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Food down, fuel & gold up in Kabul

Pajhwok Afghan News Weekly Price Report-Food items’ prices decreased during the outgoing week in Kabul, where the rates of gold and fuel edged up, retailers said on Thursday. Food Traders’ Union head Fazal Rahman said the price of a 50-kg

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Food down, fuel & gold up in Kabul

Pajhwok Afghan News Weekly Price Report-Food items’ prices decreased during the outgoing week in Kabul, where the rates of gold and fuel edged up, retailers said on Thursday. Food Traders’ Union head Fazal Rahman said the price of a 50-kg

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How we can work together to tackle the water crisis

In my first article on LinkedIn, I argued that water scarcity is the central crisis of our time, and that my aim is to “bring greater visibility to the issue, and to dare to suggest solutions to such a challenge”. So what

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Japan to donate more than USD 3mn to Herat

Japan has pledged USD 3mn and 400 thousand in aid to Herat’s municipality. The aid is aimed at urban development and urban management through the municipality. Herat’s municipal Mohammad Salim Taraki said Japanese officials in an official meeting in Turkey

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US-Afghanistan TIFA Council 7th meeting

 Senior officials from the Governments of the United States and Afghanistan met Wednesday to continue their trade dialogue and evaluate progress under the United States-Afghanistan Trade and Investment Framework Agreement (TIFA). The officials discussed a wide range of trade and

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Japan pledges USD 281mn in aid to Afghanistan

Japan signed a USD 281mn contract with the Afghan government on Thursday for the completion of 14 projects through 9 offices of the United Nations in Afghanistan. The money would be spent towards the agriculture sector, education sector, health sector,

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AISA presents Afghanistan’s investment plans to international donors

The Afghanistan Investment Support Agency (AISA) presented a four-year blueprint to the donors stating ways on how to attract investors into Afghanistan. The AISA officials have projected the plan to cost USD 200mn, with a hope that it will  be

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DABS solves power problems of Northern provinces

Da Afghanistan Breshna Sherkat  (DABS) would soon solve the weak and inconsistent power supply problem in some of the northern provinces of Afghanistan, announced DABS CEO Abdul Razique Samadi at a press conference with the members of the lower house

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USD 50mn of Kabul Bank loans to be recovered in a fortnight

Da Afghanistan Bank (DAB), central bank of Afghanistan, announced Wednesday that Kabul Bank loans worth USD 50mn would be recovered in the next two weeks through the auction of defaulters’ property. Kabul Bank, Afghanistan’s first private bank, was on the

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Health Outcomes of Afghans Set to Improve

The World Bank approved today a $100 million grant from the International Development Association (IDA) to help the government of Afghanistan expand the scope, quality and coverage of basic health and essential hospital services in Afghanistan. The Afghanistan System Enhancement

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Samsung loses Japan iPhone battle but gains help of ex-judge

BBC News-Samsung has failed to secure a iPhone ban in Japan in its latest patent fight with Apple. The Galaxy smartphone maker had claimed Apple had infringed the rights to one of its 3G technologies. The South Korean firm has

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Laghman cultivates more vegetables today than before

Many Laghman farmers are switching to cultivating a variety of vegetables as an alternative to poppy cultivation. “We produce more vegetables today than before,” said Laghman’s director of Agriculture, Irrigation and Livestock Mohammad Ismail Daulatzai. Farmers are also experiencing with

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India’s role crucial for economic future of Afghanistan-US official

While in one hand President Barack Obama’s Defense Secretary Nominee Chuck Hagel has alleged India for financing problems for Pakistan in Afghanistan, another America’s top official has termed New Delhi crucial for economic growth of Afghanistan post the withdrawal of

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Afghan traders no longer use Karachi Port

Following the troubles caused to Afghan traders at the Karachi port, Afghan traders have decided to transit their goods through Iranian ports of  Bandarabbas and Chabahar instead of the Karachi Port. Afghan traders were inflicted millions of dollars of losses

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“Afghan government alone cannot strengthen the agriculture sector”

Agriculture department of Herat called on the international community to assist with the development of Afghanistan’s agricultural sector, as the Afghan government alone is unable to strengthen the sector. At a press conference attended by United Nations Assistance Missions in

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Vocational training courses to militants who joined peace

Vocational training courses are initiated to a number of militants who have recently dropped their weapons and have joined the nation’s peace process in Herat province. Head of the High Peace Council Secretariat in the West zone Ahmad Yama Amini

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Multi-story flats to be built in Kabul

Two Turkish construction companies are awarded the contract for building several 15-story buildings in Khwaja Rawash area of central Kabul. Costing USD 80mn, the project will be jointly funded by the Turkish firms and the Urban Development Ministry. Urban Development

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Finance Ministry’s new efforts towards enhancing investment in Afghanistan

Finance Minister Hazrat Omar Zakhilwal discussed the policy draft on how to encourage investment with the Council of Ministers on Tuesday. Attracting investment, preventing capital flight, creating more jobs and lessening people’s concerns about the economic slowdown are the main

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Pashtun stage play brings Pakistan, Afghanistan closer

PESHAWAR – A play about 17th-century warrior and poet Khushal Khan Khattak, which played to a full house every night in Peshawar February 4-6, has drawn the attention of the Afghan government. Kabul asked the Khyber Pakhtunkhwa (KP) government to

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Yahoo chief bans working from home

Since Marissa Mayer became chief executive of Yahoo, she has been working hard to get the Internet pioneer off its deathbed and make it an innovator once again. She started with free food and new smartphones for every employee, borrowing

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Japan to sell shares to Japan Tobacco Company

In a bid to raise funds for the reconstruction of the devastated areas of Japan post the 2011 earthquake and tsunami, Japanese government has decided to sell a third of its stake in Japan Tobacco. Japan Tobacco is the third

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New bridge to be built in Sar-e-Pul province

Local officials of the Sar-e-Pul province have reported about the deterioration of the province’s historical bridge called Pul-e-Khishti. The bridge was built during the reign of Sultan Mohammad Baiqara 600 years ago. Deputy Municipal Eng. Sayed Jalal Sadid said a

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Ministry of Counternarcotics to meet the demands of Maidan Wardak

The Ministry of Counternarcotics has agreed to launch development projects at a cost of USD 2.4mn in central Maidan Wardak. Speaking at the meeting with Counternarcotics Minister Zarar Ahmad Muqbil , Governor Abdul Majeed Khugyani  said Maidan Wardak residents are

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ACCI to establish an association of young Afghan traders

The Afghanistan Chamber of Commerce and Industries (ACCI) have on the table the plan for establishing an association of young traders in Kabul. The association would provide a platform to the young traders to exchange ideas and share their experiences

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21 Ways Rich People Think Differently

1. Average people think MONEY is the root of all evil. Rich people believe POVERTY is the root of all evil. 2. Average people think selfishness is a vice. Rich people think selfishness is a virtue. 3. Average people have

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