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Kabul Municipality collecting fees illegally-ACCI

Afghanistan Chamber of Commerce and Industries deputy chief Khan Jan Alokozai said in a press conference on Thursday that Kabul municipality is acting against the decision of the Council of Ministers and collecting transit fees at Kabul’s gates. The Council

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Railroads-a must for Afghanistan mining

Researchers working for the U.S. military have drafted an 80-page report concluding that Afghanistan’s lack of railroad may be an obstacle to transforming its USD 1 trillion in mineral deposits into an economic engine. Afghanistan must develop a railway network

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22 power towers launched

Da Afghanistan Breshna Sherkat (DABS) inaugurated 22 power towers in Kabul and provinces of Kapisa and Parwan. DABS CEO Abdul Razique Samadi, speaking at the inauguration ceremony of one of the towers, said 22 power towers are opened in the

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Afghanistan’s economic growth dropped by 5.7% in 2011

According to the Asian Development Bank’s latest report, Afghanistan’s economic growth is reduced by 5.7% mainly caused by decline in agricultural production due to constant droughts. As per the report, expenses of the private sector associated with more frequent flow

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Samsung called for a retrial of patent dispute against Apple

Samsung challenged California court’s verdict which awarded Apple USD 1.05bn, after ruling several of its software and design technologies and been infringed. Samsung has called for a retrial of the case, claiming the jury has not answered questions “truthfully”. Samsung

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Iran Rial has lost 1/3 of its value

Protesters took it to the streets, expressing their angers at the plunging of the Rial currency. Foreign exchange dealers, some with license and some without, were lined up on the two sides of the roads. Iranian riot police officers clashed

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Final day for Afghan to get rid of old bank notes

Afghans had their last chance to trade in the last of their old bank notes for the country’s new currency. “Today’s the last day to trade in old afghanis and we’ve had a lot more people coming to change them

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