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Unemployment rate rising in Herat

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Despite hundreds of small and large factories operating in Herat, unemployment rate is rising in the western Afghan province.

Many laborers wait for work from morning till evening in every corner of the city, with some saying that they cannot find work even in a week.

Life has become difficult for the laborers during the cold winter. They cannot meet their basic living expenses.

Sayed Mahdi was deported from Iran a month ago. He is now looking for work every day. His family is in Iran and he himself spends difficult nights and days in Herat. Like Sayed Mahdi, dozens of other young people wait to find work every day.

“I came to live in my country. But what hope do I have to live with? Should I go and sleep in a mosque? In this cold season, there is no work,” he said.

Mohammad Ali, a laborer, says: “I was deported and I have no proper place to live in. My family is there. My four children are there. They deported me. There are people here whose conditions are much worse than mine.”

Some laborers say that unemployment has increased compared to last year and now they are going through a difficult situation in this cold weather. They say that they cannot afford to pay for their basic living expenses and this situation is bothering them.

“I have not been able to work for two or three weeks. There is unemployment. There are two or three thousand workers here, but there is no work,” says Ahmad Shah, a laborer.

Ghulam Rasool, another laborer, says: “When we go home empty-handed, our child gets upset. But we have no choice. My child has expectations. My wife has expectations.”

Aziz Ahmad waits for work with his tools in another corner of Herat city. He says that job opportunities have decreased greatly, cost of living is high, and there is no work to meet his basic living expenses.

He says: “I stand here from morning to evening, but there’s no work.”

Local officials have repeatedly said that thousands of people work in the Herat Industrial Park and that efforts are being made to reduce unemployment by launching mining projects.

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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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