Business
IEA signs agreement with UAE to manage Afghanistan’s airports
A contract for the regulation and management of the country’s four airports was signed with the United Arab Emirates (UAE) on Tuesday, the Afghan Civil Aviation Authority (ACAA) said.
The agreement was signed between Hamidullah Akhundzada, acting head of the Ministry of Transport and Aviation, and Razzaq Aslam, CEO of GAAC, a UAE based consortium with specialist expertise in airport management.
Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, Mullah Khairullah Khairkhowa, Acting Minister of Information and Culture, and other government officials attended the signing event.
The agreement comes as Turkey and Qatar have been negotiating with Islamic Emirate officials for months to manage Afghanistan’s international airfields, however, the negotiations stalled when the IEA opposed requests for foreign forces to secure the airports.
The airports involved are Kabul, Herat and Kandahar.
The company will be responsible for unloading and loading of planes after landing and before takeoff.
At the signing ceremony, the First Deputy Prime Minister called on international investors to invest in Afghanistan, and said the Islamic Emirate is committed to providing them with the necessary investment opportunities.
At the signing ceremony of the contract, the First Deputy PM Mullah Abdul Ghani Baradar said that the IEA is working hard to strengthen the country’s economy.
“With this contract, all international airlines will start their flights to Afghanistan in a safe and reliable environment, and it will help us to increase trading and business with other countries,” Baradar said.
Ministry of Transport officials say the company will provide ground-based services in line with international standards, leading to an increase in international flights.
However, the Deputy Prime Minister says that flights into and out of Kabul will soon increase and Afghanistan’s revenue will increase through air corridors.
Business
‘Made in Afghanistan’ expo opens in Tashkent
The Afghanistan Chamber of Commerce and Investment has announced that a major exhibition of Afghan products titled “Made in Afghanistan” is opening today (Wednesday) in Uzbekistan’s capital Tashkent.
According to the chamber, the expo—supported financially by the United Nations Development Programme—will run until Friday and aims to showcase Afghanistan’s production and export potential.
More than 60 booths have been set up by Afghan traders, featuring a wide range of products including carpets, dried and fresh fruits, saffron, pine nuts, cotton, precious and semi-precious stones, as well as beverages.
Officials from the chamber expressed hope that the expo will help expand trade relations between Afghanistan and countries in the region, particularly Uzbekistan.
Business
Afghani strengthens nearly 10% against US dollar amid banking sector reforms
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems.
Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar.
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
As part of efforts to better manage liquidity, authorities also collected and destroyed worn-out banknotes in circulation. At the same time, officials reported growth in electronic banking, with digital payment usage rising in recent months.
Central bank spokesperson Haseebullah Noori said initiatives are underway to broaden access to banking services nationwide, including the wider rollout of Islamic banking options.
Analysts welcomed the stabilisation efforts but stressed the need to address ongoing challenges facing domestic banks, including the impact of international financial sanctions on Afghanistan.
They added that expanding Islamic banking could help draw more savings into the formal financial system, noting that a significant share of personal wealth remains outside banks. Bringing those funds into the sector, they said, could inject billions of Afghanis into the economy and further support financial stability.
Business
Uzbekistan delivers over 290 tons of aid to Afghanistan
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
Uzbekistan has delivered more than 290 tons of humanitarian aid to Afghanistan, according to the country’s Ministry of Foreign Affairs.
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
The shipment includes essential food supplies such as flour, rice, wheat, vegetable oil, instant meals, pasta, and confectionery. An official handover ceremony was held in the border town of Hairatan.
Local officials, including Balkh province representatives and authorities from Hairatan, expressed appreciation for the continued support, acknowledging Uzbekistan’s efforts to assist the Afghan people.
Among those present at the ceremony were Uzbekistan’s Ambassador to Afghanistan, Oybek Usmanov, and Surkhandarya regional governor Ulugbek Kosimov.
The aid delivery underscores Uzbekistan’s ongoing humanitarian engagement and its broader efforts to promote regional cooperation and stability.
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