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Afghanistan’s economy to dwindle post 2014- Senior US Official

The Director of National Intelligence (DNI) James R Clapper said the Afghan economy is likely to shrink after the withdrawal of foreign forces, which is scheduled for the year 2014. According to Mr. Clapper, the Taliban remain to be a

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Corruption-a major challenge ahead of Afghanistan’s economic growth

Afghan traders have once again expressed their hopelessness in the continuity of investment in Afghanistan. They have cited corruption as a major challenge ahead of investments and economic growth in Afghanistan. According to the traders, Afghanistan’s endemic corruption, bureaucratic management,

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300-Bed hospital opened for drug addicts in Kabul

A newly built 300-bed hospital to treat drug addicts was inaugurated in south Kabul’s Jangalak area by the Second Vice President Mohammad Karim Khalili on Tuesday. Mr. Khalili called on the judicial branch to prosecute drug smugglers in order for

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Reconstruction of Proje Awal Taimani road in the 4th district of Kabul begins

The 8.3km road in district four of Kabul city is going to be reconstructed, said Kabul Municipality officials. Kabul city’s Municipal Mohammad Younus Nawandish said the 67mn AFN project is funded by the Municipality and local residents. According to Mr.

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Government increases security measures on major highways leading to Mazar-e-Sharif

Police force in Baghlan and Samangan provinces has adopted security measures on the highways leading to Mazar-e-Sharif, where many Afghans travel for the celebration of Nawroz (New Year). Checkpoints in several parts of the highways have been set up. With

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Central bank sells USD 21mn to Afghan money exchangers

According to Sarai Shahzada, the central bank of Afghanistan (Da Afghanistan Bank-DAB) sold USD 21mn to Afghan money exchangers on 12 March 2013. The amount was sold at an exchange rate between 53.701 and 53.73. Sarai Shahzada is Afghanistan’s largest

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Fire insurance coverage for companies is mandatory-Afghan Ministry of Finance

The Ministry of Finance has announced that businesses and foreign organizations without fire insurance coverage would not receive a license to operate in Afghanistan. Fire insurance has been made mandatory on all local and foreign companies and businesses. “All organizations,

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New buildings for Khost’s government entities

Governor Abduljabar Naimi inaugurated five newly constructed buildings for the cultural, mines, census, postal and communications directorates of Khost. The aforementioned entities previously operated in rented buildings that lacked the required facilities, which resulted in slowing down their activities. According

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Women’s handicrafts are exhibited in Kunar province

Kunar’s governor opened a three-day exhibition of handicrafts made by Afghan women in Kunar, Nangarhar, Kabul and Parwan provinces. The exhibition in Kunar’s capial Asadabad is aimed at finding market for the handicrafts and boosting their sales. Governor Syed Fazlullah

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Afghanistan Security & Stability Summit

Important announcement: This Summit never took place and the Countrywide Investment Summit no longer operates. CWI Summits, in partnership with the Afghanistan Chamber of Commerce & Industries (ACCI), are proud to announce its inaugural Afghanistan Security & Stability Summit being

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Afghanistan Security & Stability Summit

CWI Summits, in partnership with the Afghanistan Chamber of Commerce & Industries (ACCI), are proud to announce its inaugural Afghanistan Security & Stability Summit being held at the Yas Viceroy Abu Dhabi Hotel in January of 2014 as we continue our hugely

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