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Afghanistan Receives $2.48bn in Fresh Aid

The international community has pledged to contribute $2.485 through the Afghanistan Reconstruction Trust Fund (ARTF), the largest source of on-budget financing for Afghanistan’s development, over the next three years.  The aid will support the government’s poverty reduction, service delivery and

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Afghanistan’s Finance Minister Resigns

Afghan Finance Minister has stepped down from his position . According to a statement from the ministry, he has resigned and his resignation has been approved.  Without disclosing further information, Hakimi further added that he has stepped down from his

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NPC Approves 4 Contracts Worth 3bn Afghanis

The National Procurement Commission (NPC), chaired by President Mohammad Ashraf Ghani, approved 4 contracts in its session held on Sunday at the presidential palace.  Valued around 3 billion Afghanis, the four approved contracts included three year contract for the security

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Nangarhar’s Fish Hatchery to be Completed Soon

A major fish hatchery in eastern Nangarhar province is expected to be completed in the near future, according to a statement from the provincial government’s office . A delegation of government officials accompanied provincial agriculture director Rafiullah Rahimzai to inspect

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India Wants Chabahar Port Operational by 2019

India hopes to make the Chabahar port in Iran operational by 2019 despite renewed US sanctions against Iran. Nitin Gadkari, India’s Minister for Shipping, announced on Friday that the government aims to operationalize the Iranian port by the year 2019. “Chabahar Port has the

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Afghan Finance Minister Meets With Norwegian Ambassador

Finance Minister Eklil Hakimi met with the Ambassador of Norway Mari Skare and conferred on various topics including Norway’s cooperation in various sectors in Afghanistan, particularly women empowerment.  According to a statement from the Ministry of Finance, Hakimi discussed Afghanistan’s

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India Funds Projects Worth $4mn in Balkh

The foundation stones for two major  projects worth around  $4 million were laid in northern Balkh province by Indian ambassador to Afghanistan on Wednesday.  The projects were a standard cricket ground and construction of 8.2 kilometers of road in Mazar-e-Sharif

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Polar Music Prize Winner Metallica Donates it’s Prize Money to Afghanistan

Metallica has donated their 1 million Swedish Kronor prize money, awarded last week when they became the 2018 Polar Music Prize Laureate, to three charities.  50% is given to the Stockholm City Mission, which supports the homeless in Stockholm, 25%

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Pakistan’s Contribution to Afghanistan’s Development Reaches $1bn

Pakistan has made USD 1 billion in contribution to Afghanistan’s development, said Pakistan’s Ambassador to China Masood Khalid in an exclusive interview with a Chinese magazine on Friday.  According to the envoy, the development assistance is geared towards investment in

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Afghanistan to Build Marketing Centers for Afghan Businesswomen

The Afghan government will build marketing centers for Afghan women investors in Central Asia to enable them access the foreign markets.  This is in response to the challenges facing Afghan women investors discussed at the  Regional Economic Conference on Afghanistan

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Volkswagen Fined €1bn Over Diesel Emission Scandal by German Authorities

The German authorities have fined Volkswagen €1bn after it was discovered that the company had sold more than 10 million cars between mid-2007 and 2015 with emissions-test-cheating software. The company has admitted to the diesel crisis and has no plan

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Afganistan Signs Pine Nuts Export Protocol with China

Afghanistan and China signed a protocol on export of Afghan pine nuts on the sidelines of the 18th Shanghai Cooperation Organization (SCO) summit.  The agreement was signed between Afghan ambassador to China Janan Musazai and Chinese customs department officials in

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Afghan Gov’t Issues License to a New Postal Service Company

Smart System becomes the 10th private company to offer postal services after receiving its license from the Afghanistan Postal Regulatory Authority (APRA) on Monday. Hekmatullah Alokozay, APRA head, said the facility would help accelerate postal services in the country.  He

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Afghanistan launches National Export Strategy

The Afghan government on Sunday  launched a new policy strategy aimed at spurring growth and job creation by boosting the export capacities of the country’s private sector and stepping up trade with regional and global markets.  The National Export Strategy

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Entrepreneur of the Month-Mary Akrami

Mary Akrami is renowned for her inspirational and influential works in envisioning an equitable and peaceful society in Afghanistan. We have chosen her as the entrepreneur of the month for the establishment of her restaurant in Kabul that is fully

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Bamyan Government Officials Attend Sustainable Development Goals Workshop

A two-day multi-stakeholder Sustainable Development Goals (SDGs) on Agriculture and Natural Resources Management workshop was conducted from 5 to 6 June 2018 in Bamyan. Government officials from Bamyan alongside representatives from the Food and Agriculture Organization of the United Nations

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President Ghani to Attend SCO Summit in China

President Mohammad Ashraf Ghani will attend the upcoming 18th Shanghai Cooperation Organization (SCO) Summit in Qin`gdao in China on June 9 and 10. The summit will focus on the fight against insurgency in Afghanistan and the region, according to the

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World Bank Supports Raisin Production in Afghanistan

The World Bank is providing $3 million in financing and $7.8 million in political risk insurance coverage for a new raisin processing plant in Afghanistan to help develop the country’s raisin market and boost its agribusiness sector. Agriculture is a

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Private Oil Refinery Worth $3M Opened in Nimroz

A private oil refinery, established at a cost of $3mn, has begun operations in Nimroz province.  This comes as complaints about low quality of petroleum was on the rise in the province.  The facility, called Attae  Filter Press, has the

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Online Taxi Service Launched in Kabul

Buber is the newly launched online taxi service designed by the Afghan Holding Group, a private company providing inter-related professional business services including taxation, accounting, training and strategic management consulting, monitoring and evaluation, and research.   Buber application can be

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UAE to Supply Jobs to Afghans

The United Arab Emirates  and Afghanistan signed a memorandum of understanding (MoU) on manpower recruitment on the sidelines of the 107th International Labor Conference in Geneva, Switzerland, on Wednesday. The MoU was signed by Nasser bin Thani Al Hamli, Minister of

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New Electricity Infrastructure Benefits 90,000 Balkh Citizens

President Ashraf Ghani inaugurated new electricity infrastructure in Balkh province on Thursday.  A new substation in Khulm district will supply energy to approximately 77,000 people in the district, surrounding areas and the nearby town of Pir Nakhchir.  In addition, a

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Ghani Bans Minister of Energy and Water from Traveling Abroad

President Mohammad Ashraf Ghani has banned the leadership of Energy and Water Ministry from traveling abroad.  The Ministry’s spokesperson Asif Ghafori said the leadership team of the Ministry was not allowed to travel abroad until the completion of some key

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Afghanistan to disassemble 70,000 Right-Hand Drive Cars

The 70,000 right-hand drive vehicles registered with the Traffic Department will be collected and disassembled following the decision of the National Security Council (NSC), announced the department head on Monday.  Col. Mohammad Shafiq Sayedi said the NSC in 2011 gave

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IMF Approved $6.4M Disbursement for Afghanistan under ECF

The Executive Board of the International Monetary Fund (IMF) completed the third review of the arrangement under the Extended Credit Facility (ECF) for Afghanistan on Thursday.  The ECF is a lending arrangement that provides sustained program engagement over the medium

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