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Iran-Herat railroad to complete this year

The 61-km railroad that links Iran with Ghoriyan district of western Herat province would be completed until the end of Afghan solar year. The infrastructure project is an Iran-funded project that was first launched in 2007, and it was due

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Afghanistan the Fourth Major Importer of Iranian Products

According to Iran’s customs officials, Afghanistan purchased items worth USD 1,115,000,000 from Iran in the last five months, making Afghanistan the fourth largest importer of Iranian products behind Iraq (USD 2,416,000,000), China (2,780,000,000) and United Arab Emirates (USD 1,592,000,000). Due

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Five things wrong with India's economy

By: Alam Srinivas 1. Low Growth After several official predictions that India would grow by 7-8% in 2011-12, the finance minister finally admitted in his Budget 2012 speech that the growth would be 6.9%. The actual figure may be lower

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Five things wrong with India’s economy

By: Alam Srinivas 1. Low Growth After several official predictions that India would grow by 7-8% in 2011-12, the finance minister finally admitted in his Budget 2012 speech that the growth would be 6.9%. The actual figure may be lower

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Spain’s Manufacturing Sector Deceleration Eased

Spain’s manufacturing sector continued to contract in August as a recession weighed on production, but the downturn did at least decelerate helped by a softer fall in export orders, a survey showed today. The  manufacturing sector looked relatively healthy in

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Telecommunications Services Expanding in Rural Afghanistan

Afghanistan Ministry of Communications and Information Technology through various programs is expanding telecommunication services to rural areas of Afghanistan. Ministry officials said that 220 new antennas are installed in remote areas of Afghanistan, where people to date did not have

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Afghanistan’s revenues from over-flight fees increased two-fold

Afghanistan Ministry of Transport and Civil Aviation reported that with the installation of new equipments in 26 provinces, revenues generated from over-flight fees have doubled. The new antennas and equipments, granted by Germany and Australia, are capable of determining the

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Samangan’s wheat production 13 times higher than last year’s

This year Samangan’s wheat yield reached 168,000 tons, compared to last year’s 13,000 tons. Last year wheat yields were hit by fewer rains and drought conditions in the province throughout the year. According to the acting agriculture director Syed Rafiullah

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Etisalat 3G service in Kunduz

The Etisalat, a mobile telecommunication company in Afghanistan, launched 3G services in Kunduz city. The services were launched in the city during a ceremony held at a local hotel in Kunduz city. On the occasion, the Etisalat media in-charge Kifayatullah

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Afghanistan’s southern Helmand province has its largest mosque

Helmand’s largest mosque, funded by United Arab Emirates, is built in accordance with international standard on 32-acres of land. The mosque has a capacity of more than 7,000 and is built at a cost of USD 1.5mn. Situated in Kareh

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No region in Afghanistan would be without a school by 2014

Ministry of Education said that by 2014 all Afghan children, who have met the admission requirements, would be enrolled in schools. The ministry has promised that in the next two years schools would be open for every Afghan child and

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China Manufacturing Hits Nine Month Low

According to official figures, China’s manufacturing activity fell to a nine month low in August, showing serious weakness in the world’s second largest economy. A statement released on Saturday by the China Federation of Logistics and Purchasing shows the government’s

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Tokyo Court Decides in Favor of Samsung

Tokyo court ruled that Samsung has not infringed on patents held by Apple. Tokyo District Judge Tamotsu Shoji dismissed the case filed by Apple in August, finding that Samsung was not in violation of Apple patents related to synchronizing music

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Afghan Parliament Approves Plans for Maintaining Women Education

Plans designed to increase and sustain training and education of Afghan girls in schools and universities have been passed by the parliament on Saturday. A number of MPs aim to bring up the percentage of women receiving higher education to

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Afghanistan’s first ever “National Policy on Cyber Security”

Amid concerns over the insecurity of government IT systems, Ministry of Telecommunication and Information Technology announced the introduction of a policy to prevent cyber attacks. A ministry official, Zmaryalai Wafa, said the new policy would help protect secret government information

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USD 65m grant for promoting Afghan agriculture

A budget of USD 65mn is allocated for promoting agriculture in Afghanistan.  Afghanistan’s Ministry of Agriculture and Livestock will pay around USD 40mn from its own budget, while the remaining USD 25mn will be paid by the United States Agency

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Insurance Services and its Problems in Afghanistan

Despite the presence of four insurance companies in Afghanistan, individual insurance coverage is yet not available in Afghanistan and majority of people’s property are not indemnified. The culture of insurance is not as widespread among the general public. The insurance

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India’s economy grows at 5.5%, more than expected

India’s economy grew faster than expected in the April to June period. Most analysts had forecast a rate of 5.2%. The grow rate eases some fears about a sharp slowdown in Asia’s third-largest economy. The country’s economy however needs further

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Asphalting of roads in Herat Province

Asphalting of Road 2 of Guzarah District and Pashtoon Zarghoon District began on Wednesday. The project costs more than USD 11mn, which is funded by the national government. According to Herat’s governor Daud Saba, this is the first road, connecting

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US Fed hinting at QE3

US Fed chief Ben Bernanke has said that the Fed would take further measures to boost the economy. The measures may include pumping more money into the economy, a measure known as the Quantitative Easing (QE). The US central bank

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18,002,000 jobless in Eurozone

Eurozone unemployment hits a record high, with 88,000 more people added to the jobless total, totaling in 18,002,000 jobless. The record is the highest since 1995. Spaniards face the highest unemployment rate in the Eurozone at 25.1%. The lowest rate

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