Yemen has received the chairmanship of the Dubai-Aden Port Development Company (DAPDC) from DP World to be responsible for running and developing the Aden Port.
Transport Ministry reported on its website Yemen was handed over the chairmanship at the company's non-ordinary meeting in Dubai this week.
At the meeting, a board of directors of the joint venture and representatives of the general assembly have been chosen for the first time since the company was founded years ago, it said.
Since a power-transfer deal took office after the 2011 unrest, the ministry has worked hard to reconsider the agreement, which was signed with DP World in 2008, amid wide criticism over the deteriorating situation of the Aden Port.
Economists said this port key port, which can help boost Yemen's economy, has deteriorated largely, blaming DP World.
Earlier this year, officials said the ministry had prepared an international tender to develop the Aden Port, saying the Yemeni government would be responsible for running and developing it.
In the meantime, Transport Minister, Waed Bathib, has met with foreign companies including the South Korean Hyundai and discussed possible opportunities to develop Yemeni air and sea ports.