Business

Pakistan opened its airspace for all civilian traffic including the Afghan flights after over four months of closure on Tuesday. The Ministry of Transport says that though alternative ways were used for the flights from Afghanistan to India, Afghanistan lost 27 million dollars due to the closure of Pakistan’s airspace. …

The Second RECCA Ambassadorial Coordination Meeting in 2019 and the Inauguration Ceremony of the RECCA Chamber of Commerce and Industries (RCCI) was held on Wednesday at the Afghan Ministry of Foreign Affairs in Kabul. High-level officials from the Afghan government and heads of the diplomatic mission in Kabul participated at …

Afghan government institutions have spent more than 40 percent of their development budget during the last six months of the fiscal year. Shamroz Khan, Spokesman of the Ministry of Finance on Tuesday said at a press conference that there is a five percent increase compared to the previous year in …

The reconstruction of Darul Aman Palace has completed 90 percent and will be ready to host the celebration of Afghanistan’s Independence Day in another two months. Darul Aman Palace was built during the era of King Amanullah Khan who ruled Afghanistan from 1919 to 1929. Engineers say they have used …

A huge fire broke out at a fuel storage tank in Mazar-e-Sharif City on Wednesday noon. The fire broke out at around 12 pm today in Taimorian fuel storage tank. Immediately there was no report of casualty. The cause of the fire is yet to be ascertained. The firefighters were …

At the head of a high-ranking delegation, President Ashraf Ghani on Wednesday traveled to the Kandahar province in the south. Following his arrival to the province, President Ghani officially renamed Kandahar Airport after Ahmad Shah Baba. He also inaugurated the newly-constructed Kandahar Airport Road and named it after later General …

Afghan businessmen and shopkeepers have lost millions of Afghanis as a result of the Taliban’s complex attack in Kabul City yesterday. The attack claimed by the Taliban left more than a hundred people killed and injured. Khan Jan Alokozai, Deputy of Afghanistan’s Chamber of Commerce and Investment on Tuesday said …

The Prime Minister of Uzbekistan has promised to provide a discount of $45 million for a power transmission project in Afghanistan, the Office of Chief Executive said in a statement. Afghanistan’s Chief Executive Abdullah Abdullah on Monday met with the Prime Minister of Uzbekistan Abdulla Aripov in the northern province …

The Afghan minister of transportation on Sunday inaugurated the asphalting project of the second line of the Kabul-Maidan Wardak road. The project costs more than 1.5 billion Afghanis and it will connect Kabul to central, southern, and southwestern parts of the country. According to the officials, the length of the …

The Officials inaugurated Kabul – Sharjah air corridor on Monday, Afghan officials said. According to the Afghan Ministry of Industry and Commerce, the first flight carried two tons of fresh apricots to the Sharjah City of the United Arab Emirates. The announcement was made today by Ajmal Ahmadi, the Afghan …

The officials of Afghanistan Chamber of Commerce and Investment (ACCI) reported that dozen tons of Afghan watermelon will be exported to Azerbaijan. In the first stage, almost 2,000 tons of Afghan watermelon will be exported to Azerbaijan, they add. This comes as due to the lack of market in the …

A Kabul-based non-governmental organization on Monday called on the judicial organs to investigate from the governor of Afghanistan’s central bank who will step down in a month. According to Integrity Watch Afghanistan, Khalil Sediq, the governor of central bank is supposed to report his achievements or failures before departing to …

Afghan senators on Sunday summoned senior officials of the central bank, interior ministry, and customs department over smuggling of U.S. dollar from Afghanistan to foreign countries. Mohammad Alam Izadyar, Deputy Speaker of the House claimed that widespread corruption exists in the customs department. He further said that millions of dollars …

The harvests of fruits, grain, and wheat have increased in northern Kunduz province, said the Agriculture Directorate of Kunduz. Kunduz is one of the well-known provinces of the country which previously was known as the “the hive of Afghanistan’” and the center of grains. However, insecurity in recent years had …

Officials in the Afghanistan Chamber of Commerce and Industries said on Wednesday that the exported goods of Afghan merchants to Europe lack good quality and safety. According to ACCI, Afghan merchants are not familiar with the Europe standards including food safety and quality while exporting goods; and this has turned …

Afghanistan’s Central Bank canceled the license of the Arian Bank, an Iranian bank based in the capital Kabul with a branch in Herat province. According to the officials, Arian Bank has failed to meet Afghan financial regulations and had no role in Afghanistan’s economic development. “Arian Bank is registered with …

The Afghan telecommunications and information technology minister warned that Facebook will be blocked in Afghanistan during the next six months if it doesn’t follow the country’s regulations. Speaking at a press conference in Kabul, Minister Shahzad Gul Aryobi said that Facebook is being misused in Afghanistan, saying that creating accounts …

A number of politicians, warlords, members of the National Assembly, and government officials owe 4.5 billion Afghanis in unpaid electricity bills to the Afghanistan power utility company – Da Afghanistan Breshna Sherkat (DABS), an official said on Monday. According to the authorities, the warlords and powerful figures have beaten the …

A Memorandum of Understanding (MoU) was signed on Tuesday for the implementation of a power transmission project to northern Badakhshan province and construction of Shiwa Dam, the Presidential Palace said in a statement. The MoU was signed between Mohammad Gul Khulmi, the acting minister of water and energy, Amanullah Ghalib …

President Ashraf Ghani who was on a two-day visit to the United Arab Emirates, says Abu Dhabi is ready to buy all Afghan saffron and establish air corridor with Afghanistan. Speaking to Afghan businessmen in Dubai, Ghani said that the UAE will import all saffron produced in Afghanistan this year. …