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ADB Approves $405million Cash Assistance for Afghanistan

The Asian Development Bank (ADB) has announced that it has approved a $ 405 million cash assistance package for Afghanistan. The Asian Development Bank (ADB) said in a press release yesterday that the new aid package will be distributed by

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Another Batch of $32million in Humanitarian Aid Arrives in Kabul

Da Afghanistan Bank, Afghanistan’s Central Bank, announced that another $32 million in humanitarian aid to Afghanistan reached Kabul. Da Afghanistan Bank said in its newsletter that today this amount of money was delivered to the International Bank of Afghanistan (AIB).

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Transfer Of Oil and Gas Through Iran To Afghanistan

Officials in the Islamic Republic of Iran say the government has issued a permit to transport gas and oil through its territory to Afghanistan. Hassan Kazemi Qomi, Iran’s special envoy for Afghanistan, wrote on his Twitter page that the license

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Afghanistan Receives $32mn in Humanitarian Aid

Da Afghanistan Bank (Central Bank) announced that $ 32 million in humanitarian aid had arrived in Kabul and was handed over to the International Bank of Afghanistan (AIB). Da Afghanistan Bank also said that, as the bank that oversees the

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Work on TAPI & Railway Extension Projects To Begin in March

The Ministry of Foreign Affairs of the Islamic Emirate announced that the work on the Tapi, Tap and Aqina and Turghandi railway projects will be inaugurated and will officially kick off in March of this year. Foreign Ministry Spokesman Abdul

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Production Capacity of Kajaki Dam To Increase to 150MW

Local officials say work on the Kajaki dam in Helmand province is in full swing, and the dam’s capacity will increase to 150 megawatts next March. At the meeting of the Economic Commission of the Islamic Emirate, it was decided

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Afghanistan’s Trade With Central Asia Increases

Afghanistan’s trade with three Central Asian countries (Tajikistan, Uzbekistan and Turkmenistan) has increased, the Chamber of Commerce and Investment said. According to the chamber, Afghanistan imported more than $ 2 billion from Central Asian countries this year and exported more

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$32 Million In Humanitarian Aid Arrive In Kabul

Da Afghanistan Bank, Afghanistan’s Central Bank, announced that today $32 million in humanitarian aid arrived in Kabul. Da Afghanistan Bank also said that the bank appreciates any humanitarian action that leads to the injection of cash in to the economy

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Nearly 70% of Factories in Herat Are In Recession

Officials at the Herat Chamber of Industries and Mines say that 70 percent of manufacturing plants in the province are in recession. Hamidullah Khadem, head of the Herat Chamber of Industries and Mines, said the inactivity of banks and the

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Afghanistan Exports $31mn Worth Of Carpets This Year

The Afghan Chamber of Commerce and Industry announced that more than 800,000 square meters of carpets worth $31million have been exported this year. Mohammad Younes Momand, the head of the chamber, said that carpet production was very good this year

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Russia To Invest In Afghanistan’s Oil And Gas Sector

Russian and Afghan investors met with Abdul Salam Hanafi, Deputy Prime Minister of the Islamic Emirate, to discuss investing and establishing oil and gas refineries in Afghanistan. Zabihullah Mujahid, spokesman for the Ministry of Information and Culture, announced today that

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