Contracts signed for seven new power projects
Officials at Afghanistan’s electricity company, Da Afghanistan Breshna Sherkat (DABS), have signed contracts for seven new power generation projects.
Category: Economics
Afghan women continue to play pivotal role in agriculture
Despite the current restrictions on women working in many sectors in Afghanistan, agriculture remains one of the fields where women continue to play a significant role.
Google to pay $340 million to settle Italian tax case
Milan prosecutors plan to drop a case brought against the European division of Google (GOOGL.O), opens new tab after the company agreed to pay 326 million euros ($340 million) to settle a tax claim, they said on Wednesday.
Farmers yet to receive the promised support for alternative crops
Across several provinces of Afghanistan, farmers who once relied on opium cultivation but have since abandoned the practice are voicing their concerns. Despite their efforts to shift away from illegal crops, many have yet to receive the promised support for alternative farming options from either the de-facto government or aid organizations.
Paktika’s manufacturing sector struggles to stay afloat without industrial park, steady power supply
Officials of some manufacturing factories in Paktika say they are facing significant challenges due to the absence of an industrial park and lack of access
Public works ministry plans 300 km of new roads
KABUL (SW) – Officials from the Ministry of Public Works under the Islamic Emirate have announced that, in the current solar year, the ministry has
Musk creates new power base in Washington with takeover of US agencies
Elon Musk’s rapid takeover of two U.S. government agencies has enabled the South African-born billionaire to exert unprecedented control over America’s 2.2-million-member federal workforce and begin a dramatic reshaping of government.
Afghanistan Central Bank auctions 25 million US dollars
The Afghanistan Central Bank/ Da Afghanistan Bank (DAB) has announced that in order to maintain and stabilize the value of the Afghani currency, it will auction 25 million US dollars on Wednesday, February 5.
Canada to pursue legal action against US for tariffs
Canada will take legal action under the relevant international bodies to challenge the 25% tariffs imposed by the United States on most Canadian goods, a senior government official said on Sunday, calling the tariffs illegal and unjustified.
Trump targets Feb. 18 for oil tariffs decision
U.S. President Donald Trump said on Friday he expects his administration to impose tariffs related to oil and gas around Feb. 18 and it could reduce the planned levy on some Canadian crude.
Afghani’s depreciation against dollar causes inflation, panic among customers
Residents of Kabul, capital of Afghanistan, express concerns over the rising prices of food items in the city’s markets. They attribute the increase in prices to the fluctuating exchange rate of the Afghani currency against the US dollar.
NPC approves contracts for 17 projects worth nearly AFN 3 billion
The Economic Deputy Office of the Islamic Emirate’s Prime Minister’s Office has announced that the National Procurement Commission has approved contracts for 17 projects valued at approximately 3 billion afghanis.
