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Iran-5+1 accord to have a positive impact on Afghanistan’s economy

The Afghan Chamber of Commerce and Industries (ACCI) said that the nuclear deal  between Iran and six world powers would have a positive impact on Afghanistan’s economy. Iran agreed to curb some of its nuclear power activities in return for

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Solar experts call for investments in Afghanistan's solar power

A number of solar power analysts have called on the government and private sector to enhance investment in Afghanistan’s solar power sectors. Having 300 days of sunlight, Afghanistan exhibits a strong potential for solar power. Experts believe Afghanistan has the

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Solar experts call for investments in Afghanistan’s solar power

A number of solar power analysts have called on the government and private sector to enhance investment in Afghanistan’s solar power sectors. Having 300 days of sunlight, Afghanistan exhibits a strong potential for solar power. Experts believe Afghanistan has the

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A glance at the state of telecoms and internet in Afghanistan

By Javid Hamdard Overview  Just eleven years ago Afghanistan had a barely functional post-war telecom infrastructure and literally no services. Afghans had to travel to the neighboring countries to make a phone call. Since its re-birth in its modern form

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Afghan food products enhanced through retail distribution and mobile money

In a bid to establish a competitive marketplace for Afghanistan’s agricultural products, Afghanistan’s largest retail store, Finest Supermarket, launches a new line of food products that are sourced from Afghan entrepreneurs. As many as 30 high quality food products including

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Coal processing factory to open soon in Kabul

A coal processing factory with a capacity of processing 50 tons of coal in 24 hours will be opened soon in Deh Sabz area of Kabul. With an initial investment of USD 5 million, 11 individuals have shares in the

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Investment in Paktia at risk due to insecurity

Businessmen in Paktia have expressed concerns over the deteriorating security situation in Paktia and have warned of withdrawing capital and investment if the government failed to address the issue. Provincial head for the Afghanistan Chamber of Commerce and Industries (ACCI)

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Afghan government fails to prevent looting of stucco in Kandahar

Some 30 different groups of individuals have been involved in illegally excavating stucco and chalk in huge quantity in Daman district of southern Kandahar province. According to Pajhwok Afghan News (PAN), mines in northern arts of Daman produce around 22,242

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Afghan national cricket team books itself a place in 2014 T20 World Cup

Afghanistan’s national cricket team booked berth in ICC World Twenty20 World Cup 2014 after winning six consecutive matches in the qualifier matches. In their last match against Kenya, Afghanistan won by 34 runs in Sharjah on Sunday. Kenya had to

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Hollywood Star Leonardo DiCaprio donates USD 3mn to save tigers in Nepal

The Titanic actor and Golden Globe winner, Leonardo DiCaprio, has donated USD 3million to help save tigers in Nepal. Tigers in Nepal are classified as endangered and are under threat from “habitat destruction and escalating illegal poaching.” The actor has

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Afghan women entrepreneurs succeeded over the course of exhibition in India

Afghan women entrepreneurs who participated in “Doing Business with Afghanistan” exhibition in India succeeded in selling their products. Out of the 50 booths in the exhibition, virtually one third were in the in the hands of Afghan women. Some of

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Eurozone finance ministers starting to lose patience with Greece

Head of the Eurogroup, Jeroen Dijsselbloem, said the Eurozone finance ministers were starting to lose patience with  debt-laden Greece. The Eurogroup is made up of the finance ministers from the 17 nations that use the single European currency. Greece has

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1900 residential houses built near coalmines in Baghlan

Officials in Baghlan have expressed concerns about the lives of residents living in houses that are built close to coalmines in Kakar Valley of Baghlan province. According to Pajhwok Afghan News (PAN), the provincial mines and environment protection departments have

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Afghanistan beats Nepal in a 7 over contest for ICC T20 Qualifier

Afghanistan won against Nepal by nine wickets in the ICC World Twenty 20 Qualifier match played at the Sharjah Cricket Stadium in UAE on Friday. Due to the wet outfield the match was delayed and reduced to 7 overs a

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Welfare projects executed in Ghor province

Ministry of Rural Rehabilitation and Development implemented six welfare projects in Ghor province. Costing USD 600,000, the projects include road, bridge and canal construction. “The projects implemented by local and district development councils, have left a positive impact on economic

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Gas price goes up, gold drops

(Pajhwok Afghan News Weekly Price Report) The prices of liquefied gas jumped and gold fell, but rates of other items stayed unchanged during the outgoing week in Kabul, market sources said on Thursday. Abdul Baseer, a jeweller in the Lycée

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Vehicles laden with fruits and vegetables denied entry to Kabul

Amid extensive security measures taken for a consultative Loya Jirga thousands of vehicles laden with fresh fruits and vegetables are stuck at Kabul gates and denied entry. Dealers are worried about the edibles going rotten and causing them millions of

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Japan's exports ready to take off

Japan has witnessed its highest annual rise in exports sector for three years. Exports rose by 18.6% in the year to October, with the highest contribution coming from car shipments. A weak yen and an improving global economy, mainly in

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Japan’s exports ready to take off

Japan has witnessed its highest annual rise in exports sector for three years. Exports rose by 18.6% in the year to October, with the highest contribution coming from car shipments. A weak yen and an improving global economy, mainly in

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Afghan government's impromptu holiday to harm the economy

Economic pundits have not welcomed the 6-day holiday announced by the Afghan government because of the Loya Jirga scheduled to begin on Thursday. The Council of Ministers voted to approve a 6-day holiday to allow for security forces to better

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Afghan government’s impromptu holiday to harm the economy

Economic pundits have not welcomed the 6-day holiday announced by the Afghan government because of the Loya Jirga scheduled to begin on Thursday. The Council of Ministers voted to approve a 6-day holiday to allow for security forces to better

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Herat hosts conference on saffron cultivation

Afghanistan’s leading province in saffron cultivation, Herat, is currently hosting a 3-day conference on saffron cultivation. The conference is attended by 250 delegates, experts from neighboring countries and university professors. Touted as the best alternative to poppy, saffron industry is

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Transaction Advisory Services Agreement on TAPI to be signed soon

According to reports, the Transaction Advisory Services Agreement (TASA) on the Turkmenistan-Afghanistan-Pakistan-India gas pipeline is expected to be signed in the next two days. As per the accord, the Asian Development Bank, which was recently appointed as Transaction Adviser for

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Afghan products showcased at “Doing Business with Afghanistan” exhibition in New Delhi

An international exhibition was held alongside the conference entitled “Doing Business with Afghanistan” in New Delhi, India. As many as 35 Afghan firms participated in the exhibition showcasing various Afghan products like carpets, handicrafts, dried fruits, herbal medicines, saffron and

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Kabul Municipality inaugurates recreational park

A recreational park was inaugurated on Monday in Rahman Mina area of Kabul city. According to Pajhwok Afghan News (PAN), the park is constructed over one acre of land at a cost of USD 95,000. The facility consists of football

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