Economy
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Yemen War Losses Exceed $1T After 12 Years of Conflict, Sanaa Report Says
DID Press: A new assessment by Yemen’s Ministry of Economy, Industry and Investment in Sanaa says 12 years of war and blockade led by the Saudi-led military coalition have caused unprecedented damage to Yemen’s economic structure, with macroeconomic losses exceeding…
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22 Chinese Vessels Safely Transit Yemen’s Maritime Blockade
DID Press: A maritime analytics firm says 22 Chinese-flagged or Chinese-owned vessels have safely transited the Bab el-Mandeb Strait over the past 14 days, reaching Saudi ports without incident despite Yemen’s declared maritime blockade. According to maritime data company Windward,…
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Taliban Suspends Mining Operations in Badakhshan Pending New Regulations
DID Press: Taliban has suspended operations at part of the mining sector in Afghanistan’s northeastern Badakhshan Province while it reviews extraction regulations, citing illegal mining, disorder and the alleged seizure of mineral resources. Zabihullah Mujahid announced that mining activities in…
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NRC Presents 4-Year Afghanistan Strategy to Taliban Officials
DID Press: Norwegian Refugee Council (NRC) has presented its four-year strategy for Afghanistan to Taliban officials, outlining plans to continue humanitarian and development assistance despite declining international funding. According to a statement from the Ministry of Economy of Afghanistan, acting…
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Taliban Approves 5-Year Development Strategy for Afghanistan
DID Press: Taliban says it has approved a five-year national development strategy aimed at attracting foreign investment, expanding domestic industries, strengthening agriculture and creating jobs as part of its long-term economic agenda. Zabihullah Mujahid announced during the second edition of…
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Former Pakistani Envoy: Afghanistan Still Faces Crisis Under Taliban Rule
DID Press: Former Pakistani special envoy for Afghanistan Asif Durrani said Afghanistan has not achieved stability or prosperity under Taliban rule, arguing that the country continues to face deep economic, social and political challenges. Durrani said Afghanistan has not become…
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Saudi Oil Infrastructure Faces New Pressure After Reported Pipeline Attack
DID Press: Yemen’s Ansarullah movement has intensified pressure on Saudi Arabia’s oil sector by targeting parts of the kingdom’s strategic East–West oil pipeline, with Yemeni military sources claiming the operation highlights vulnerabilities in Saudi energy infrastructure. According to sources affiliated…
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FUCHS Halts Production at Major Saudi Plant After Massive Fire
DID Press: German lubricant manufacturer FUCHS SE has announced the suspension of operations at its joint Alhamrani-Fuchs Petroleum Saudi Arabia plant at Saudi Arabia’s Yanbu port following a major fire on July 25 that caused extensive damage. The company said…
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UN: Only 11% of Afghan Returnees Have Jobs Amid Growing Hardship
DID Press: Two United Nations agencies have warned that worsening economic and social conditions in Afghanistan are leaving returnees increasingly vulnerable to human trafficking, forced labor and other forms of exploitation. The International Organization for Migration and the United Nations…
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US Crude Oil Inventories Fall by 7.2 Million Barrels
DID Press: US commercial crude oil inventories fell by 7.2 million barrels in the week ending July 24, reaching approximately 404.5 million barrels, according to the weekly report from the U.S. Energy Information Administration (EIA). The EIA said crude stockpiles…
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