Monday 23 May, 2022
Edition: ENG
The Khaama Press News Agency
Category Archives: Business

In less than three months, food prices in Afghanistan have soared more than double. A sack of flour is now priced at 2,800 to 3,000 Afghanis, while previously, it was sold at 1,400 Afghanis, according to a number of Kabul locals. According...

Executives of construction and logistical firms have demanded that the Taliban pay for the projects. Many of these construction projects were contracted and built by the previous administration, while others were discontinued once the...

Kabul and Uzbekistan officials held a virtual meeting Thursday, discussing the “finalization of the railway plan” between the two countries, Thursday, May 12, 2022. (PHOTO: MoFA spokesman) Kabul, Afghanistan – Kabul and Uzbekistan...

NEW DELHI, India – India and Uzbekistan bid to leverage Chabahar port for regional trade and transit, according to sources, agreeing to exploit the full potential of the oceanic facilities. The decision was made during the 15th round...

ISLAMABAD: In April, inflation reached 13.4%, the highest level since January 2020, placing the new government in a difficult position at a time when it had already agreed with the International Monetary Fund to hike fuel prices in order...

By Saqalain Eqbal on May 5th, 2022

The European Union (EU) is proposing to add five pacts to strengthen the scheme’s social, labor, environmental, and climatic components, as the current framework expires at the end of 2023, in order to tighten sanctions on Pakistan’s...

Elon Musk sold roughly $8.4 billion worth of Tesla shares in the days following his bid to take Twitter private. The Tesla and SpaceX CEO offloaded about 4.4 million shares of his electric vehicle company in trades on Tuesday and Wednesday....

By Mehr Ali Altaf on Apr 30th, 2022

Tesla CEO Elon Musk has shared a bizarre wish of buying Coca-Cola and he has one big plan for the company if he achieves this goal. The tech billionaire wrote on Twitter: “Next I’m buying Coca-Cola to put...

Twitter said Monday it has agreed to sell itself to Elon Musk in a roughly $44 billion deal that has the potential to expand the billionaire’s business empire and put the world’s richest man in charge of one of the world’s...

By Mehr Ali Altaf on Apr 26th, 2022

Tesla reported that it earned a $3.3 billion profit in the first quarter of 2022. Tesla turned that profit on just over $18.7 billion in revenue, the company announced. That represents an 81 percent increase year over year, compared...

Elon Musk’s bid to acquire Twitter might have an undesirable side-effect for the billionaire: adding yet another large company to his jam-packed schedule. The Tesla and SpaceX CEO has offered to buy every Twitter share he doesn’t...

By Mehr Ali Altaf on Apr 20th, 2022

The market of used car prices dropped 3.8 percent on average in March. BLS has estimated a decline nationally in used car prices, which remained 35 percent above the average of March 2021. In the past year, used vehicle prices on average...

By Mehr Ali Altaf on Apr 17th, 2022

Elon Musk defended his offer to purchase Twitter on Thursday, saying during an on-stage interview at the TED conference that he sees the acquisition as nothing less than a turning point for civilization. Musk said the proposed deal...

By Mehr Ali Altaf on Apr 17th, 2022

Elon Musk has offered to buy Twitter (TWTR.N) for about $41 billion in cash, saying the social media company he has often criticized needs to go private to see effective changes. The billionaire rejected an offer to join Twitter’s...

By Mehr Ali Altaf on Apr 16th, 2022

Elon Musk took over Jeff Bezos as the richest man in the world by a whopping $100 billion.  According to Forbes’ latest rich list, the Tesla CEO hit a net worth of $282 billion, placing him in top spot – for the time being,...

By Mehr Ali Altaf on Apr 10th, 2022