Economy
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Afghanistan
Afghanistan, Kuwait Seek to Expand Trade and Investment Cooperation
DID Press: Afghanistan and Kuwait have discussed expanding trade and investment cooperation, according to Afghanistan’s embassy in Kuwait. Mohammad Shafiq Khatib, Afghanistan’s chargé d’affaires in Kuwait, met with Kuwaiti investor Ajeej Khalaf and a number of Kuwaiti businessmen and investors…
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Economy
Pakistan: Protests Erupt Over Fuel Price Hikes and Heavy Taxes
DID Press: Thousands of people took part in demonstrations in several Pakistani cities, protesting rising fuel prices, heavy taxation and mounting inflation. Thousands of Pakistanis marched in major cities across the country, including Islamabad, Lahore and Karachi, against the government’s…
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Afghanistan
$30 Million Oil Refinery Begins Operations in Afghanistan’s Sar-e Pul
DID Press: An oil refinery with an investment of $30 million has begun operations in Afghanistan’s northern Sar-e Pul province, with a daily processing capacity of 600 tonnes of crude oil. Officials at the refinery said the required crude oil…
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Afghanistan
Construction Begins on $143 Million Gulbahar Cement Plant in Herat
DID Press: Construction has begun on the Gulbahar cement plant in Zindajan district of western Afghanistan’s Herat province, with an investment of $143 million. The project is expected to be completed within two years and will have a production capacity…
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Afghanistan
Khalilzad: Pakistan Has Not Improved 3 Years After Imran Khan’s Imprisonment
DID Press: Former US Special Representative for Afghanistan Reconciliation Zalmay Khalilzad has criticized Pakistan’s current situation, arguing that the imprisonment of former Prime Minister Imran Khan has not improved the country’s conditions and has instead coincided with worsening political, economic…
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Afghanistan
Herat Authorities Set Rent Cap to Curb Housing Price Increases
DID Press: Taliban authorities in Afghanistan’s western Herat province have introduced a new rent ceiling for residential properties, setting prices at 2023 rates plus a 10 percent increase in an effort to control rising housing costs and protect tenants. The…
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Economy
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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