Afghan Business
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USAID Resumes “Off-Budget” Activities in Afghanistan
The United States Agency for International Development (USAID) has announced that it has resumed some of its activities in Afghanistan, but has suspended all contacts with the former Afghan government. The US Special Inspector General for Afghanistan Reconstruction, or SIGAR,
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China Wants To Invest In Afghanistan’s Solar Power & Mining
The Chinese ambassador in Kabul met with the islamic Emirate’s Foreign Minister and announced that his country wants to invest in solar power and mining. Foreign Ministry spokesman Abdul Qahar Balkhi wrote on his Twitter page that Maulvi Amir Khan
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$32 Cash Aid Arrives in Kabul
Da Afghanistan Bank (Central Bank) announced that about 32 million US dollars arrived in the country on Monday and was handed over to the Afghanistan International Bank (AIB). Da Afghanistan Bank wrote on its official Twitter page that this was
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Increase In Exports and Imports Through Hairtan Port
The Department of Commerce and Industry of Balkh Province announced that recently the volume of exports and imports through the commercial port of Hairatan has increased. Shir Ahmad Sepahizadeh, the department’s commercial director, told Radio Azadi that after the political
Read MoreUN Sends $32mn Cash Aid to Afghanistan
Da Afghanistan Bank (DAB), Afghanistan’s central bank, announced that $ 32 million cash aid arrived in Kabul today as part of a series of humanitarian aid to Afghanistan. Da Afghanistan Bank said in a statement that the cash transfer had
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Pakistan Bans Imports From Afghanistan Through Attari-Wagah Port
The Pakistani government has announced that imports from Afghanistan through the port of Attari-Wagah have been suspended for the past four days due to a dispute over the signing of South Asian Free Trade Area (SAFTA) certificates. India used to
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Pakistan Eyes Tapping Afghanistan’s Multi Billion-Dollar Hajigak Iron Mine
The Pakistani government wants to conduct a large-scale study of the Hajigak iron ore mine in Afghanistan to look for investment opportunities. Federation of Pakistan Chambers of Commerce and Industry says Pakistan could benefit more from Haji Gak Iron Mine,
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Herat Businesswomen Worried About Lack of Business
A number of businesswomen in Herat have expressed concern about the lack of market for their business, saying that they have been forced to close their shops due to the downturn in the market for their products. Sedigheh Tamaski, a
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International Banks Allowed To Transfer Money to Afghanistan
The US Treasury Department has advised international banks to transfer money to Afghanistan without fear for humanitarian purposes. The department said yesterday that aid agencies were allowed to pay teachers and health care workers at Afghan government institutions without fear
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Afghanistan Signs Power Line Deal With Turkmenistan
Da Afghanistan Breshna Sherkat (DABS) has announced that it has signed a power line project deal with Turkmenistan following a four-day talks with representatives of Turkmenistan and Turkish Calik Energi company. Breshna Company today announced in a newsletter that Hafez
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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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70% of Afghanistan’s Waters Are Wasted
If water is controlled, Afghanistan will be self-sufficient in agriculture and electricity generation The Ministry of Energy and Water says that if Afghanistan’s waters are contained, Afghanistan will be self-sufficient in agriculture and electricity generation. Mujibur Rehman Omar, Deputy Minister
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Afghanistan, Kazakhstan To Strengthen Ties & Reopen Air Corridor
The Minister of Trade and Industry of Afghanistan, during a meeting with the Minister of Trade and Convergence of Kazakhstan, discussed the strengthening of trade relations, the reopening of the air corridor, and the opening of representative offices of Kazakh
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Afghanistan’s Exports Cross $1bn This Year
The Afghan Ministry of Commerce and Industry announced that the country’s exports have reached more than $ 1 billion this year. Acting Minister Noureddine Azizi told the media that the country’s exports had reached $ 1.5 billion this year. Meanwhile,
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Power Transmission Agreement Between Afghanistan and Tajikistan
Da Afghanistan Breshna Sherkat announced that it has extended the contract for electricity imports from Tajikistan until the end of 2022. Breshna said in a statement that Hafiz Mohammad Amin, the company’s general manager, had signed a contract with Tajik
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