BAGHDAD, Iraq (MNTV) — International ratings agency Fitch Ratings has reaffirmed Iraq’s sovereign credit rating at B- with a stable outlook, signaling continued confidence in the country’s financial position despite regional and global pressures, the Ministry of Finance said. In its latest assessment, Fitch highlighted the resilience of Iraq’s...
MALÉ, Maldives (MNTV) — The Maldives has secured new international financing to expand and modernise its public health system, with the Islamic Development Bank approving a grant worth $400,000 to support stronger primary healthcare and referral services across the island nation. The funding was announced over the weekend during the country’s ...
DUBAI, UAE (MNTV) — Airlines in the Middle East are projected to be the world’s most profitable in 2026, outperforming global averages in both financial performance and operational efficiency, according to the latest data from the International Air Transport Association (IATA). Reports from industry sources highlight the region’s rising domin...
HERAT CITY, Afghanistan (MNTV) — In a milestone for Afghanistan’s artisan economy, traditional glassware crafted in Herat has been exported to Europe and the United States for the first time, Pajhwok Afghan News reported. Officials said 500 pieces of decorative mosaic-style glass ornaments — featuring intricate miniature artwork and made using...
DOHA, Qatar (MNTV) — Qatar has formed a $20 billion joint venture with Canada-based Brookfield to develop large-scale artificial intelligence infrastructure, a move officials say will position the country as a leading regional center for next-generation computing. The partnership involves Qai, a subsidiary of the Qatar Investment Authority, an...
RIYADH, Saudi Arabia (MNTV) — The European Bank for Reconstruction and Development (EBRD) and several Egyptian government entities signed six memoranda of understanding designed to deepen cooperation on investment promotion, energy infrastructure, and sustainable-development initiatives in Egypt. Egypt’s Prime Minister Mostafa Madbouly, presen...
RIYADH, Saudi Arabia (MNTV) – Saudi Arabia and Qatar have signed a landmark agreement to construct a 785-kilometer high-speed railway connecting Riyadh’s King Salman International Airport with Doha’s Hamad International Airport, cutting travel time between the two capitals to around two hours. The deal was finalized during a meeting between S...
MUSCAT, Oman (MNTV) – Oman has regained investment-grade status after Fitch Ratings lifted the Sultanate’s long-term foreign-currency rating from BB+ to BBB-, citing stronger public finances, a healthier external position, and sustained commitment to prudent fiscal policy. Fitch said Oman has sharply reduced its government debt burden to rough...
MUSCAT, Oman (MNTV) – Oman has launched a Smart Vegetable Farms project backed by Oman India Fertiliser Company, introducing advanced plant-factory systems designed to transform domestic agriculture through fully controlled indoor environments. The Ministry of Agriculture, Fisheries and Water Resources said the project uses industrial-scale cl...
CAIRO, Egypt (MNTV) – Egypt’s Suez Canal earned $1.97 billion in the first five months of the fiscal year, up 17.5 percent year-on-year, on the back of 5,874 ship transits since July, Suez Canal Authority Chairman Osama Rabie told an International Monetary Fund delegation. According to Arab News, Rabie’s update supports Prime Minister Mostafa ...
