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West Asia

Afghan Gov't Approves 27 Projects

Afghan Gov't Approves 27 Projects

TEHRAN (ANA)- The Afghan caretaker government's national procurement commission has approved 27 projects worth 5 billion afghani (about 73 million U.S. dollars), according to the office of the acting deputy prime minister for economic affairs.
Water Level in Türkiye's Sapanca Lake Hits Five-Year Low amid Drought

Water Level in Türkiye's Sapanca Lake Hits Five-Year Low amid Drought

TEHRAN (ANA)- The water level in Sapanca Lake, a critical drinking water source for northwestern Türkiye, has dropped to its lowest point in five years due to ongoing drought conditions, local media reported.
Türkiye Revises Up Inflation Forecasts for 2024, 2025

Türkiye Revises Up Inflation Forecasts for 2024, 2025

TEHRAN (ANA)- Türkiye's central bank announced an upward revision to its year-end inflation forecasts, previously 38 percent for 2024 and 14 percent for 2025.
Türkiye Aims to Boost Renewable Energy Share in Electricity Production

Türkiye Aims to Boost Renewable Energy Share in Electricity Production

TEHRAN (ANA)- Türkiye is aiming to further boost the share of renewable energy in its electricity production to 47.8 percent by 2025, according to a report by the semi-official Anadolu Agency, citing the 2025 budget proposal of the Energy and Natural Resources Ministry.
Türkiye's House Sales Hit New Annual Peak, Rising 37.3 Percent in September

Türkiye's House Sales Hit New Annual Peak, Rising 37.3 Percent in September

TEHRAN (ANA)- House sales in Türkiye reached a new high for the year in September, with nearly 141,000 units sold, according to official data.
Afghanistan Gets Access to 900 MW Electricity

Afghanistan Gets Access to 900 MW Electricity

TEHRAN (ANA)- The Afghan caretaker government's acting Minister of Energy and Water Abdul Latif Mansoor has said that his war-torn country has access to 900 Megawatts of electricity and that efforts are underway to increase its capacity to 1,000 Megawatts, the state-run Bakhtar news agency reported.
Egypt, UAE Launch 35-Billion-USD Resort Project in N. Egypt

Egypt, UAE Launch 35-Billion-USD Resort Project in N. Egypt

TEHRAN (ANA)- Egyptian President Abdel-Fattah al-Sisi and visiting President of the United Arab Emirates (UAE) Sheikh Mohamed bin Zayed Al Nahyan launched the Ras Al-Hekma development project, a new resort city on Egypt's Northern coast.
Inflation in Türkiye Eases to 49.38 Percent, below Policy Rate

Inflation in Türkiye Eases to 49.38 Percent, below Policy Rate

TEHRAN (ANA)- Annual inflation in Türkiye slowed to 49.38 percent in September, marking the first time in three years that inflation has fallen below the country's policy interest rate, according to official data.
Pakistan's Foreign Exchange Reserves Increase 1.17 Billion USD

Pakistan's Foreign Exchange Reserves Increase 1.17 Billion USD

TEHRAN (ANA)- The State Bank of Pakistan (SBP) said that its foreign exchange reserves had increased 1.17 billion U.S. dollars.
Pakistan Signs 4 MOUs with Malaysia to Boost Trade

Pakistan Signs 4 MOUs with Malaysia to Boost Trade

TEHRAN (ANA)- Pakistan has signed four memorandums of understanding (MOUs) with Malaysia to boost trade ties between the two countries, the commerce ministry said in a statement.
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