Tuesday, December 5, 2023

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Business and Finance

Initiative underway to allocate land for returning traders and investors

Acting Minister of Industry and Commerce, Nooruddin Azizi, along with the head of the committee for facilitating the return of businessmen, met with Abdul...

Central Bank raises private bank withdrawal limit to 70,000 Afghanis

The Central Bank of Afghanistan has announced an increase in the weekly cash withdrawal limit from private banks, raising it from 50,000 to 70,000...

Thousands of Afghanistan-bound containers remain stranded at Karachi port

Afghan traders are facing delays as Pakistani officials have not yet allowed the release of goods stranded at the Karachi seaport, according to officials...

The Vital Role of Women in Herat’s Saffron Production Amid Challenges

Written By: Tabasum Nasiry Due to its favourable climatic conditions, Herat province stands as the largest saffron producer in Afghanistan. Reports indicate that approximately 80%...

Afghanistan’s economy on the brink of collapse: USIP

The United States Institute of Peace (USIP) said in a report published on Friday that Afghanistan’s economy is on the verge of collapse. Many Afghan...

Trans-Afghan railway project estimated at $7 billion

According to reports, authorities from Pakistan, Uzbekistan, and the Taliban administration have announced that the estimated cost of constructing the "Afghan Transit" railway line...

Pakistan agrees to release Afghan traders’ assets from Karachi port

The Ministry of Industry and Commerce of Afghanistan has announced that Pakistani authorities have agreed to the immediate release of seized assets of Afghan...

Special women’s exhibition opens in Kabul amid women’s restrictions

Written By: Tabasum NasiryThe "Khadijah al-Kubra" inaugural national and international exhibition for women, designed to empower and build a trade network for entrepreneurial women,...

Herat aims to harvest 30 tons of Saffron this year

In Herat province, Afghanistan, the Department of Agriculture and Livestock has announced a significant expansion of saffron cultivation, covering more than 8,000 hectares of...

Discovery of 40 new Emerald Mines in Panjshir Province

The Department of Mines and Petroleum in the province of Panjshir has recently announced a significant discovery – the unearthing of 40 new emerald...

Flydubai resumes Kabul flights after two-year hiatus

The first Flydubai flight from the United Arab Emirates made its historic return to Kabul International Airport on Wednesday, ending a prolonged two-year suspension...

Joint Afghan-Pak Chamber Criticizes ongoing Afghan transit restrictions from Pakistan

The joint Afghanistan-Pakistan Chamber of Commerce has strongly criticised the ongoing restrictions on Afghan transit goods from Pakistan. According to the chamber, traders have reported...

Iron mining operations commence in Ghourian, Herat

The authorities of the de facto administration that iron mining has commenced in the Ghoryan District of Herat Province. The Ministry of Mines and Petroleum...

Baradar Urges Iran to Ease Afghan Access to Chabahar Port

During his official visit to Iran, Acting Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar called upon the Iranian authorities to ease...

Afghanistan’s absence at 16th ECO Summit in Tashkent

The 16h summit of the leaders of the member countries of the Economic Cooperation Organization (ECO) took place in Tashkent, Uzbekistan. However, Afghanistan's seat...

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