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Bank-i-Milli Afghan allocates loans for Afghan industrialists

Bank-i-Milli Afghan has agreed to grant USD 100mn in Islamic loans and USD 100mn in ordinary loans to Afghan industrialists. An agreement to that effect was signed between the Bank’s Chairman, Ahmad Khushraw Zia, and Afghan Association of Industries in

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Herat's economy stagnated by the election process

Officials of industrialists’ union in Herat said the city was facing economic crisis due to the election process. According to the officials, traders have transferred their assets outside of Afghanistan and as many as thousand workers of Herat’s industrial city

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Afghan factory owners sign million in contracts after a trade fair

Factory owners in Heart signed contracts worth millions of Afghanis after a trade fair. Various products such as shoes, rugs, food, marble stones, PVC products and motorcycles were displayed at the fair that attracted many visitors, both local and international.

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Local investors to receive tax benefits: Afghan Commerce Minister

Commerce and Industries Ministries Anwarul Haq Ahadi announced Tuesday that tax benefits to local investors would increase post-2014. He added a 10% reduction in taxes would be granted to those who invest in factory making in Afghanistan in the next

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Afghan government increases import tariff on fruit juices

The Afghan Investment Support Agency (AISA) has announced that import tariffs on fruit juices have been increased from 20% to 30%, in a bit to protect local fruit juice productions. Wafiullah Iftekhar, Head of AISA, said that the tariff is

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Afghan Cabinet approves the new industrial policy

The Cabinet has approved the new industrial policy which has been prepared to meet the needs of the country’s industrialists. Commerce and Industries Minister Dr. Anwarul Haq Ahadi announced the government’s acceptance of the industrialists’ request for extending loans. Minister

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