Business
Afghanistan reopens major industrial manufacturing complex to boost domestic production
Baradar described the reactivation of the complex as a vital step toward revitalizing Afghanistan’s domestic production capacity and reducing reliance on foreign goods.
The Industrial Manufacturing Complex under the National Development Company in Kabul was officially reopened on Monday by Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs of the Islamic Emirate of Afghanistan.
During the inauguration ceremony, Baradar described the reactivation of the complex as a vital step toward revitalizing Afghanistan’s domestic production capacity and reducing reliance on foreign goods. He emphasized that the move would play a key role in the expansion of the country’s industrial base and the promotion of national economic self-sufficiency.
“This complex will not only create job opportunities for our people but will also offer competitively priced products in the local market,” said Baradar.
Officials from the National Development Company noted that the complex has resumed operations after nearly 60 years of inactivity. The facility is now producing 105 different types of products across several sectors, including agricultural machinery, small- and medium-scale industrial equipment, vehicle parts, metal components, electrical tools, and various fittings and parts for canal gates and hydraulic dams.
During the launch event, a selection of the complex’s newly produced goods was exhibited, showcasing the facility’s potential contribution to Afghanistan’s industrial future.
The government has prioritized the revitalization of local industries as part of its broader economic development strategy, aiming to stimulate employment and reduce dependency on imports.
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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