McDonald’s blames Israel’s war in Gaza for missing sales target
MONITORING (SW) – McDonald’s has cited Israel’s war in Gaza as a factor in the fast food giant missing its first quarterly sales target in nearly four years.
Category: ECONOMY
TVETD inks collaboration agreements worth 120 million Afghanis with 5 institutions
KABUL (SW) – The Technical Vocational Education and Training Department (TVETD) haa signed collaboration agreements worth 120 million Afghanis with five institutions on Sunday.
DAB to auction $17 million in open market
KABUL (SW) – The Da Afghanistan Bank/Afghanistan Central Bank has announced that in order to maintain and stabilize the value of the Afghani currency, it will auction 17 million US dollars on Monday, February 5.
Japan donates $13.5 million for needy in Afghanistan – WFP
KABUL (SW) – The United Nations World Food Program (WFP) has announced that Japan will donate 13.5 million dollars to support those in need in Afghanistan.
World Bank to offer countries access to emergency funds from existing loans
MONITORING (SW) – The World Bank on Thursday said it approved new initiatives to allow member countries hit by natural disasters and other shocks to quickly access emergency funds from their existing loan programs to help them respond to an increasingly crisis-prone world.
SIGAR highlights concerns over potential decline in humanitarian aid for Afghanistan
KABUL (SW) – The Special Inspector General for Afghanistan Reconstruction (SIGAR) has released a new report underlining the United Nations’ commitment to sending humanitarian aid to Afghanistan. However, the report expresses concerns about the possibility of a decline in international assistance for the country, particularly from the United States.
MoTCA inks multi-billion Afghani deals for 3 infrastructure projects
KABUL (SW) – The Ministry of Transport and Civil Aviation (MoTCA) has finalized significant agreements with the private sector in Kabul, marking a total investment exceeding 2 billion Afghanis.
MoMP secures $25.5 million contract for 60,000 tons of Amu Darya Oil
KABUL (SW) – The leadership of the Ministry of Mines and Petroleum (MoMP) of the de-facto government of Afghanistan has signed a contract for the sale of 60,000 tons of oil extracted from the Amu Darya oil zone.
DAB to auction $17 million in open market
KABUL (SW) – The Da Afghanistan Bank/Afghanistan Central Bank has announced that in order to maintain and stabilize the value of the Afghani currency, it will auction 17 million US dollars on Wednesday, January 31.
Solarization initiative is crucial step towards addressing Afghanistan’s energy challenges – UNDP
KABUL (SW) – The United Nations Development Program (UNDP) has said that Afghanistan’s electricity sector faces major challenges such as limited access to energy, especially in rural areas.
MEW urges international collaboration to tackle drought, advancing dam construction projects
KABUL (SW) – Officials from the Ministry of Energy and Water emphasize the crucial need for international cooperation and active involvement of organizations to combat drought in the next solar year and successfully execute major dam construction projects.
Da Afghanistan Bank to auction $16 million
KABUL (SW) – The Da Afghanistan Bank/Afghanistan Central Bank has announced that in order to maintain and stabilize the value of the Afghani currency, it will auction 16 million US dollars on Sunday, January 28.
