Hudaydah

Investment Magazine / Special

As part of the interest in local investments and ensuring the protection of their activities, the Minister of Economy, Industry and Investment, Engineer Moeen Al-Mahakri, and the Minister of Finance, Abdul Jabbar Ahmed, directed the General Investment Authority and the relevant government agencies to provide the necessary support to the cotton gin and Al-Akhwein Steel Factory in Hodeidah Governorate to ensure their restoration after the damage caused by the recent airstrikes.

Investment Magazine/Private

The Director of the Office of Economy, Industry and Investment in Hodeidah Governorate, Saleh Mohammed, said that there are government directives to localize the cardboard industry in the governorate, stressing work in partnership with the private sector to promote and support this industry. This came during a meeting held on March 15, 2025, as part of the implementation of the economic stimulus program to support the local industrial sector and reduce dependence on imports.