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Richest presidents from Washington to Clinton

Three years ago, 24/7 Wall St. published the net worth of every American president, from George Washington to Barack Obama. We have updated our numbers to reflect the earnings of the still-living presidents. One thing remains clear: it pays to be president,

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Invisibility of Invisible hand doesn’t lead to inefficiency of market economy in Afghanistan

By Najibullah Arshad It is invisible always and in everywhere not only in Afghanistan. Privatization and” Free Market” do not lead to or cause inefficiency and incompetence in Afghanistan, but mismanagement and absence(invisibility) of good governance is a hurdle in

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Afghanistan’s electronic ID card distribution to begin next month

The Ministry of Communication and Information Technology announced that Afghanistan’s first electronic ID cards would be distributed in the beginning of the next Afghan calendar year (the month of Hamal). The national identity project contract was awarded to Grand Technology

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Franco Modigliani

Franco Modigliani was an eminent Italian Economist and Nobel Prize Laureate, who, with his great passion for economics, formulated many theories in his domain. Though born in Italy, he spent most of his life in America, teaching and engaging in

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Ghor residents halt their protest

The protestors in Chaghcharan, capital of the western Ghor province, have halted their 5-day protest, after the government promised to address their concerns and to undertake some reconstruction projects. The dwellers had forced the closure of the main bazaar and

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550 Children Die Every Day in Afghanistan

Afghanistan: The worst place in the world to be a child or a mother  By Ahmad Masoud Afghanistan has received US$58 billion in aid in the past 10 years, but the country has still remained as one of the poorest

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Austria donates 18mn Euros to Afghanistan

Austria has pledged to donate 18mn Euros to the Afghan government after 2014 for the implementation of uplift projects. During his visit to Kabul, Austrian foreign minister also discussed the security transition process and peace-building process with his Afghan counterpart,

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Ring roads are the building blocks of Afghan economy-ACCI

Local officials of Faryab province and the Afghan Chamber of Commerce and Industries (ACCI) have been discussing the completion of the ring road from Faryab to Herat province. According to the deputy chairman of ACCI Khan Jan Alokozay, the ring

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87 Afghan private hospitals banned for violations

The Ministry of Public Health has banned 87 private hospitals across the country for violations of the public health regulations. Public Health Minister Soraya Dalil said the banned hospitals might lose their licenses permanently, if they failed to standardize their

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Commerce Ministry allocates USD 6m for industrial park at Aqina Port

Commerce and Industries Minister Anwar-ul-Haq Ahadi announced Saturday that the Ministry has allocated USD 6mn for the establishment of an industrial park at the Aqina Port in northern Faryab province. This comes after the Afghanistan Chamber o f Commerce &

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Only one bidder of the scandal-hit Kabul Bank steps forward

Three domestic and two international groups were approved through the Expression of Interest stage for the purchase of New Kabul Bank shares, but only one stepped forward to bid. The bidders approved included, Ali akbar Zhawandai Consortium, Forbes and Manhattan,

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