SANAA, Yemen (MNTV) — The Houthis are threatening to intensify pressure on shipping through the Bab el-Mandeb Strait, raising concerns over another major disruption to global energy supplies as the wider regional conflict continues. The strategic waterway has become increasingly important after disruptions around the Strait of Hormuz, with Sau...
DHAKA, Bangladesh (MNTV) — Bangladesh is preparing for a major expansion of renewable energy over the next four years, with plans to develop about 10,000 megawatts of solar capacity as it seeks to reduce its dependence on imported fuels and make its electricity supply more secure. The government is targeting renewable sources for at least [&he...
BAGHDAD, Iraq (MNTV) — Iraq plans to increase production at the Akkas gas field in Anbar province nearly tenfold by 2030 under a new development agreement with U.S. energy company ConocoPhillips. Zawya reported that Iraq has awarded ConocoPhillips a contract to expand the country’s major gas field, as Baghdad moves ahead with plans to increase...
RABAT, Morocco (MNTV) — French defense technology company Harmattan AI has established an engineering center in Rabat and is preparing to begin mass production of drones in Morocco after recruiting 50 engineers. According to North Africa Post, the Paris-based company specializes in autonomous drones and artificial intelligence-based defense sy...
ABU DHABI, UAE (MNTV) — US-based NANO Nuclear Energy is looking to expand its presence in the Middle East following a partnership with UAE investment company EHC Investment to explore deployment of its micro modular reactors. The company’s chief executive, James Walker, said the Middle East could see increased interest in nuclear energy as gov...
MALÉ, Maldives (MNTV) — Maldives Islamic Bank has received an international award for its efforts to help women advance professionally and take on leadership positions, highlighting the growing role of women in the country’s Islamic financial sector. The bank received the WOMANi Leadership Award for Career Advancement 2026 from Cambridge IFA, ...
DHAKA, Bangladesh (MNTV) — Bangladesh has launched its first digital marketplace for raw cotton, creating a direct purchasing channel between the country’s textile mills and American farmers in an effort to cut out intermediaries, improve pricing and deepen trade with the United States. The platform, called CottonPort, was launched Thurs...
ORAN, Algeria (MNTV) — Chinese smartphone manufacturer Vivo has launched a smartphone assembly facility in Algeria as the company seeks to expand local production and benefit from the country’s growing demand for mobile devices. The plant, located in Oran and operated in partnership with Algerian firm Smart Technologie Innovation (STI), covers...
ANKARA, Türkiye (MNTV) — The 63rd Damascus International Fair is expected to create new opportunities for Turkish and Syrian companies to expand joint investment and local production as economic ties between the two countries continue to grow. The fair opened in Damascus on Aug. 26, bringing together businesses and investors from Türkiye, Syri...
MALÉ, Maldives (MNTV) — The Maldives plans to make its national currency the primary means of payment for all domestic transactions by the end of 2030, in a major push to reduce the heavily dollarized economy’s dependence on foreign currency. Maldives Monetary Authority Governor Ahmed Munawwar announced the goal at a press briefing, saying mor...
