Business

The Dutch ambassador said that the “Orange Business Network” program will continue on a monthly basis for a year-long to technically support and motivate the young entrepreneurs. The Minister of Economy also supports the program and said that he would meet the entrepreneurs’ problems in person. The Orange Business Network …

It has been a year since the Lapis Lazuli Route has been inaugurated, but only one transit cargo has arrived from Afghanistan to Turkey. The private sector wants the government to provide facilities along the route. The Ministry of Commerce and Industries promises to help solve problems related to the …

Transit trade between China and Afghanistan has begun with the inauguration of Gwadar Seaport on the southern coasts of Karachi, Pakistan, and with the arrival of the first transit trade ship from China. The Embassy Pakistan in Kabul says that the commercial goods will be transited from the Gwadar Seaport …

Kiyoshi Kimura, a Japanese tycoon has bought a titanic tuna fish in return for $1.8 million at a New Year’s auction launched in Tokyo’s Toyosu fish market, Sunday. Kimura runs a franchise of restaurants, Sushi Zanmai, tags himself as a ‘Tuna King’. He has paid a huge sum of 193 …

Afghanistan’s cotton industry saw an upward rise of 21% this year due to continuous seasonal precipitation, sources in the Ministry of Agriculture, Irrigation and Livestock say. Besides saffron, cotton is considerable produce in Afghanistan. Balkh, Kunduz, Nangarhar, Helmand, and Baghlan provinces have been marked as the main sources of Cotton …

Saffron is grown in all of the provinces including Herat with more than 3000 acres of saffron, said the ministry of agriculture, irrigation, and livestock. “Afghan’s saffron has a high quality in the market, and the government should prevent its illegal export. This year we will produce up to 20 …

Central bank confirming this said that although the Afghan Money is purely made of cotton and has the capacity of being folded up to 3500 times, the wrong use of it by the residents makes it get out of use in a short time. “The Afghan money has the highest …

Kabul residents report that fuel prices are 20% to 25% higher this year. Some residents have called for the government to address the fuel price issue. According to the Afghanistan Chamber of Commerce and Investment (ACCI), high demand for fuel drives the increase in fuel prices. “We have invited the …

A privately owned cold storage facility has been built in Kabul. The facility, which is the largest cold storage build in the country, cost about five million US dollars. It has the capacity of storing 5,000 tons of agricultural products at one time. Presently it is being used to store …

Kabul, Afghanistan — November 12, 2019 — Bayat Power, Afghanistan’s largest, Afghan-owned and operated Power Production Company announced today that Bayat Power-1, the region’s most technologically advanced gas fired electric power plant — and Afghanistan’s first new gas based power production plant in more than forty years — has officially …

The Afghan government has made little effort to find markets for fresh fruits being produced in the country, an official said on Wednesday. Ahmad Tawfiq Dawari, Deputy Head of the Afghanistan Chamber of Commerce and Investment (ACCI), told Ariana News that if government purchases fresh fruits, which are produced in …

The foundation stone of a milk processing factory was laid in Kabul during a ceremony on Tuesday. Speaking at the ceremony, Nasir Ahmad Durrani, the Minister of Agriculture, said the factory will be constructed with the capacity of processing 80,000 liters of milk in 24 hours. “Seven types of good-quality …

The World Bank Group has approved a $98.8m financing package for two gas-to-power energy projects in Afghanistan. The package will support Sheberghan and Mazar-e-Sharif Gas-to-Power Projects. According to an official in the World Bank, Afghanistan’s energy needs are enormous and the new package will help Afghanistan’s development especially in terms …

Afghan Ministry of Foreign Affairs (MoFA) issued a statement on Thursday protesting the removal of Afghan flag from a property in Peshawar City during an overnight operation by Pakistani police. According to the statement, hundreds of Pakistani police have raided over Afghan Market in Peshawar City of Pakistan without giving …

Business owners lost more than $1.5 million after fire broke out in eleven stores in Taimor Shahee area of Kabul late on Tuesday. Immediately the main cause of the fire was unknown. However, the owners of the stores expressed their concerns regarding the repetition of such incidents. “The government is …

The Kabul Municipality has built 264 public bus stations worth millions of Afghanis as an effort to reduce traffic jam in the capital Kabul. Narges Mohmand, the Spokesperson of Kabul Municipality on Monday told Ariana News that they are awaiting for the Ministry of Transport to allow buses to operate …

Two back-to-back explosions happened near a branch of Salaam Telecom Company in PD11 of Kabul City late on Friday night, an official said on Saturday. The first blast took place at around 12pm last night as a result of explosives placed in front of the branch office of the state-run …

The Kabul electricity will be reconnect tomorrow, Da Afghanistan Breshna Sherkat (DABS) – the national power utility company – said in a statement on Tuesday. According to the statement, the staff of the power company will be allowed to repair the damaged transmission towers and electricity pylons on Wednesday morning. …

The main power transmission line to Kabul was cut on Saturday due to fighting in Baghlan province, Da Afghanistan Breshna Sherkat said in a statement. According to the statement, a major electricity pylon in Dand-e-Shahabuddin was cut today afternoon and left Kabul in dark. A technical team has been deployed …

The first shipment of Afghanistan exported goods has arrived in China, Afghan officials said on Wednesday. Afghanistan exported 1100 tons of talc to China last week from Mazar-e-Sharif through the Hairatan railroad. The Afghan goods crossed Uzbekistan and Kazakhstan in 41 wagons. Earlier Afghanistan exported pine nuts worth $15 million …