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Poverty and unemployment spike across Afghanistan

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Kabul residents said Sunday that food and fuel prices have increased sharply and that the levels of poverty and unemployment have increased dramatically across Afghanistan.

Members of the public said that economic pressure on the Islamic Emirate of Afghanistan (IEA), the increase in food and fuel prices and the lack of access to money has created serious problems.

The people called on the international community to accelerate delivery of humanitarian aid to Afghanistan.

“If aid comes, it is good, because people are upset and prices have increased,” said Zamari, a resident of Kabul.

The international community meanwhile stated that in addition to the economic pressure on the IEA, drought is another major challenge which is threatening millions of Afghans.

On the other hand, some people are cautiously optimistic about their future and say that one day Afghanistan will overcome all its problems.

“People’s problems have increased. But we should be patient. Allah is merciful,” said Mohammad Baqi, a Kabul resident.

“The problems will be solved InshAllah (God Willing). Prices will come down,” said Abdullah, another resident of Kabul.

IEA officials confirmed that economic pressure is a challenge but say this will be short-term and will be solved in the near future.

This comes amid sanctions and a freeze on all Afghanistan’s foreign reserves as well as a serious cash shortage in the country.

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Doha process private sector meeting highlights growth and coordination in Afghanistan

The session was divided into two segments, focusing on growth and inclusion in the first part, and coordination and transparency in the second.

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The 3rd session of the Doha Process Private Sector Working Group was held both in-person and online at Kabul’s Grand Hotel, hosted by the United Nations Assistance Mission in Afghanistan (UNAMA).

The meeting brought together representatives from the Islamic Emirate of Afghanistan, including the Ministries of Foreign Affairs, Finance, Industry and Commerce, Economy, Labor and Social Affairs, and the Central Bank, alongside UNAMA, UN agencies, international and regional organizations, as well as ambassadors, diplomats, and private sector experts.

The session was divided into two segments, focusing on growth and inclusion in the first part, and coordination and transparency in the second.

Afghanistan’s Islamic Emirate representatives shared achievements and progress since assuming governance, while participants acknowledged these efforts and highlighted their ongoing support for the private sector. All parties offered recommendations to address challenges and emphasized enhanced cooperation moving forward.

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IPL 2026: Franchise sales gather pace as global investors circle teams

Royal Challengers Bengaluru (RCB) has been put on the market by its current owner and is estimated to be worth up to $2 billion.

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Developments off the field are drawing growing attention ahead of the 2026 Indian Premier League season, with two franchises — Royal Challengers Bengaluru and Rajasthan Royals — formally up for sale and attracting interest from high-profile domestic and international investors.

Royal Challengers Bengaluru (RCB), one of the league’s most recognisable teams, has been put on the market by its current owner, Diageo’s United Spirits Ltd, following a strategic review. The sale process is expected to be completed by the end of March 2026. Market estimates suggest the franchise could be valued at around $2 billion, reflecting the soaring commercial value of the IPL.

Several bidders have been shortlisted for RCB, including investment groups led by Indian industrialists, private equity firms and overseas sports owners. Among those reported to have shown interest is a consortium linked to the Glazer family, co-owners of English Premier League club Manchester United. Non-binding bids have already been submitted, with binding offers expected in the coming weeks.

Rajasthan Royals (RR), winners of the inaugural IPL title in 2008, are also in the process of being sold. A shortlist of potential buyers has been finalised, featuring a mix of Indian and international investors, including private equity firms, entrepreneurs and media-linked groups. The franchise is expected to attract a valuation of more than $1 billion, according to market estimates.

Final bids for Rajasthan Royals are anticipated in early March, while the RCB transaction is expected to move into its final phase later this month. Any change in ownership will require approval from the Board of Control for Cricket in India (BCCI).

The potential sales mark one of the most significant ownership shake-ups in IPL history and underline the league’s growing appeal as a global sports investment as preparations continue for the 2026 season.

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FM Muttaqi meets Uzbek Central Asia Institute Chief, stresses stronger bilateral cooperation

During the meeting, the two sides discussed ways to further strengthen political and economic cooperation, as well as key regional issues.

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Afghanistan’s Minister of Foreign Affairs, Amir Khan Muttaqi, has met with a delegation led by Joulan Vakhabov, head of Uzbekistan’s International Institute of Central Asia and adviser to the country’s deputy president.

During the meeting, the two sides discussed ways to further strengthen political and economic cooperation, as well as key regional issues.

Muttaqi said Uzbekistan has adopted a positive and goodwill-based policy toward Afghanistan, expressing hope that bilateral relations and cooperation would continue to expand.

He also underscored the important role of research institutions in promoting mutual understanding, enhancing cooperation, and developing a realistic assessment of regional dynamics.

For his part, Vakhabov praised the progress and stability in Afghanistan and voiced optimism that trade between the two countries would increase further in the current year.

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