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Bill Gates Reclaims Status As Richest Man In The World
Co-founder of the Microsoft and the Bill and Melinda Gates Foundation officially reclaimed his status as the world’s richest man with a net worth of $110 billion. His rival, Jeff Bezos of Amazon with a net worth of just lest
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Nomad Sedentarisation One of the Growing Sources of Conflict in Afghanistan: AREU Study Finds
According to a research paper titled “Nomad Settler Conflict in Afghanistan Today”, nomad sedentarisation has been of growing importance as a source of conflict. And, the nature and character of the conflict have changed considerably since the last few analyses were published around 2007-2010.
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A 10-km Road Benefiting 600,000 Citizens Being Built in Badakhshan
The construction work of a 1-kilomger road in Feyzabad, Badakhshan was officially inaugurated by the governor of Badakhshan together with the Deputy Minister of the Ministry of Transport, the Director of Roads Operation and Maintenance Department (ROMD) and provincial officials
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20 New Factories Established in Herat’s Industrial Park
With an investment of over $50 million, 20 new factories have been established in Herat’s Industrial Park over the past 8 months. The factories are operating in the areas of food production and reconstruction materials. According to figures from Herat’s
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Procurement, Trade and Investment Opportunities in Afghanistan
Afghanistan has adopted the market economy in the constitution of the country and has experienced a slight recovery in growth since 2015, with growth accelerating to 2.3 percent in 2016 and reaching 2.7 percent in 2017. Afghanistan’s total GDP was
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Germany’s New EUR 72mn Funds to Afghanistan Conditional Upon Good Governance
The State Secretary of the German Federal Ministry for Economic Cooperation and Development (BMZ), Martin Jaeger, together with Dr Mohammad HumayonQayoumi, Afghanistan’s Acting Minister of Finance, affirmed the continued German support to Afghanistan. By the end of 2019, the German
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Burj Khalifa Lights Up With Birthday Message for Shahrukh Khan
Shahrukh Khan, also known as King Khan, turned 54 today! And like every year, fans gathered outside Mannat to wish him on his birthday. Even Mumbai rains couldn’t stop them from assembling for their favorite superstar’s birthday. But outside of
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China Wins WTO’s Permission to Impose $3.6bn in Sanctions Against US
The World Trade Organization (WTO) has given China the go-ahead to impose $3.6 billion in sanctions against the United States of America. The amount is roughly half the amount China had sought as retaliatory tariffs on imported US goods for
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Afghan Female Entrepreneur Among 2020 Visionary Awards Honorees of Silicon Valley Forum
Serial entrepreneur, CEO and President of Digital Citizen Fund, digital Citizen Brew and EdyEdy is among the Silicon Valley Forum’s 22nd Annual Visionaries. The awardees will be honored on February 6th, 2020 at Domenico Winery in San Carlos, California. Since
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Afghanistan Increases Use of Renewable Energy Sources
Afghanistan’s renewable energy resource potential is estimated at over 300,000 megawatts, with hydropower currently being the main source of renewable energy. Naghlu Hydropower is the country’s largest hydropower plant. The rehabilitation of one of its four turbines was carried out
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Young Afghan Women Complete Trainings To Enter Banking Sector
A total of 150 young Afghan women celebrated their graduation today from USAID’s Women in Commercial Banking (WICB) program during an official ceremony attended by the Executive Directors of the Afghanistan Banks Association, the Microfinance Investment Support Facility for Afghanistan,
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Young Afghan Students Create Innovative Solutions to Tackle Agriculture Problems
The U.S. Agency for International Development (USAID) sponsored the first Afghanistan National Young Innovators in Agriculture Competition, an activity aimed at engaging Afghan students in tackling the problem of post-harvest loss in high value crops. In Afghanistan, farmers lose more
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EU Contributes to WFP to Help Drought Victims in Badghis
The World Food Program (WFP) welcomes a new humanitarian contribution of €898,200 from the European Union to help Afghan families hit hard by last year’s drought rebuild their lives. The contribution will allow WFP to assist 2,000 families in Afghanistan’s
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Pomegranate Exports Drop By 50% This Year
Afghanistan Chamber of Commerce and Industries (ACCI) expects pomegranates export to drop by 50% this year. The officials have cited high custom tariffs on pomegranates from Pakistan as the major factor behind the considerable fall in pomegranate exports. Afghanistan exported
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Afghanistan Drops to 173 Rank from 167 in Doing Business Index
Afghanistan is ranked 173 in in the World Bank’s “Doing Business Report for 2019: Training for Reform”. Scoring 44.1, Afghanistan’s position has dropped by six points in this year’s index of doing business against last year. According to the report,
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Kandahar Fig Production Up By 25%
Kandahar has produced 50,000 tons of figs this year, indicating a 25% increase from last year. The third in value and production after pomegranates and grapes in Kandahar, figs are annually exported from the provide abroad. According to Kandahar Chamber
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Afghanistan’s Bolani Listed #1 Among World’s Best Breads
Afghanistan’s most famous flatbread called Bolani is declared the number one bread in the world in a travel article by CNN. To mark World Bread Day which was on October 16, 50 of the world’s most wonderful breads are introduced
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Japan Contributes $2.7 MILLION To Boost WFP’S Food Assistance In Afghanistan
WFP welcomes a new contribution of $2.7 million from the Government of Japan which will enable WFP to provide food assistance to food-insecure people in Afghanistan in the coming 12 months. This generous contribution follows Japan’s humanitarian funding for WFP’s
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Afghanistan’s Pine Nuts Production Up By 10% This Year
The Afghan Ministry of Agriculture, Irrigation and Livestock (MAIL) has predicted pine nuts production to reach up to 24,000 tons this year, which indicates a 10 percent increase from last year’s productions. Planting hundreds and thousands of pine nuts saplings,
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Afghanistan Trade Event Drives Over $55 million in New Business
The 2019 “Passage to Prosperity: India – Afghanistan International Trade and Investment Show,” supported by the U.S. Agency for International Development (USAID), saw Afghan firms sign deals and pre-contract agreements valued at over $55 million. In particular, the exhibition yielded
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Torkham Border Opens After 2-day Closure
Pakistani officials announced Monday that Torkham gate was reopened after being closed for two days to secure the Afghan presidential election. The Pakistani government had previously announced that it was temporarily blocking all boundaries and routes between Afghanistan and Pakistan
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Third Annual India-Afghanistan Trade Show Kicks Off in New Delhi
The third annual Passage to Prosperity: India-Afghanistan International Trade and Investment Show was officially inaugurated by U.S. Ambassador to Afghanistan John R. Bass and representatives of the Indian and Afghan governments and private sector in New Delhi on Tuesday. The
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SAARC Development Fund Disburses $13mn For Purchase of Drukair ATR 42-600
The SAARC Development Fund (SDF) disbursed loan amount USD 13 million to Drukair Corporation Limited for the purchase of Drukair ATR aircraft. This is following the agreement signed between the Ministry of Finance, Royal Government of Bhutan, SDF and Drukair
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New Toolkit To Support Growth of Afghan Women-Owned Businesses
The U.S. Agency for International Development (USAID) introduced a new toolkit for Afghan businesses, especially women-owned businesses, during a September 19, 2019 event in Kabul. An estimated 150 representatives from Afghanistan’s business development service providers and the private sector attended.
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New Power Supply Network in Samangan to Benefit 8,000 Residents
Samangan’s Da Afghanistan Breshna Sherkat (DABS) and the Afghan-German Cooperation signed the contract for the construction of a power supply network in the Kokjar area of Hazrat Sultan District, Samangan. More than 8,000 people in the villages of Bamanchi, Malkar,
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