EU interest in developing Yemeni democratic experience
Source: BI-ME and agencies , Author: BI-ME staff
Posted: Tue February 24, 2009 12:00 am

YEMEN. Members of European Parliament expressed in Sana'a on Monday the European Union's interest in developing the Yemeni democratic experience.

During his meeting with the EU delegation members, Speaker of Parliament Yahya al-Ra'ei said that the democracy is stable in Yemen because it is based on advance constitutional and legal rules, noting that it is permanently developed to benefit from the positive experiences of the friendly countries so as to upgrade the democratic process in general .

Al-Ra'ei also briefed the delegation on the democratic and parliamentary experience in Yemen, indicating the nature of duties carried out by the people's representatives in the legislative and observation fields and the major legislations approved by the parliament relating to the economic, financial and administrative reforms.

The Speaker pointed out the ongoing preparations for holding the forthcoming parliamentary elections on time, in April this year, noting to the underway dialogues among the political parities on practicing this democratic right.

The meeting reviewed other subjects related to the bilateral cooperation between Yemen and EU.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

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SAUDI ARABIA. The Saudi Arabian index is the region's most diverse capital market due to its size and maturity; Jadwa Investment views the opening up of the Tadawul as an overall positive but believes a cautious and considered path to reform is the best way forward, much like the Chinese example.
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LEBANON. The results of the Byblos Bank/AUB Consumer Confidence Index show a marginal improvement in January and February, picking up pace in March and April, and regressing in May and June 2014.
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LEBANON. The results of the Byblos Bank/AUB Consumer Confidence Index show a marginal improvement in January and February, picking up pace in March and April, and regressing in May and June 2014.
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