YEMEN'S MARKET OVERVIEW
Yemen is located in southwest Asia and south of the Arabian Peninsula, the capital of which is the beautiful city of Sanaa. Estimates show that the revenue situation in Yemen in 2019 grew by about 12 percent. Trade balances in Yemen are about 14% higher than before, and growth in this area is considered acceptable. Sanaa is one of the most important cities in Yemen, which has grown a lot in terms of work as beautiful city in the field of tourism. Britain conquered Yemen in 1943 but gained independence in 1967. The present-day Republic of Yemen was established in 1990 in Yemen. The people of Yemen have no interest in extravagance, and this can be seen in all the cities of Yemen. The flag of Yemen is tied to the history of this country.
Where is Yemen and how is situation of capital turnover?
The experience of traveling to Yemen is very unique and valuable. It is located next to Saudi Arabia and the UAE and is a spectacular paradise. The country has recently been embroiled in civil wars as well as other tribal wars, but it is now a very beautiful tourist and sightseeing area. The situation of travel and tourism, as well as the improvement of the transportation infrastructure in Yemen, has been declared better than in previous years. Export products to Yemen have changed a lot in recent years, as evidence shows that products imported to Yemen are mostly in the field of live food and livestock. Machinery as well as equipment and chemicals are other important products imported to Yemen.
Temperatures in the mountains vary with altitude and season, with an average of 16°C and frosty winter nights in the higher mountains. The Tihama coastal strip, by contrast, is always hot and is very humid during the rainy season, a climate similar to that across the Red Sea, in Eritrea and Somalia. The eastern desert has a dry climate, with heavy but sporadic rains and frosty nights.
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How is the export and import system of Yemen?
Estimates show that the revenue situation in Yemen in 2019 grew by about 12 percent. What is very important in the Yemeni economy is the situation of the annual GDP growth rate, which has grown by 20.00%. Trade balances in Yemen are about 14% higher than before, and growth in this area is considered acceptable. The current account balance in Yemen is about 13 percent, while the current account balance to GDP has grown by more than 13 percent.
The Yemeni economic chart and calendar show that the personal income tax rate in Yemen was initially 15 percent, which is now seen at 20 percent. As it is known, in Yemen, the sales tax rate is around 2 to 5 percent. Company registration in Yemen is mostly seen in the food route. The price of the Yemeni dinar has not changed much, and in changing the exchange rate of the Yemeni dinar, the current economic climate is assessed.
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Yemen Natural Stones Market
Yemen Minerals Market
Yemen Petroleum Market
Yemen Gemstones Market
Yemen Construction Materials Market
Yemen Chemicals Market
Yemen Metals Market
Yemen Petrochemicals Market
Yemen Real estates Market
Yemen Food Market
Yemen Crops Market
Yemen art and craft Market
Global ranking in all areas of Yemen
The current account balance in Yemen is about 13 percent, while the current account balance to GDP has grown by more than 13 percent. The export and import system in Yemen has grown by 74%, and it is clear that the trade process in Yemen is being seriously pursued. Keep in mind that the situation of capital turnover in Yemen has also increased by 17%.
The Senate has 111 seats, and its representatives are appointed by the president. The House of Representatives in Yemen has about 301 seats, and representatives in the country are elected by popular vote for a six-year term. Keep in mind that the political structure of Yemen has not changed in writing to date.
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The capital and 9 major cities of Yemen
This beautiful city in the field of tourism is also on the list of important cities in Yemen. It is clear that this city has been rebuilt in recent years and is considered very valuable. Also, the city of Aden is one of the other important cities in Yemen that has been able to achieve good results in recent years, this city has seriously reached good economic approaches and is a trade route for it.
The return of the Indian Ocean to the Red Sea is also followed in certain periods. The Sabaeans ruled the region for about nine centuries. This government was overthrown by the Homerians. The Hamirian rule lasted from 515 BC to 531 BC and was extinct by the Abyssinians. In 1750, the land became part of the Ottoman Empire and became independent.
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Yemen dependent countries and regions
The culture of the Yemeni people
The Yemeni people are seen in the average age of 17 years. In general, this country has a lot of young people, and the life expectancy of the Yemeni people is 65 years for women and about 61 years for men. The official religion in Yemen is Islam, and in general, the language of Yemen is Arabic. In the culture of the Yemeni people, speaking Arabic is sacred and very valuable.
It is worth mentioning that Yemen is one of the best countries that has been able to consider a consistent approach in the field of urban transportation, and fortunately, there is a lot of success in this field, and transportation is one of the advanced sectors in Yemen.
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General laws in Yemen
The Yemeni people are not interested in wearing the non-hijab, and this has become a law regarding the hijab in Yemen. In the laws of Yemen, life is seen in a special way, and it is clear that the path of life in this country is accompanied by contentment.
In the oil and gas sector, the war has made Sanaa unable to use this important economic and talented sector in Yemen. Yemeni oil production in 2014 was 133,000 barrels per day. Yemeni gas production this year amounted to 270 billion cubic feet. But now that Yemen is at war, and even before that, production in these sectors is facing security problems. Thus, the Yemenis are now forced to restore political security to their country in order to revive the economy and save millions from poverty.
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