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Millions of dollars smuggled out of the Kabul Bank to foreign countries

The Independent Joint Anti-Corruption Monitoring and Evaluation Committee released on Wednesday an 87-page report on the embezzlement at the Kabul Bank, Afghanistan’s first private bank. The Committee’s Chairman, Drago Kos, said USD 5bn was illegally transferred abroad. Also on Wednesday,

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There would be no major crisis in Afghanistan post-2014- President Hamid Karzai

Addressing the inaugural ceremony of the Afghanistan National Industrial Conference, President Hamid Karzai assured his country that Afghanistan would not face any economic crisis after 2014, when many of the foreign troops are scheduled to leave. He alleged the Western

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The Afghanistan Summit III to be held in Dubai

CWI Summits is the market leader in providing business summits to developing/emerging nations. Our team of experts excel in producing world-class events, bringing public-sector stakeholders together with senior private-sector representatives from across the globe. CWI Summits’ partnerships with government cabinets

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Afghan Senators approve next year’s budget

The Meshrano Jerga or the Senate has given their approval for next year’s budget beginning on December 21. The government has proposed 170bn AFN for the development budget and 196 AFN for the general budget. The budget received criticism from

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Inauguration of the Afghanistan National Industrial Conference

The Afghanistan Investment Support Agency (AISA) organized a conference with the theme of “The Rising Afghan Industry” in November at the Loya Jirga Compound. Inaugurating the conference, President Hamid Karzai emphasized on the growth of domestic products and protecting them

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