Israeli investors negotiate hotel acquisitions in Yemen

Israeli investors are allegedly negotiating the acquisition of a string of hotels in Sanaa, Yemen, reported Al-Shmoa Magazine. The deal is expected to be approved in the coming weeks.

According to the Yemeni weekly, the group, made up of Israeli and Jewish investors, are seeking to close a deal with a local hotel owner. Rumors have linked the proprietor to a collaboration effort that took place in the 1980s to smuggle Ethiopian Jews to Israel.

Israelis have never been permitted to enter Yemen on Israeli passports and like most Arab countries; Yemen has no diplomatic relations with the Jewish state. The two countries do not even have a direct telephone link.

Yemen’s tourism sector has lost over $250 million since the September 11, 2001 attacks on the United States. The lack of European guests compelled the Ministry of Tourism to begin promoting religious sightseeing in order to attract visitors from India, Pakistan, East Asia and the Gulf.

According to the Yemeni weekly, the group, made up of Israeli and Jewish investors, are seeking to close a deal with a local hotel owner. Rumors have linked the proprietor to a collaboration effort that took place in the 1980s to smuggle Ethiopian Jews to Israel.

Israelis have never been permitted to enter Yemen on Israeli passports and like most Arab countries; Yemen has no diplomatic relations with the Jewish state. The two countries do not even have a direct telephone link.

Yemen’s tourism sector has lost over $250 million since the September 11, 2001 attacks on the United States. The lack of European guests compelled the Ministry of Tourism to begin promoting religious sightseeing in order to attract visitors from India, Pakistan, East Asia and the Gulf.