TEHRAN, Iran (MNTV) — Iran’s National Development Fund (NDFI) has earmarked $30 billion for investment in domestic energy projects, according to its board chairman, Mehdi Ghazanfari. Speaking at a press conference alongside other board members, Ghazanfari said the fund will channel its accessible resources into petroleum and electricity ventur...
ABU DHABI, UAE (MNTV) — Abu Dhabi Islamic Bank (ADIB) reported robust financial results for the first half of 2025, with net profit before tax reaching AED 4 billion, reflecting a 16% year-on-year (YoY) increase. The bank attributed the growth to strong balance sheet fundamentals, solid customer momentum, and increased business activity across...
DAMASCUS, Syria (MNTV) — Syria has signed a $4 billion agreement with a consortium of Qatari, Turkish, and American firms to redevelop Damascus International Airport, in a landmark investment aimed at transforming the country’s aviation infrastructure. The deal was formalized between the General Authority of Civil Aviation and representa...
RIYADH, Saudi Arabia (MNTV) — The number of individual investment portfolios in Saudi Arabia’s main stock market saw a 13.5% year-on-year increase in the first quarter of 2025, reaching 13,562,817, according to new figures released by the Capital Market Authority (CMA). According to a Saudi Gazette report, this marks a rise of over 1.61 millio...
RABAT, Morocco (MNTV) — Saudi-listed ACWA Power has been awarded contracts to develop and operate the Noor Midelt II and III solar power projects in Morocco, with a combined capacity of 800 megawatts, according to local media reports. The twin photovoltaic (PV) projects, each generating 400 MW, will incorporate battery energy storage systems (...
RIYADH, Saudi Arabia (MNTV) — The Imam Turki bin Abdullah Royal Reserve Development Authority, in collaboration with the Social Development Bank, has launched a series of targeted training workshops aimed at enhancing financial literacy and entrepreneurial skills. According to Arab News, the initiative seeks to empower local community members...
KABUL, Afghanistan (MNTV) — A group of around 600 Afghan investors has come together to launch a major commercial township project on the outskirts of Kabul, signaling renewed business confidence amid what officials describe as improved security and stability. The development, located in District 22 of Kabul, will span 200 acres and involve a ...
TEHRAN, Iran (MNTV) — The 7th International Exhibition and Conference on Iran’s Distribution Industry opened at the Iran Mall Exhibition and Convention Center in Tehran, drawing a strong turnout from the country’s private sector and key commercial associations. Organized to enhance cooperation and innovation across the logistics and supply sec...
WASHINGTON (MNTV) — U.S. President Donald Trump on Wednesday imposed an additional 25% tariff on Indian goods, raising the total duty to a staggering 50%—the highest levied on any U.S. trading partner. The move, formalized via an executive order, comes in retaliation for India’s continued import of Russian crude oil, which Trump claims indirec...
BAGHDAD, Iraq (MNTV) — Iraq has awarded a $2.5 billion contract to China Petroleum Engineering Corporation (CPEC) to develop a major seawater pipeline project aimed at supporting the country’s southern oilfields. The Basra Oil Company (BOC), a key state-run entity overseeing Iraq’s southern energy sector, selected CPEC’s affiliate, Pipeline En...
