Almotamar.net - The Kuwaiti companies Iwaa and Investor have agreed with the Yemeni Investment Authority on granting the two companies licenses for building investment projects including the building of residential townships, and tourist complexes on the Red Sea and Arabian Sea at a cost reaching $ 4.5 billion.

Signing the agreement will be held in Sana'a next Monday and the ceremony will be attended by a number of ministers and officials as well as the ambassador of Kuwait to Yemen Ghasab Al-Zamanan.