VOL. XXXV

NO. 4

28-OCTOBER-1991

Yemen

YCIOM to Set Up Joint Venture Service Companies for Oil Sector

MEES learns that the state-owned Yemen Company for Investment in Oil andMinerals (YCIOM) is in the process of setting up a number of joint venturefirms with local and expatriate Yemeni private companies and/or foreign firmsto provide various services for the expanding oil sector in the Yemen. YCIOM,which is headed by Mr. Rashid al-Kaff, will hold on behalf of the YemeniGovernment a controlling...