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Work on Kabul New City project ongoing: Minister

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The Minister of Urban Development and Housing says that work on Kabul New City project is underway, and with the implementation of this project, the housing needs of Kabul residents will be fulfilled.

Hamdullah Nemani, in an exclusive interview with Ariana News, said that the government is distributing land in Peroozi Township.

“During the Republic, the Kabul New City project was in words, but now it is in action. We are practically working there… There are two projects there, one of which is Peroozi Township, which is owned by the government. We have started work there. If someone approaches us, we will give him land there immediately,” Nemani said.

The minister also emphasized that the obstacles that prevented the implementation of projects in the past have been removed. Regarding the issue of Shirpur lands in Kabul, he explained that the former government has solved this problem.

“At that time, this problem was solved. The government set a price for the lands that were usurped. It had set a high price in the beginning, but reduced it later. Money has been collected from some people and from others it is collected in installments. Work is ongoing with the municipality. The remaining money will be paid and title deed will be collected,” Nemani said.

The minister also said that they have plans for the implementation of improvement and standardization projects in big cities, including Qatar Township in Khushal Khan and Nila Bagh.

He also said that the Chinese housing scheme Kabul will begin early next year.

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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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