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Why Youth Fail to Network Authentically?
By: Saeeda Najafizada It’s impossible to get almost anything done without a network. Isn’t that right? Networking is a key instrument that would benefit us in many ways, be it for the purpose of staying relevant, connecting with key influential
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Afghanistan’s financial intelligence unit signs MOU on exchange of information with Interior Affairs Ministry
By: Nesar Yosufzai, Certified Financial Crimes Specialist As money laundering and terrorist financing risk is an evolving trend, therefore effective combating abilities, including close coordination and cooperation among the relevant stakeholders is essential. The Financial Action Task Force also
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Uzbekistan set to increase power export to Afghanistan by 70%
Uzbekistan’s state-run power company reported on Monday that work on building power cables to Afghanistan has begun which will boost power exports to Afghanistan by 70%–up to 6 billion kWh per year. According to Uzbekistan’s state-run power company Uzbekenergo officials,
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Foreign Aid Allocation And Conflicts Within Least Developed Countries
In Least Developed Countries (LDCs), how should foreign aid as Official Development Assistance (ODA) be directed in order to decrease the instances of conflict within on-going conflict countries? Overseas foreign aid remains the largest source of financing for LDCs. However,
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Iran interested in investing in Herat mining project
Iran wants to invest in Sangan iron ore mine of Herat province, located in bordering areas between Afghanistan and Iran. The neighboring country has ended the mineral resource from Sangan iron ore on its soil and is willing to invest
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Afghan businesswoman builds a women trade center in Kandahar
An Afghan businesswoman builds an all-women trade center, called “Afghan Sisters Market”, in Kandahar City, the capital of southern Kandahar province. Laila Afaq, the market’s owner, said the facility costs USD 120,000. She added that the trade center had a
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IMF projects Afghanistan’s GDP at 2.5% for 2018
The International Monetary Fund (IMF) has projected Afghanistan’s GDP for 2018 at 2.5% and inflation is forecasted to average about 5% in 2018. “Afghanistan’s GDP growth for 2018 is projected at 2.5 percent, the same rate as recorded in 2017,
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New electricity infrastructure benefits 10,000 people in Baghlan
An extended power line and a newly constructed energy network were put into operation today in the city of Pol-e Khomri, Baghlan. Implemented by the German Regional Infrastructure Development Fund (RIDF) and Da Afghanistan Breshna Sherkat (DABS), the project benefits
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Ala Nowruz Amad…ala Nowruz Amad (New Day has arrived…New Day has arrived)
Nowruz means New Day and it marks the start of the New Year. It usually occurs on March 21 or the previous/following day depending on where it is observed. Nowruz is the celebration of spring—a new season which indicates the
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Afghanistan & Iran trade $2.48bn worth of goods in 11 months
According to a latest report, Afghanistan and Iran traded USD 5.32mn tons of non-oil commodities worth 2.48bn in the past 11 months. The Financial Tribute reported Iran imported 22,673 tons of goods worth USD 18.71mn during the period till Feb
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Knowledge is the ultimate currency for entrepreneurs
By: Suleman Fatimie “Seek knowledge from the cradle to the grave.” Prophet Muhammad (PBUH) Knowledge is becoming its unique form of currency. However, unlike other currencies, it is increased when used and shared with others and does not decrease. Learning
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Afghan government signs $383mn National Fiber Network investment licensing contract
The investment licensing contract worth USD 383mn for the National Fiber Optic Network was signed on Sunday at the High Economic Council meeting chaired by President Mohammad Ashraf Ghani. The contract was signed between the Afghan Telecom Regulatory Authority (ATRA),
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Afghan traders sign $20.5mn in deals at Dubai Food Show
Afghan traders have inked US$20.5 million in signed and potential deals for high-value agricultural products due to their participation in February at the Gulfood Exhibition in Dubai. USAID supported 25 Afghan exporters at the February 2018 Gulfood Show, where Afghanistan’s
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Japan provides $1mn for demining projects in Afghanistan
The Japanese government is providing over USD 1mn to clear landmines in Panjshir and Parwan provinces of Afghanistan. An agreement to that effect was signed between the Japanese Embassy in Kabul and two Afghan companies. The demining projects aim to
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Afghanistan has its first executive business magazine
Afghanistan’s first English executive business magazine, Business DNA, was launched on February 10, 2018 with the objective to promote sharing of business success stories, market information, management best practice, future business opportunities, and economic analyses. Business DNA is meant to
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Afghan widow beekeeper refuses to beg and starts her own business
An Afghan widow beekeeper has started her own honey production business, and in addition to meeting her family’s financial needs she has offered employment opportunities for several men. In an exclusive interview with Pajhwok Afghan News, Sherino said she lost
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Afghanistan secures presidency of ECO-CCI
Afghanistan has got presidency of the Economic Cooperation Organization Chamber of Commerce and Industry(ECO-CCI). Iran secured the vice-presidential slot, while the secretariat of ECO-CCI will continue rotating among Turkey, Iran and Pakistan, three years each; initially by Turkey, followed by
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NPC approves Fiber Optic investment project worth $383mn
The Afghan government approved a Fiber Optics related project worth USD 383mn at the latest meeting of the National Procurement Commission (NPC) chaired by President Mohammad Ashraf Ghani. According to a statement from the presidential palace, four companies have been
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Afghanistan health outcomes show improvement since 2003: World Bank Report
A new World Bank report finds that Afghanistan has shown improved health outcomes since 2003, with health services that have remained resilient even in highly insecure provinces. The report entitled Progress in the Face of Insecurity: Improving Health Outcomes in
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Afghanistan, Switzerland sign accord to boost development cooperation
Afghanistan and Switzerland signed an agreement to enhance the legal basis for cooperation between the two countries. The bilateral development framework agreement on technical assistance, financial cooperation and humanitarian aid was signed between Swiss Ambassador Thomas Kolly and Afghanistan’s Minister
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Afghan gov’t approves Doshi-Bamiyan power transmission contract
The 220kV Doshi-Bamiyan power transmission contract was approved by the National Procurement Commission along with 11 other contracts worth 7.3bn Afghanis on Sunday. Contract for construction of the electricity distribution network in Bamiyan province was among the approved contracts. Other
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Pakistan loses 50% share in Afghan market
Pakistan’s market share in Afghanistan drops from USD 1.437bn in 2015-2016 to USD 1.24bn in 2016-2017, as Kabul prefers New Delhi ties over Islamabad. India continues to penetrate the Afghan market since the past two years by providing goods at
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Human Trafficking Law requires more attention: Afghan Think Tank
A recent study conducted by the Afghanistan Research and Evaluation Unit (AREU) recommends that the trafficking law of 2017 should be reviewed to identify and remove all contradictory statements or redundancies with the penal code. “Once they are aligned, it
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