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World Bank donates $84 million to Afghanistan
The World Bank announced Tuesday it has approved $84 million in aid to Afghanistan in order to fight the economic crisis and implement livelihood projects in the country.
According to a statement, this “complements $70 million in additional financing from the Afghanistan Resilience Trust Fund (ARTF).”
The project was started in 2022 with a grant of $265 million from the ARTF to provide livelihoods support and services in rural and urban areas, support social grants for women and the most vulnerable, and strengthen community institutions for inclusive service delivery.
With this additional financing, the project will scale up activities in more rural and urban areas, provide more livelihood opportunities for women, expand activities focused on building climate resilience, and provide employment and services to returning Afghan migrants, the World Bank stated.
Melinda Good, World Bank Country Director for Afghanistan, said: “In the past 18 months, the project has laid the foundation for an effective service delivery platform and operational model at scale for delivering jobs, providing essential services and assets, and, importantly, reaching women.
“With the additional financing, the project will continue its essential works in all six regions of the country, 26 of the 34 provinces, 67 rural districts, 6,200 rural communities, and eight major cities,” she said.
To date, the project has provided short-term employment to over 776,000 households, benefiting around 5.4 million Afghans, and about 92,200 vulnerable households received cash transfers or in-kind social grants, with a significant portion being female-headed households or those with disabled members.
Approximately 7.4 million Afghans gained access to services like roads, sanitation, and water supply, and more than 2.1 million community members received training in health and nutrition, the effects of climate change and disaster risk management.
In addition, the project has helped create a market for local civil works and preserve local contractors’ capacities built over the last two decades.
An estimated 2,200 highly skilled market-driven jobs have also been created.
The project is implemented by UNOPS, which facilitates international and local NGO partners and local private sector contractors to implement activities in rural and urban areas.
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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.
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.
International Sports
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.
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.
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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