Starmer condemns anti-Muslim attacks in Scotland that leave five injured
British Prime Minister Keir Starmer has said the violent attacks in Edinburgh, Scotland, on Friday, which left five men injured, were motivated by "an...
China’s Dongfeng Audi Motors will invest $50 million to establish a vehicle manufacturing facility in Afghanistan, a move expected to create hundreds of local jobs and boost industrial growth.
In a significant boost to Afghanistan’s industrial sector, Chinese automaker Dongfeng Audi Motors has announced plans to invest $50 million in setting up a vehicle manufacturing plant in the country. The project, expected to be completed in three and a half years, will unfold in four phases and aims to produce 2,000 vehicles annually, including high-performance cars, trucks, and ambulances.
The proposal was formally presented to Mawlavi Ahmadullah Zahid, Deputy Minister of Industry and Commerce of Afghanistan’s interim administration, during a meeting on Monday, May 5th. Company representatives outlined their vision for the factory, which is projected to generate between 500 and 700 jobs for local workers, providing a much-needed economic lift.
Deputy Minister Zahid welcomed the investment, reaffirming Afghanistan’s commitment to fostering a secure and business-friendly environment for foreign investors. He assured full cooperation from the Ministry of Industry and Commerce, pledging to facilitate infrastructure development, streamline legal processes, and remove any obstacles to ensure the project’s success.
This initiative marks a major milestone in Afghanistan’s efforts to revive its industrial base and attract foreign capital. By establishing a domestic automotive production facility, the country aims to reduce reliance on imports, stimulate economic growth, and create sustainable employment opportunities. The Dongfeng Audi Motors investment signals growing confidence in Afghanistan’s potential as an emerging market for international businesses.
With the first phase of construction set to begin soon, the project is poised to play a pivotal role in strengthening Afghanistan’s manufacturing capabilities and supporting long-term economic stability.
A train driver has been killed and nine people remain in a critical condition in hospital, after two trains collided near Beford in the east of England on Friday. The passenger trains heading to London collided at around 17:15 local time (1615 GMT).
Morocco captain and PSG defender Achraf Hakimi will face trial in France after an appeals court ruled there was enough evidence for the case to proceed.
A magnitude 5.8 earthquake struck southwest of Greece’s island of Crete on Saturday, with no immediate reports of damage.
Paraguay kept their World Cup hopes alive with a hard-fought 1-0 victory over Türkiye, but the celebrations were tempered by a costly red card for veteran forward Miguel Almirón.
Israel and Hezbollah have agreed to a ceasefire, a senior U.S. official has said. Hezbollah has released a statement saying Israel must leave southern Lebanon. Israel has said it agrees to the ceasefire, but has said its armed forces won't leave Lebanon and will resume hostilities if attacked.
Media leaders from across Europe gathered in Vienna this week for the annual European Publishing Congress.
Amazon founder Jeff Bezos has said artificial intelligence will ultimately lead to labour shortages rather than widespread unemployment, pushing back against growing fears that AI will replace human workers.
French department store BHV and online fast-fashion retailer Shein have ended their partnership, seven months after the launch of a permanent Shein shop in Paris triggered controversy and widespread criticism.
China’s retail sales fell for the first time in more than three years in May, while urban investment contracted more than expected, signaling further weakness in the world’s second-largest economy.
Macao opened the 17th International Infrastructure Investment and Construction Forum on Thursday, with officials and industry leaders highlighting the role of green and digital technologies in strengthening global infrastructure connectivity.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment