2009.

AF/AF