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Today’s Exchange Rates in Kabul Market

1USD 1 دالر 75.30 1 EURO 1 یورو 85.90 1 POUND 1 پوند 96.30 1 S.RIAL 1 ریال سعودی 20.00 1 UAE DIRHAMS 1 درهم امارات 20.45 1 FRANC 1 فرانک 75.80 1 AUS $ 1 دالر آسترالیا 53.60 1

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Life-changing Inventions by Women

If you were asked to name an inventor, you’d probably say Thomas Edison or Alexander Graham Bell. Well, here is a list of some women who are inventors of some awesome, life-changing items. Letitia Mumford Geer: Patented the one-hand operated

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Fun Facts About Major Companies Around the World

Coca Cola: During WWII, American soldiers would be provided with a bottle of coke so that they could have a taste of home. Bottling plants were established near Europe and the Pacific. However, non-Americans could not be seen drinking the

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Saudi Arabia To Cut Its Oil Exports By 10% Following Price Slide

Sauid Arabia announced on Wednesday it would cut its oil exports by 800,000 barrels per day (bpd) in January and would do a further cut of 100,000 bpd in February. The OPEC kingpin is taking this step to shore up

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Opening of Air Corridor Linking Afghanistan with Turkey & Europe

Afghanistan inaugurates its latest in a series of air cargo trade corridors on Wednesday. The Mazar-e-Sharif-Turkey-Europe air corridor was formally opened during a special ceremony at the Maulana Jalaluddin Balkhi International airport in Mazar-e-Sharif, capital of northern Balkh province. The

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Afghanistan Exported 5,400 Tons Of Goods Via Air Corridors

Afghanistan has so far exported 5,400 tons of goods worth USD 100 million through the air corridors that it has recently established with various countries.  So far 320 flights have taken place through the air corridors, exporting 5400 tons of

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Major Petroleum Refinery To Open Soon in Herat

A major petroleum refinery is soon going to open in western Herat province by the private sector. Costing USD 15 million, the refinery is being built on 100 acres of land and will be inaugurated in the near future. According

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Afghanistan, Iran to Finalize Strategic Cooperation Document

Iran’s Deputy Foreign Minister for Political Affairs Sayed Abbas Araqchi is expected to officially visit Kabul in the next two weeks to finalize the Iran-Afghanistan strategic cooperation document. The two parties will also discuss economic, cultural and political issues. According

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Indian Company Takes Over Chabahar Port’s Operations

The operations duty of Iran’s strategic Chabahar port was officially handed over to India Ports Global Limited (IPGL) in a crucial trilateral meeting of representatives from India, Iran and Afghanistan in Tehran on Monday. The IPGL has been granted the

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Khost Bans Use of Pakistani Currency

Dozens of youths staged a rally in southeastern Khost province calling for ban on use of Pakistani currency in the province. This comes as the Afghan government is struggling to increase circulation of Afghani currency across the country as some

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Entrepreneur of the Month: Parwarish Oryakhail

Parwarish Oryakhail is the owner of Pome Agricultural Company, which introduces modern farming system and agricultural practices in Afghanistan along with the introduction of improved varieties of fruits and vegetables. The modern farming system and agriculture practices help Afghan farming

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Korea Donates $2.2mn To Support Drought Victims in Afghanistan

The People and Government of Republic of Korea has donated around USD 2.2 million to support vulnerable children and women affected by displacement due to drought, UNICEF said Sunday. This comes as around 83,000 families across the country are in need

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Nepal to benefit from SAARC Development Fund

SAARC Development Fund (SDF) has recently accorded in-principle approval to three important infrastructure projects in energy sector in Nepal. These projects have cross border connectivity to neighboring SAARC Member States involving participation of Bangladesh and India. The cumulative loan commitment

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40,000 Residents in Balkh To Benefit From New Electricity Distribution

The Afghan Ministry of Energy and Water (MEW) and the Tajik construction company Tojik Gidro Elektro Montaj (TGEM) signed contracts for constructing a new electricity distribution network in Balkh Province’s capital Mazar-e Sharif on Wednesday. The network shall supply electricity

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Inauguration of Lapis Lazuli Corridor

The Lapis Lazuli Corridor was officially inaugurated today in Herat.  The route will enable Afghanistan to export its products to Europe and other international markets in a short time.  Addressing the ceremony, President Mohammad Ashraf Ghani regarded the launch of

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Afghan Women Meet To Advocate For Women in Peace Process

More than 75 women members of Provincial Peace Councils (PPCs) met in Kabul on Wednesday to plot a strategy to advocate for the interests of women in the peace process. Over 120 Promote Musharikat “Women in Peace” Coalition activists and

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Afghanistan’s Unemployment Rate of 30% is Highest in the World

According to the International Labor Organization (ILO), Afghanistan presently has the highest unemployment rate in the world. With an unemployment rate of 30%, Afghanistan has the highest number of unemployed work force in the world. “The current situation is not

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Launch Of Feasibility Study For Khush Tepa Irrigation Canal

The Office of the President hosted a ceremony to celebrate the launch of a feasibility study of the Khush Tepa Irrigation Canal in Kunduz, Jawzjan, and Balkh provinces.  Upon completion, the proposed irrigation scheme will impact more than 60,000 households;

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Nangarhar Honey Production Up by 150 Tons This Year

Nangarhar province has witnessed a significant hike in honey production this year, following the efforts from the Ministry of Agriculture, Irrigation and Livestock (MAIL) to increase beekeeping in the country. Beekeeping has increased in Nangarhar province, and this year Nangarhar

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Work on Pashdan Dam in Herat Resumes After 3 Years of Pause

The Afghan Ministry of Energy and Water has informed that work on construction of Pashdan Dam in Herat province has resumed and is expected to be completed within the next three years. Abdullah Qazizada, an official from the ministry, said

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IMF Approves $6.2 Million for Afghanistan Under the Extended Credit Facility

The International Monetary Fund (IMF) completed the Fourth Review of Afghanistan’s economic program supported by an arrangement under the Extended Credit Facility (ECF) during its board meeting on December 7. It re-upped its extended credit facility with the country which

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Solar Power Project & Road Construction Project To Kick Off Soon in Ghor

The contracts for a solar power project and a road construction projects were signed in the presence of President Mohammad Ashraf Ghani and the tribal leaders and influential figures of Ghor province on Wednesday. According to a statement from the

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Road Reconstruction to Benefit 22,000 Citizens in Samangan

The ground-breaking ceremony for constructing a 3-kilometers long asphalt road connecting Aybak and Dara-e Zhowandon village as well as an 800 meters long gravel road connection to Mazar-e Sharif – Kabul Highway took place in Aybak on Tuesday. The officials

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Rehabilitated Irrigation Canal in Badakhshan benefits 4,200 Citizens

The Afghan-German Cooperation handed over a rehabilitated irrigation canal to the Governor’s Office of Argo District, Badakhshan on Tuesday. The canal is located in the Sarai Dara area and benefits about 4,200 residents who now have access to sufficient irrigation

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Survey Reveals Improvement in Afghans’ Confidence Toward Security, Economy

The Asia Foundation – Afghanistan, with the support of the U.S. Agency for International Development (USAID), launched the 14th annual Survey of the Afghan People (SAP) on Tuesday.  First launched in 2004, the Survey gathered the opinions of more than

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