Yemen's Natural Resources and their Potential for Economic Development

Abstract

This paper aims to analyse Yemen's natural resources and assess their potential for economic development. It highlights key resources, challenges and strategies for sustainable use to promote growth and stability. Yemen is endowed with diverse natural resources, including oil, natural gas, renewable energy, minerals, and fisheries, which are essential for its economic growth and development. Despite these resources, Yemen faces challenges such as political instability, poor infrastructure, and resource mismanagement that hinder sustainable development. This paper explores the key natural resources in Yemen, their economic contributions, and the barriers to their utilization. It highlights the potential of renewable energy and fisheries to diversify the economy and proposes strategies for sustainable development. Through effective governance, investments in infrastructure, and the adoption of renewable energy, Yemen can overcome these challenges and achieve economic stability and growth.