STC Supreme Executive Leadership Discusses Arrangements for Donor and Economic Conferences and Lauds Price Control Efforts
The Supreme Executive Leadership of the Southern Transitional Council (STC) held its regular meeting...
President Al-Zubaidi Highlights Government Commitment to Supporting Local Investments
President Aidarous Qassem Al-Zubaidi, President of the Southern Transitional Council (STC) and Vice Chairman of the Presidential Leadership Council (PLC), met on Sunday in the capital, Aden, with Mohammed Saleh Al-Jahafi, General Manager of Bin Awadh Al-Naqeeb Commercial Company; Abdullah Sheikh Ahmed, Manager of the company's office in the Republic of India; and Abdulnasser Ahmed Al-Jifri, Legal Advisor to Al-Essa'i Cement Factory.
President Al-Zubaidi received a comprehensive briefing from Al-Naqeeb company's management on their efforts to maintain local market stability, ensure the availability of essential commodities at reasonable prices, and its commitment to positive engagement with ongoing financial and economic reforms, which have positively reflected on the improvement of exchange rates and the stability of commercial transactions.
The President also reviewed the company's key investment plans in the industrial sector, particularly in food manufacturing, aimed at achieving self-sufficiency and enhancing the competitiveness of local products.
In another context, President Al-Zubaidi was briefed by the legal advisor of Al-Essa'i Cement Factory on major violations committed against the factory's management and staff by outlaw elements that have disrupted certain production activities and caused some damage to the facility.
President Al-Zubaidi categorically rejected any attacks targeting national institutions and investment companies and reaffirmed that the country's leadership is committed to providing a safe and attractive investment environment, protecting investors' rights, and promoting public-private partnerships to drive economic development.
President Al-Zubaidi reiterated his appreciation for the positive stance of major commercial groups toward the financial and administrative reforms implemented by the Resources Committee, the government, and the Central Bank, and affirmed these efforts serve citizens' interests, anticipating further improvements in public services, market stability, and food security in the coming period.
