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USAID and Afghanistan Banks Association Open Access to Finance Exhibition

USAID Press Release- The United States Agency for International Development (USAID) and the Afghanistan Banks Association (ABA) today opened the Access to Finance (A2F) Exhibition. This two-day event connects banks and other financial institutions with enterprises looking for financing to

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Agriculture exhibition inaugurated in Herat

Agriculture and Livestock Minister Asif Rahimi launched a 3-day exhibition of agricultural products in Herat city. The exhibition is held to help meet the demands of the farmers who had called on the government for support to promote their products.

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Hundreds of million dollars of loans returned to the Kabul Bank

Kabul Bank officials reported that USD 186mn of loans has been returned to Kabul Bank in the form of cash and property. Undocumented loans worth USD 980mn were give out two years ago which led to the downfall of the

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Kunduz Airport’s Runway Inaugurated

Funded by Germany, a USD 5mn runway was inaugurated in Kunduz, said Sayed Anwar Sadat, manager at the Kunduz Airport. The runway is 2km long and 45m wide and is built in accordance with international standards. Kunduz is situation in

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Taliban contributing to the reconstruction of Afghanistan for the first time ever

Taliban announced the completion of the construction of a 5km road in the Shikh region of the district of Alingar in eastern Laghman province. Zabiullah Mujahid, spokesperson of the Taliban group in Laghman, said the road was destroyed due to

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Uruzgan's Public Works Dept. gets new building

The inauguration of a new building for the Department of Public Work was held in central Uruzgan province on Sunday. Governor Amir Mohammad Akhundzada said the project is funded by the Ministry of Finance and cost 4.8mn AFN. Constructed on

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Uruzgan’s Public Works Dept. gets new building

The inauguration of a new building for the Department of Public Work was held in central Uruzgan province on Sunday. Governor Amir Mohammad Akhundzada said the project is funded by the Ministry of Finance and cost 4.8mn AFN. Constructed on

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5 new foreign airlines to invest in Afghanistan

Afghan Ministry of Transport and Civil Aviation (MTCA) said that 5 new foreign airlines are willing to open routes to Afghanistan, four of them being from Switzerland, Holland, Austria and Thailand. Two of the airlines will soon start flying, according

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Women’s Domination Short Story Competition

In the long history of humanity, domination has been a major concern because there always had to be some kind of a leader. Leadership and domination, then, did not necessarily have a negative sense. They meant the set of qualities

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Japanese businesses showing to be more pessimistic than optimistic

The Bank of Japan’s Tankan Survey reported the mood of businesses in Japan to be deteriorating, showing a minus 3 value. The Tankan is calculated by subtracting the percentage of firms who say conditions are poor from those say they

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Eurozone manufacturing output showed slight upturn

Eurozone’s Purchasing Manager’s Index (PMI) went up from 45.1 in August to 46.1 in the month. The manufacturing output has eased, yet a figure below 50 indicates contraction. France reported a PMI of 42.7, one of its sharpest falls in

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Regional intelligence interrupting mining services in Afghanistan

Mining Ministry Waheedullah Shahrani said that insecurity in Afghanistan is lessening foreign companies’ interest in investing in the mineral sector of Afghanistan. Afghanistan’s mineral sector is considered one of the main sources of income for the country post-2014; however, officials

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Exxon’s appetite to invest in Afghanistan fading?!

Mining Minister Waheedullah Sharani said that Exxon Mobil Corp, the world’s biggest non-state oil company, has not yet turned up for a site tour of the new Afghan oil concession in the north of the country. Exxon is one of

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Afghanistan minerals smuggled to Pakistan

Minister of Mines Wahidullah Shahrani informed the Meshrano Jirga, or upper house of parliament, about the smuggling of precious and semi-precious stones from Afghanistan to Pakistan. Pakistan generates about USD 350mn revenue on smuggling of these stones annually, while Afghanistan

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