Afghan economy
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Afghanistan
Taliban Scraps AFN 500,000 Guarantee for Business Licences
DID Press: Taliban’s supreme leader has ordered the abolition of the AFN 500,000 guarantee previously required for issuing business licenses in Afghanistan and directed that previously paid guarantees be refunded to their owners. Hibatullah Akhundzada, the Taliban’s leader, issued the…
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Afghanistan
WFP: Afghan Unskilled Workers’ Purchasing Power Falls 25% in One Year
DID Press: The purchasing power of unskilled workers in Afghanistan fell by 25 percent in the first week of October compared with the same period last year, as declining employment opportunities, lower wages and rising food prices continued to put…
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Afghanistan
Kandahar Industrialists Warn of Factory Relocations Over Power Shortages
DID Press: Industrialists in Afghanistan’s southern Kandahar province have warned that they may relocate their factories to other provinces if persistent electricity shortages are not addressed. Factory owners say the power shortage has disrupted industrial operations and increased production costs,…
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Afghanistan
Herat Set to Become a Hub for Economic Cooperation with Kazakhstan
DID Press: Kazakhstan is seeking to expand trade and economic cooperation between its western regions and western Afghanistan through a new initiative called “West2West.” A Kazakh government and business delegation led by Yerkin Tukumov, the country’s special representative of the…
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Afghanistan
$1.5M Cold Storage Facility for Fruit, Meat Opens in Herat
DID Press: A large cold-storage and preservation facility for fruit and meat, built at a cost of $1.5 million, has been inaugurated in Guzara district of Herat province, western Afghanistan. Jamshid Kamal, head of the Kamal Herat Cold Storage facility,…
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Afghanistan
Iranian Investors Express Readiness to Invest in Herat’s Industrial and Economic Sectors
DID Press: A group of Iranian businesspeople and investors has expressed readiness to explore investment opportunities in Herat’s industrial, agricultural and infrastructure sectors during a meeting with Noor Ahmad Islamjar, the Taliban-appointed governor of Herat. The Iranian business delegation discussed…
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Uncategorized
Afghanistan-Uzbekistan Trade Reaches $1.2 Billion in Seven Months
DID Press: Trade between Afghanistan and Uzbekistan reached $1.2 billion in the first seven months of the current year, according to Uzbekistan’s Statistics Committee. Afghanistan is now Uzbekistan’s fifth-largest trading partner, after China, Russia, Kazakhstan and Turkey.The reported figure is…
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