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About Business Environment of Yemen

Doing Business In Yemen

  1. Yemen’s overall Doing Business 2013 ranking is 118th out of 185 economies this year. The score decreased by 17 points from last year, reflecting large decreases in the Getting Electricity, Starting a Business, and Dealing with Construction Permits indicators.
  2. According to the latest Enterprise Surveys (2010), the top obstacles to running a business in Yemen include electricity and corruption.
  3. Yemen’s economic freedom score is 55.3, making its economy the 121st freest in the 2012 Index. Its score is 1.1 point higher than last year due to improvements in freedom from corruption, labor freedom, and the control of government spending that in sum exceed a significant drop in monetary freedom. Yemen is ranked 13th out of 17 countries in the Middle East/North Africa region, and its overall score is lower than the world and regional averages.

Source: World Bank

 

Visa Information

Business Etiquette

General Business Hours

Hours vary. Outside the central highlands, where the climate is hotter, there is often an extended midday break (but businesses open earlier and close later). Some businesses close at 1pm regardless and reopen around 6pm.

 

Banks 8am to noon Saturday to Thursday, open only until 11am on Thursday.

 

Government offices 8am to 3pm, although in practice many close by 1pm or 1.30pm.

 

Post offices8.30am to 1pm and 3.30pm to 7pm Saturday to Thursday. Usually open for an hour from 7pm to 8pm on Friday.

 

Restaurants7am to 11pm, although they may open earlier and close later in larger towns.

 

Shops & private businesses 9am to noon and 4pm to 8pm Saturday to Thursday. Some open on Friday as well.

 

Telecom & internet centres 7am to 11pm.

 

Yemenia 8am to 1pm or 2pm & 5pm to 7pm or 8pm Saturday to Wednesday, 9am to noon Friday.