Business
Central Bank says ATM to get operational in Afghanistan
Da Afghanistan Bank (Central Bank of Afghanistan), said Thursday, said that Automated Teller Machine (ATM) services by commercial banks will be resumed in the country.
In a statement issued on Thursday, Da Afghanistan Bank stated that the decision was made after a series of discussions with commercial banks and the union of banks of the country.
The ATM services of banks were stalled after the Islamic Emirate of Afghanistan (IEA) regained power on August 15 last year.
According to the statement, the ATMs will be available at specific locations for the customers.
“Da Afghanistan Bank is striving to return banking sector to normal and reactivating the ATMs is a good news [for people] and [Da Afghanistan Bank] is trying to bring further facilities to the people.” Reads the statement.
Da Afghanistan Bank, so far, has not disclosed the amount of money people can withdraw from the ATMs.
Currently, people can withdraw up to $400 from dollar-denominated accounts or 30,000 Afghanis a week from the previous limit of $200 or 20,000 Afghanis.
Business
Afghanistan signs $46 million deal to develop standard laboratory complexes
The Office of Mullah Abdul Ghani Baradar has announced a contract worth over $46 million for the construction and outfitting of standard laboratory complexes in Kabul and nine major ports across Afghanistan.
The agreement, signed Wednesday at the Government Media and Information Center, was finalized between Faizullah Tamim, head of the Standards and Quality Authority, and representatives of the Indian international firm TCRC, according to a statement from the Deputy Prime Minister for Economic Affairs Office.
Under the five-year deal, TCRC will establish modern laboratory complexes in the capital and key ports, install advanced equipment, renovate existing facilities, and introduce foreign specialists to strengthen the professional capacity of the authority’s staff.
The project will also provide domestic and international training programs for technical employees and support efforts to secure internationally recognized quality certifications from the International Organization for Standardization (ISO).
Officials said the initiative aims to improve Afghanistan’s quality control systems and enhance standards infrastructure nationwide.
Business
Ariana Afghan Airlines lowers cargo rates on Kabul–Delhi route to boost exports
Business
Afghanistan, Uzbekistan sign 13 trade MoUs worth over $100 million
Thirteen trade and investment memorandums of understanding (MoUs) worth more than $100 million were signed between private sector representatives of Afghanistan and Uzbekistan during a conference held in Kabul on Saturday.
The conference, which brought together business leaders and officials from both countries, focused on expanding bilateral economic cooperation, increasing trade volume, and identifying new investment opportunities.
Speaking at the event, Nooruddin Azizi, Minister of Industry and Commerce of Afghanistan, said economic relations between Afghanistan and Uzbekistan have gained notable momentum in recent months. He stressed that Afghanistan is actively working to strengthen regional trade ties and create a more favorable environment for investors.
Azizi added that Afghanistan offers significant investment potential, particularly due to its available workforce and emerging opportunities across multiple sectors, and is ready to welcome joint ventures with foreign partners.
Officials from the Ministry of Industry and Commerce of Afghanistan said the government has facilitated around $2 billion in investment across various sectors over the past year, reflecting growing investor interest in the country’s economy.
The Uzbek delegation also reiterated its commitment to expanding economic relations with Afghanistan, describing the agreements as an important step toward deeper regional cooperation.
Amanbay Orynbayev, head of Uzbekistan’s Karakalpakstan delegation, said his country places strong emphasis on long-term, transparent, and reliable economic partnerships. He encouraged Afghan traders to take advantage of joint investment opportunities to access new regional markets.
The Afghan private sector welcomed the agreements, expressing hope that increased trade engagement and business exchanges will further strengthen economic ties between the two neighboring countries.
Officials noted that the total value of agreements signed between Afghanistan and Uzbekistan has now exceeded $1.5 billion. If implemented effectively, these commitments are expected to contribute to increased trade flows and broader economic growth in Afghanistan.
-
Sport4 days agoCanada to host opening ceremony for FIFA World Cup 2026 in Toronto
-
Latest News4 days agoSAARC failure pushes Pakistan toward trilateral ties with Afghanistan, China, Bangladesh: Dar
-
Latest News2 days agoJapan announces MEXT scholarships for Afghan students for 2027 academic year
-
Business3 days agoAfghanistan, Uzbekistan sign 13 trade MoUs worth over $100 million
-
Sport4 days agoAfghanistan rises 7 places to 21st in FIFA Futsal World Rankings
-
Sport4 days agoAfghan cricket delegation travels to China for technical cooperation
-
Sport4 days agoLos Angeles to welcome the world with historic FIFA World Cup 2026 opening event
-
Latest News4 days agoIEA leaders contact Maulana Fazlur Rehman to express condolences over Sheikh Idris’s death
