Business

Chief Executive Abdullah Abdullah has admitted that in some parts the government failed to provide “needful” and “timely” support for investment in the country. Addressing a gathering on Thursday in Kabul, initiated by the Ministry Of Agriculture, Irrigation & Livestock (MAIL) to encourage and support the investment in agriculture sector, …

The Ministry of Rural Rehabilitation and Development (MRRD) has signed a contract for 12 road construction projects with private companies that are worth 521 million Afghani in total. The projects include, Asphalting, cementing and repairing the roads and building new bridges which will connect 221 villages in Samagan, Faryab, Parwan, …

The power line from Tajikistan to capital Kabul was cut due to today’s clashes in northern Baghlan province, Da Afghanistan Breshna Sherkat (DABS) said. According to DABS statement, the Monday clashes between the government forces and the insurgents in Dand-e-Shahab, Pul-e-Khumri and Dasht Kelagai areas of Baghlan damaged 150 megawatt …

Ehsanollah Bayat, the Founder of Afghan Wireless (AWCC), the Ariana Television Network (ATN), and the Chairman of The Bayat Group has received the 2017 Best Media and Telecom CEO Award from International Finance Magazine (IFM). International Finance Magazine (IFM) which is published in 185 countries, provides the world’s leading executives …

Afghan Ministry of Public Works (MoPW) says the technical studies of a railway linking China with Iran via Kyrgyzstan, Tajikistan and Afghanistan has been completed. The railway is expected to run from China’s Kashgar to Afghanistan’s Herat, then go through Kyrgyzstan and Tajikistan and finally connect with the Iranian railway. …

Revenues of two major lapis lazuli and gold mines being collected by the Taliban and irresponsible armed people in northern Badakhshan province, local officials said Saturday. Irresponsible armed people collecting revenues of lapis lazuli mine Karano Manjan district of the province since years, instead of going to government’s depleting coffers, according …

Afghanistan Ministry of Foreign Affairs (MoFA) has held a meeting to prioritize the biggest economic projects of the country for the seventh Regional Economic Cooperation Conference on Afghanistan (RECCA VII) summit. Speaking at the meeting, the deputy of foreign minister, Adela Raz emphasized on selecting those projects which can be …

Pakistan seeks ‘tax exemption’ mutual deal with Afghanistan on certain commercial items, in a bid to expand trade ties with Kabul, sources told Ariana News Saturday. The move comes after the relations between Kabul and Islamabad became strained over accusations of harboring militants, Pakistan has “stymied” Afghanistan’s efforts to trade …

An Afghan delegation including the Ministry of Mines Engineers and Presidency’s Preservation and Services departments have discovered a number of precious stones in one of the Presidential Palace’s rooms.   The President’s office said these stones were moved to the Presidential Palace for preservation after a rocket hit the Ministry …

The United States is committed to working together with the Afghan government to move the economy of Afghanistan forward and will continue to support Afghan small and large businesses, said Ambassador Hugo Llorens in a statement.Ambassador Hugo Llorens emphasized that Afghanistan has a rich, long history as a nexus for …

Afghan water and energy minister says that corruption in the procurement system has created obstacles for the ministry to implement it’s complicated projects on-time. “Major corruption is taking place in the procurement sector,” said Ali Ahmad Osmai, the Minister of Water and Energy in an yearly procurement conference which was …

Minister of Agriculture of the Czech Republic, Marian Jurecka assured that his country is ready to support Afghanistan in the area of developing agriculture projects. Addressing a joint press conference with Afghan counterpart in Kabul on Thursday, Czech Minister said: “On behalf of the Czech government I would like to …

Simultaneously with the transit and trade challenges by Pakistan, Afghanistan Chamber of Commerce and Industry (ACCI) has called for expansion of trade relations between Afghanistan and Uzbekistan. “We have great trade relation with Uzbekistan, but in imports. The government should work more on exports,” said Atiqullah Nasrat, chief operating officer …

Dozens of shops were gutted after a huge fire swept through a fruit market in the vicinity of the 4th police district in Kabul city. The shopkeepers said the cause of fire was the charge of electricity and more than eleven shops faced financial losses. Some of the shopkeepers complain …

The first fiber optic device with 10,000 lines worth $ 5 million has opened by the Ministry of Communications and Technology (MCoT) in Kandahar province. The acting minister of communication says Afghanistan will get out from monopoly of neighboring countries’ telecommunication up to the next five years. “We will get …

A group of construction companies claimed on Wednesday that the Afghan Interior Ministry has not paid its debt of nearly 10 billion Afghani for the work that has been undertaken by the companies. A representative of the group said that the construction firms have executed a number of projects in …

Afghan Ministry of Finance (MoF) says some of the neighboring countries are trying to prevent investment and domestic production in country. Afghanistan is at risk of unwelcome external influences, its sovereignty and traditions vulnerable. The finance minister, Eklil Hakemi declared the government committed to provide fields for the growth of …

The technical study and design contract of new Salang tunnel worth $19.6 million signed between the Ministry of Public Works (MoPW) and an Australian Company. The cost of the project will be paid by Japan and the new tunnel would be 12 kilometres long from Doshakh area of Baghlan province …

A trilateral summit between Pakistan, Afghanistan and Tajikistan and a quadrilateral summit of CASA-1000 member nations held in Dushanbe city, the capital of Tajikistan. The CASA-1000 project aims at developing energy corridor and land connectivity between Tajikistan, Afghanistan and Pakistan. Tajikistan president expressed concern over the slow process of works …

Afghanistan is making efforts to pave the way for the practical phase of the multi-billion dollars Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project. Kabul organized a conference on TAPI on Thursday under the theme of “TAPI: Impact on Economic Development in Afghanistan and the Region”. The conference focused on TAPI project progress, …