Afghan Business
Back to homepageIncrease in Cotton Production in Afghanistan
According to the Taliban Ministry of Commerce officials, Afghanistan exported 73,000 tonnes of cotton worth USD 46mn last year. The Taliban attribute the rise in cotton production to the opium ban in the country. Commerce Ministry spokesperson Maulana Zaheer did
Read More‘Afghan Invest’ Company Inaugurated In Kabul
The Afghan Invest Company, a $250 million investment from 13 Afghan businessmen, is inaugurated in Kabul in the presence of Islamic Emirate officials, Afghan businessmen and diplomats. According to the officials, Afghan Invest is a joint stock company that will
Read MoreRussia Lifts Customs Tariffs On Afghan Exports
Afghanistan Chamber of Commerce and Investment announced that Russia has lifted customs tariffs on Afghan exports. The chamber also said that the Russian Chamber of Commerce and Industry, in a meeting with investors and businessmen, decided to exempt Afghan exports
Read MoreExport of Pine Nuts Through Air Corridor Declines
Afghanistan Chamber of Commerce and Investment announced that the export of pine nuts through the country’s air corridors had decreased. The chamber said in a statement that pine nuts traders have voiced concerns about the problems facing export of pine
Read MoreSaudi Arabia Provides $30mn In Humanitarian Aid To Afghanistan
Saudi Arabia has extended a grant worth USD 30 million to support the Afghanistan Humanitarian Trust Fund (AHTF). According to the Saudi Press Agency (SPA), the aid is intended to prevent further deterioration of the humanitarian situation in Afghanistan, as
Read MorePractical Work On TAPI Project in Afghanistan To Begin In Six Months
The local administration of Herat province announces the beginning of the practical work of the “TAPI” project in Afghanistan within the next six months. During a meeting with Herat Governor, Mohammad Murad Amanov, chief executive of the TAPI project, said
Read MoreThe International Public Exhibition Kicked Off In Kabul
The international exhibition of “Bahar Naw” (new spring) kicked off on Sunday at the Loya Jirga tent with the participation of high-ranking Taliban officials, the private sector and diplomats. Mullah Abdul Ghani Boradar, the Deputy Prime Minister for Economic Affairs,
Read MoreEstablishment Of An Agricultural Bank in Afghanistan In The Near Future
Officials at the National Development Corporation say an agricultural bank will be set up to improve Afghanistan’s agricultural sector. Abdul Rahman Atash, head of the National Development Corporation, during a meeting with Mawlawi Abdul Kabir, Deputy Prime Minister in political
Read MoreKabul Airport Customs Revenue Reach 430mn Afghanis
The customs office of Kabul International Airport announced that the office had earned more than 430 million Afghanis in the past eight months. “We have set up a center at Kabul Airport to provide the necessary facilities for traders and
Read MoreContract For Management Of Afghan Airports Signed With A UAE Firm
A contract for the regulation and management of four Afghan airports has been signed with GAAC Solutions, an Abu Dhabi-based firm. The agreement was signed on Tuesday in the presence of Mullah Abdul Ghani Baradar, Deputy Prime Minister, Mullah Khairullah
Read MoreAfghan Companies Participate in Pakistan 2022 International Exhibition
The Ministry of Industry and Commerce announced that six Afghan companies have participated in an international exhibition called “Pakistan Gems, Jewelry, and Fashion Expo” in Islamabad, the capital of Pakistan. The Expo in Pakistan opened on Friday and will last
Read MoreTaliban Bans Export of Wheat
With the arrival of the wheat harvest season and the growing demand for this plant, the Ministry of Finance of the Islamic Emirate has issued an order to all Afghan customs to prevent the export of wheat abroad. In a
Read MoreAfghanistan’s Mining Revenue Reaches 10bn Afghanis
The Ministry of Mines and Petroleum announced that since August last year, the ministry’s revenues have increased to ten billion Afghanis. According to officials at the Ministry of Mines and Petroleum, the ministry has been able to generate more than
Read MoreKotal e Takht Industrial Park Inaugurated in Maidan Wardak
The Ministry of Industry and Trade has announced the opening of the 200-acre Kotal e Takht Industrial Park in Maidan Wardak province. Inamullah Samangani, Deputy Spokesman of the Islamic Emirate, wrote on his Twitter page: “In the continuation of efforts
Read MoreIndia Extends Special Pest Control Exemption for Afghan Agricultural Products
The Afghan embassy in New Delhi announced that India had extended the special exemption on Afghan agricultural products for another year. The Afghan embassy in New Delhi said in a statement that according to Indian government criteria, any crop must
Read MoreAfghanistan Exports More Than 7 Tons of Figs This Year
The Ministry of Industry and Trade announced that 7.15 tons of figs worth more than $35 million has been exported this year. The ministry tweeted that Afghanistan exported 7,155 tons of figs in 1400 solar year with a total value
Read MoreAfghanistan Extracts 200 Tons of Crude Oil Daily
The Taliban-led government’s Ministry of Mines and Petroleum says it is expected to extract 200 tonnes of crude oil a day. The ministry said in a statement that it plans to announce the tender for 10,000 tons of crude oil.
Read MoreAnother $32mn Cash Aid Package Delivered To Kabul
Da Afghanistan Bank, Afghanistan’s central bank, announced that a series of $32mn humanitarian cash aid package was delivered to Kabul. The central bank wrote on its Twitter page that this was the 22nd round of cash aid package that arrived
Read MoreSaffron Sales Go Down By 30% In Afghanistan
Traders complain about the decline in saffron sales and said saffron sales had dropped 20%-20% in 1400 solar year. Traders called on Islamic Emirate to facilitate the export of Saffron and other Afghan products. Afghan saffron was exported to 28
Read MoreConstruction Of A $50 Million Pharmaceutical Factory Begins in Kandahar
Kandahar Chamber of Commerce and Investment announced that a large pharmaceutical factory worth $ 50 million will be built in the province. Kandahar Chamber of Commerce and Investment said in a newsletter that a section of the factory with eight
Read MoreNew Zealand to Fund $2 million Agricultural Project in Afghanistan
The Food and Agriculture Organization (FAO) of United Nations announced that New Zealand is willing to fund a $2 million worth agricultural project. This new project of humanitarian aid to farmers consists of distributing modified seeds, Ammonium Nitrites, trainings, and
Read MoreInternational Donors Commit $2.4billion To Keep Afghanistan From Humanitarian Collapse
The United Nations, Britain, Germany and Qatar pledged $ 2.4 billion in international aid to the Afghan people. The meeting was held under the name of “Afghanistan 2022 Conference” in Switzerland and was attended by representatives of 41 countries and
Read MoreConstruction Of Termez-Kabul-Peshawar Railway Project Begins
Uzbek officials say work has begun on a railway project that will connect Uzbekistan to Pakistan via Afghanistan. The Uzbek railway to Afghanistan and Pakistan is the shortest route connecting Central Asia via Karachi and the ports of Gwadar and
Read MoreQosh Tipeh, Afghanistan’s Largest Irrigation Canal, Officially Inaugurated
Qosh Tipeh, the largest irrigation canal in the country, was officially inaugurated in the presence of high-ranking officials of the Islamic Emirate. Mullah Abdul Ghani Boradar, Deputy Prime Minister for Economic Affairs, said at the opening ceremony of the largest
Read MoreHerat Sends This Year’s First $ 5-Million Shipment to Europe
Herat Chamber of Commerce and Investment announced that the province’s first export shipment worth $ 5 million was sent to Europe. The Herat Chamber of Commerce and Investment also said that the shipment included 30 trucks loaded with pistachio and
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