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New court trial for obtaining Kabul Bank loans

Central Bank of the Afghanistan informed the public about the start of a court to attain unpaid loans of the New Kabul Bank. Nurullah Delawari President of the Central Bank of Afghanistan said at a news conference today that the

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Four Million Dollar Contract to Rebuild the “Kohsan” Canal in Herat

Ministry of Energy and Water signed the reconstruction project of Kohsan Canal situated in Herat with a private construction company on Wednesday. Mohammad Ismail Khan Minister of Energy and Water said to a press conference in Kabul that the reconstruction

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Hundreds of Farmers benefited from the Food Aid in Baghlan

Baghlan Agriculture and Livestock Institute in collaboration with U.S. special forces and GIZ organization distributed USD 30,000 and 256 packages of food and agricultural supplies to farmers whose wheat fields were hit hard by the recent floods in some districts

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First-ever Carpet-processing Factory opens in Herat

The carpet-processing factory, a US-funded project, was inaugurated on Saturday in the industrial park in Western Herat. The factory is a big help for Afghan carpet weavers who used to send their carpets to Pakistan for processing and washing. The

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Kabul Bank up for sale

Afghanistan’s first private sector bank, Kabul Bank, is being put up for sale, senior officials announced on Saturday. The plan comes at a time when USD 34.9 million of its loan mark-ups have been written off. The bank went bankrupt

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Review of Preparations for Tokyo Conference

Ministry of Finance has made preparations for next month’s Tokyo Conference. The preparations were reviewed by representatives from 70 countries and organizations in a meeting held on Friday. Japan’s Special Representative for Afghanistan and Pakistan Ambassador Tadamichi Yamamoto and officials

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Karzai’s Order to 3 Key Ministries: Efforts for Improvement

President Karzai has ordered Ministry of Education, Ministry of Higher Education and Ministry of Social and Labor Affairs  to provide their long-term plans for the improvement of the educational and employment status to the presidency. As per his order, an

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Fuel Prices Dip, Gold and Food Prices Pick Up

Retailers reported on Thursday that prices of petroleum products went down while gold and food items rose. The increase in the supply of fuel supplies mainly coming to Kabul from the Hairatan dry port in Balkh has caused the fuel

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Kazakhstan willing to invest in various spheres in Afghanistan

Kazakhstan and Afghanistan signed an agreement where Astana pledged to cooperate with Kabul in various sectors including investment sectors. Foreign Minister Zalmai Rassould told reporters that Kazakhstan is keen to invest in different areas particularly in Afghanistan’s untapped mining sector.

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India-US-Afghanistan trilateral consultation

India and US agreed to a formal trilateral consultations with Afghanistan on June 14, 2012. “Today we agreed to move forward with a formal trilateral consultation among our three nations (India, US and Afghanistan,)” Secretary of State Hillary Clinton told

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Increase in Wheat Yields in Nangarhar and Laghman

Agricultural officials reported that wheat production in Nangarhar and Laghman provinces has gone up by 20% compared to last year’s increase. The yield increase was mainly due to adequate rainfall and the use of quality seed. The crop was sown

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Afghan Halal Food Products on Exhibition in Moscow

A number of Afghan businessmen participated in the international exhibition of Halal Food in Moscow. This was the first ever exhibition held on Halal foods that are produced in accordance with international standards. Afghan food products were also exhibited. In

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Reintegration Programs Planned for Samangan Province

Ministry of Agriculture and Livestock announced that the international community has allocated USD 17 million for the reintegration process in 10 provinces. Aybak and Sarbagh districts of Samangan are included in the process and the projects include technical survey, irrigation

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International Assistance to Afghanistan will Continue, Hillary Clinton

Hillary Clinton said at a ‘Women in Public Service Institute’ inaugural ceremony that international assistance to Afghanistan would not be limited to security only. The international community shall adhere to their obligations towards infrastructure development of the country as well.

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Kunduz Airport Upgraded

Gemeran-funded facilities worth half a million euros (31.4 million afghanis) were inaugurated at the airport in northern Kunduz province on Monday, June 11. The projects took four months to complete. The facilities include a meeting hall, 66 containers, and a

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Cabinet endorses oil deal with China

Endorsing a deal with China on developing a small oil and gas field in northern Afghanistan, the Cabinet on Tuesday agreed to the creation of a joint working committee to explore energy deposits at the Amu River basin. Last year,

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UN Sacks LOTFA Officials over Mismanagement of Funds

The United Nations fired three officials running its $1.4 billion Afghanistan police trust fund as the first step in what is expected to be a broader shake-up at the programme currently facing an internal investigation of mismanagement, according to UN

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Adequate women’s participation in Tokyo meet sought

The Afghan Women Network (AWN) approached the government on Monday to ensure the inclusion of an adequate number of women in the Tokyo conference which is due to take place in Japan in July. The Tokyo Conference will revolve around

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Afghanistan will top the agenda in talks between India and America

Afghanistan will top the agenda in the strategic dialogue between India and America which is due to take place next Wednesday. The talks will be lead by U.S. Foreign Minister Hillary Clinton and Indian Foreign Minister S.M Krishna.  America wants

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Ex-ANA officers protest for plots

The Afghan National Army (ANA) officers who were sent on early retirement staged a protest, blocking doors of the finance ministry for not implementing a Cabinet decision on distribution of residential plots to them, officials said on Saturday. More than

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$30m road projects being executed in Jawzjan

The Public Works Ministry will execute road projects worth $30 million (1.5 billion afs) this year in northern Jawzjan province, an official said on Saturday. Public Works Minister Eng. Najibullah Awjan during his visit to northern Faryab province said the

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Afghanistan as Observer to SCO Summit

Recently, Shanghai Cooperation Organization member countries have agreed attending of Afghanistan as observers in to this organization. Hu Jintao the president of Public Republic of China said during the organization’s annual meeting in Beijing “that after this Afghanistan, will attend as

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Afghanistan exported $8.9m fruit juices since April 20

Afghanistan’s exports of fruit juices to foreign countries, including Pakistan and India, mounted to $8.9 in less than two months. Omaid Bahar Factory began exporting pomegranate, apple, melon, mulberry and apricot juices on April 20. The firm receives its fruits

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Afghanistan, India to Co-Host Afghan Investment Conference

Afghanistan and India will co- host the Delhi Regional and International Investor’s meeting on Afghanistan on June 28. The meeting will focus on determining ways to boos up regional investment in Afghanistan.   Representatives from Pakistan, China and Turkey are

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China- and Russia-led Shanghai bloc eyes Afghan role

A bloc of Asian countries led by China and Russia is seeking a bigger role in Afghanistan ahead of Nato’s pullout. The Shanghai Cooperation Organisation (SCO) should be involved in its “peaceful reconstruction”, China’s President Hu Jintao said in Beijing.

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