Investment
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Economy
Millions Unemployed in Iraq as Private Sector Remains in “Critical Condition”
DID Press: Iraq is facing a growing unemployment crisis, driven by the entry of hundreds of thousands of young people into the labor market each year and the government’s limited capacity to absorb new workers. At the same time, structural…
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Afghanistan
19 Fire Engines Begin Operations at Herat Industrial Park
DID Press: Nineteen fire engines purchased by Afghan business owners at a cost of around $2 million have begun operating at the Herat Industrial Park, according to local officials. Officials said the vehicles will be operated by trained and professional…
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Afghanistan
New $10 Million Scanners Being Installed at Afghanistan-Iran Border
DID Press: Work is continuing on a nearly $10 million project to install new scanners at the Islam Qala border crossing in Afghanistan’s western Herat province, local officials said. According to Taliban officials, the project aims to strengthen the technical…
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Afghanistan
81 Afghan Traders Return, Invest $68 Million and Create 4,600 Jobs
DID Press: The Taliban government says 81 Afghan traders and industrialists have returned to Afghanistan over the past two years, investing a combined $68 million and creating more than 4,600 direct jobs. Hamdullah Fitrat, deputy spokesperson for the Taliban government,…
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Afghanistan
Taliban Delegation Visits Major Industrial Facilities in Belarus
DID Press: A Taliban delegation led by Agriculture, Irrigation and Livestock Minister Attaullah Omari has visited several major state-owned and private companies and industrial facilities in Belarus as part of efforts to expand economic cooperation between Kabul and Minsk. The…
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Economy
Saudi Arabia’s NEOM Vision Falters as Costs and Technical Challenges Mount
DID Press: The Wall Street Journal has reported that Saudi Arabia’s ambitious NEOM megaproject has been significantly scaled back and faces major setbacks after soaring costs and technical challenges undermined some of its most ambitious plans. According to the U.S.…
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Afghanistan
Kabul and Minsk Agree to Expand Economic and Trade Cooperation
DID Press: Afghanistan and Belarus have agreed to expand economic and trade cooperation during the second meeting of their Joint Economic and Trade Commission in Minsk. The meeting was co-chaired by Afghanistan’s Taliban-appointed Agriculture Minister, Mawlawi Ataullah Omari, and Belarusian…
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Afghanistan
Russian Investors Visit Afghanistan to Explore Business Opportunities
DID Press: A group of Russian businessmen and investors has traveled to Kabul to explore trade and investment opportunities in Afghanistan, meeting with Sayed Karim Hashemi, head of Afghanistan’s Chamber of Commerce and Investment. During the meeting, the two sides…
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Afghanistan
Iran-Afghanistan Economic Ties Need Action, Not More Meetings
DID Press: A recent meeting between a high-level delegation from Afghanistan’s Chamber of Commerce and Investment and the leadership of Iran’s Chamber of Commerce can be viewed positively as part of continued economic dialogue. However, the central challenge facing Iran-Afghanistan…
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Afghanistan
Herat Poised to Become Regional Industrial Hub, Taliban Governor Says
DID Press: Noor Ahmad Islamjar, the Taliban-appointed governor of Herat, said the western Afghan province could soon emerge as a major industrial and economic hub in the region as its industrial city expands, infrastructure develops and investment increases. Islamjar said…
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