New garment factory established in Balkh

Monday, 26 December 2016 04:06 Written by

A new garment factory has been established in northern Balkh province where 150 individuals have been employed and produced thousands meters of cloth on daily bases.

Monitor of fuel prices to be legalized: Tamim

Sunday, 25 December 2016 04:17 Written by

 Officials at Petroleum and Gas Enterprise in Kabul have insisted on codifying of the law to supervise and monitor the fuel-gas businesses all over Afghanistan, efforts are underway to convert the policy into a law through legal and proper channels.

Afghanistan has received a total of $83.5 million in incentive funds from the World Bank for successfully implementing reforms in key sectors.

The Ministry of Finance (MoF) said “The World Bank donated $ 83.5 million to ministry of finance based on commitments it made to bring reforms in 5 key sections.”

Saffron cultivation hits record high in Afghanistan

Tuesday, 20 December 2016 03:46 Written by

The Ministry of Agriculture, Irrigation and Livestock on Monday announced there has been a dramatic increase in saffron cultivation and production this year

The minister, Asadullah Zamir, said at a press conference that Saffron cultivated areas have been increased by 250 percent – now totaling 2,811 hectares of land.

Prime Minister Narendra Modi on Saturday stressed on the need to develop the existing port and transport infrastructure and connectivity through road and rail network to Afghanistan, Tajikistan and Central Asia.

SAARC to build industrial park in Afghanistan

Sunday, 18 December 2016 04:16 Written by

The country members of the South Asian Association for Regional Cooperation (SAARC) have demanded lands from the Government of Afghanistan to build industrial park, amid officials in chamber of commerce and industry welcomed the intention saying it will boost the economy of the country.

Kandahar dried fruit, herbal exports up by 41percent

Wednesday, 14 December 2016 04:08 Written by

Officials of the Afghanistan Chamber of Commerce and Industry (ACCI) on Tuesday claimed an increase in the export of dried fruit from southern Kandahar province.

China committed to Mes Aynak project: Ambassador

Tuesday, 13 December 2016 03:51 Written by

China has urged security for Mes Aynak, a major copper mining project in Afghanistan which has been stalled for years.

Yao Jing, the Chinese ambassador in Kabul, told 1TV this week that insecurity was one of major problems beside existence of antiquities in the area, which is in central Logar province.

Afghan transporters warn of strike over extortion

Monday, 12 December 2016 04:04 Written by

Afghan Transporters Union on Saturday warned that it could halt services in the country on Monday if extortion on roads is not stopped.

IDB to offer $500m loan for TAPI project

Wednesday, 07 December 2016 07:59 Written by

Saudi Arabia-based Islamic Development Bank had agreed to provide USD 500 million loan to part-finance the USD 15 billion Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline project.