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An Afghan female employee steals USD 1 million from Azizi Bank and escapes

An Afghan female employee transferred USD 1.1mn from Azizi Bank and has left Afghanistan. According to reports, the employee has transferred the amount to a relative’s bank account outside of Afghanistan and has escaped from the country together with her

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Privatization process of New Kabul Bank re-launched

Afghan Ministry of Finance has re-launched the privatization process of the New Kabul Bank. Mohammad Aqa Kohistani, director of treasury at the Ministry, promised a transparent bidding process for the privatization of the bank. National and international investors are expected

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Afghan Taekwondo team bags 2 bronze medals

Afghanistan’s National Taekwondo Team won two bronze medals at the Polish Open-Warsaw Cup 2013 on Monday in Warsaw, Poland. Ahmad Nawid Zahir and Fraidoon Amiri won the third place medals after each winning three matches and losing one. Players from

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Russia, Afghanistan to strengthen economic ties

Afghanistan and Russia signed a memorandum of understanding (MoU) at their 2nd Joint Economic Commission (JEC) meeting on Tuesday,  aimed at fostering economic links and cooperation. The Afghan delegation was led by Afghan Economy Minister Abdul Hadi Arghandiwal. As part

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10% increase in Afghanistan’s vegetable and fruit exports

Afghanistan Export Promotion Agency has reported a 10% increase in Afghanistan’s fruits and vegetables export during the first six months of the current fiscal year. Sayed Azim Mustafa Hashemi, Head of the Agency, attributed the boost in exports to suitable

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Azerbaijan to participate in the development of Afghanistan’s ICT sector

Afghan delegation headed by Barialai Hassam, Deputy Minister of Communications and Information Technologies, visited Azerbaijan to discuss the country’s potential involvement in the development of Afghanistan’s Information and Communication Technology. As a result of the visit, a Working Group consisting

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Afghan Mines Minister heads off to Azerbaijan

Afghan Mines Minister Waheedullah Shahrani has headed off to Azerbaijan to meet with the Minister of Industries and Energy. The parties will discuss possible investment opportunities in the petroleum and mines sector of Afghanistan. Shahrani’s visit comes after a delegation

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Kunduz produces 70% more grapes this year

Grape production in Kunduz has increased from last year’s 1,400 kilograms to 2,170 kilograms this year, showing 70% increase. The agriculture department attributed the higher yield to availability of facilities such as medicine, orchard establishment on scientific lines and training

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