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Business & Economics

Find the latest economic events and stories in Afghanistan

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NPC approves 562 projects worth 130.6b afs in 3 years:Fitrat

The Islamic Emirate of Afghanistan (IEA) says that over the past three years, the National Procurement Commission (NPC) has approved 562 projects worth approximately 130.6 billion Afghanis, achieving savings of around five billion Afghanis in project contracts.

IEA creates numerous facilities for investors: Hanafi

Deputy Prime Minister for Economic Affairs Mawlawi Abdul Salam Hanafi says the Islamic Emirate of Afghanistan (IEA) has provided opportunities for investment in various sectors, including exports, factories and mineral extraction for both domestic and foreign investors.

MoTCA inks GPS installation agreements with 6 firms

The Ministry of Transport and Civil Aviation (MoTCA) has signed agreements with six firms for the installation of Global Positioning System (GPS) tracking devices in passenger and cargo vehicles across the country.

Over 1,000 types of medicines produced in Herat factories

Following the Islamic Emirate’s decision to halt the import of medicines from Pakistan, the Chamber of Industries and Mines says more than 10 pharmaceutical factories in western Herat province now produce over 1,000 types of medicines, helping meet part of the country’s needs.

Flour, sugar prices down in Kabul

The prices of Kazakh flour and Indian sugar decreased while the rates of rice and gold increased during the outgoing week in Kabul, market sources said on Saturday.

 Azizi invites ECO to hold next summit in Kabul

Afghanistan’s Minister of Commerce and Industry, Nooruddin Azizi, said at the Economic Cooperation Organization (ECO) ministers’ meeting that Afghanistan is ready to host the next summit in Kabul.

Iran seeks to expand trade, imports from Afghanistan

The governor of Iran’s Razavi Khorasan province, leading a trade delegation, says Tehran’s plan to expand imports from Afghanistan and strengthen commercial ties with Herat to meet regional market demands.

Trade minister Azizi leaves for Turkey

The Minister of Industry and Commerce, leading a high-level delegation, has departed for Turkey to participate in the ministerial meeting of the Economic Cooperation Organization (ECO).

WB begins paying arrears to Afghan contracting firms

The World Bank’s office in Afghanistan has reopened and resumed its activities, including the settlement of outstanding dues owed to contracting firms in the country, the Ministry of Finance (MoF) announced on Saturday.

Food, gold prices surge in Kabul

The prices of rice, sugar, cooking oil and gold increased during the outgoing week in Kabul, market sources said on Saturday.

Low-quality isogam returned to Iran

The Afghanistan National Standards and Quality Authority says a 24-ton shipment of low-quality isogam imported from Iran has been returned via the Nimroz border crossing.

Permit issued for women’s market in Nimroz after Pajhwok report

The Director of Women’s Chamber of Commerce and Industries in Nimroz says the municipality of Zaranj, capital of the northwestern province, has issued an official permit to set up a women-only market, calling it a major achievement for businesswomen.

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