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Ariana Afghan Airlines faces financial crisis as COVID-19 looms

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(Last Updated On: April 13, 2020)

As per some pieces of evidence received by Ariana News, Ariana Afghan Airlines has fired 40% of its employees while decrementing the payrolls for the remaining employees up to 30%.

Some members of parliament criticize Ariana Afghan Airlines for firing its employees considering it an illegal act. They urge the government to financially support this service company and save jobs.

The COVID-19 has wilted the only governmental airline company in Afghanistan.

The CEO of Ariana Afghan Airlines said that just in the first three months of 2020, the company had suffered a loss of seven million USD due to limited flights and that now efforts were underway to make up for the loss.

Ariana News has received some shreds of evidence which show that the Ariana Afghan Airlines has decided to fire 40% of its employees as well as to decrement the salaries of the remaining employees up to 30%.

Alem Shah Ibrahimi, the CEO of Ariana Afghan Airlines, said, “We terminating our employees because we have walked into financial crisis, and we will pay others at least 30% of their salaries. We have to manage the crisis and not let the company go bankrupt.”

Some legal bodies believe that the financial crisis cannot justify firing employees, especially when COVID-19 has hit people financially.

The evidence shows that Ariana Afghan Airline suggests allocating six million dollars to establish Bakhtar Airlines, although the airline is suffering from the crisis.

Therefore, the authorities have come under criticism for not financially supporting the almost bankrupt Ariana Afghan Airlines, and instead, are trying to establish another airline company.

Although Ariana Afghan Airlines is going through its hard time, with having 40% of its workers sacked, it still conducts domestic flights transporting service workers – meaning, it could be making money.

Moreover, the airline is trying to help import important goods from other countries to Afghanistan.

The government is expected to financially support the service and private businesses to help overcome the crisis derived from the COVID-19 pandemic.

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Afghanistan and Turkmenistan firms sign over 10 contracts on construction, food materials

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(Last Updated On: May 7, 2024)

Afghanistan and Turkmenistan companies have signed more than 10 contracts and two memorandums of understanding on construction materials, including iron bars, paint, marble and food materials.

The contracts were signed during the trip of a Turkmen business delegation to Herat province and in the presence of Nooruddin Azizi, Acting Minister of Industry and Commerce.

“There is excellent opportunity for the expansion of trade and economic relations between Afghanistan and Turkmenistan, which both sides should take full advantage of,” Azizi said at the signing ceremony of these contracts, according to a statement released by the Ministry of Industry and Commerce on Tuesday.

The Ministry of Industry and Commerce pointed out that the contracts were inked as a follow-up to visit of the acting minister to Turkmenistan and meeting with its national leader Gurbanguly Berdi Mohammadov.

Earlier, the delegation from Turkmenistan’s private sector said that their goal is to expand economic relations between the private sectors of the two countries. They said they are hoping to buy hundreds of tons of construction materials from Afghan industrialists every year.

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Turkmenistan’s industrialists keen to buy Herat-made construction material

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(Last Updated On: May 7, 2024)

Union of Turkmen industrialists is interested in a contract with Herat industrialists in the field of construction materials. The economic delegation of Turkmenistan, which has been in Herat for the past three days, has visited various plants including marble and iron and also paint manufacturers.

The delegation, which is from Turkmenistan’s private sector, says that their goal is to expand economic relations between the private sectors of the two countries.

They said they are hoping to buy hundreds of tons of construction materials from Afghan industrialists every year.

Contracts for the sale of marble, paint and iron bars between the two countries are expected to be signed soon.

“During this trip that we were in Herat and the products that we saw in the factories and especially the works that were handicrafts in the field of marble and onyx, these are really amazing, naturally, in the world of industries handicraft is said to be one of the most expensive and popular products, so we were surprised by the products we saw here,” said a member of the delegation from Turkmenistan.

Herat Chamber of Industries and Mines says that there is now the capacity in Herat Industrial City to produce enough goods in various sectors to export abroad. At present, there are about 40 companies operating in the marble processing sector.

An agreement with the Turkmenistan union for construction materials could be a valuable step for Herat business owners.

Some factory owners also believe that the production of construction materials has improved in recent years, and that the capacities in the production and processing of marble and iron bars have also increased.

Herat Chamber of Industries and Mines says that currently more than 800 factories are active in the industrial town of this province.

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Afghanistan’s Turkey-bound goods via rail cross Tehran

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(Last Updated On: May 6, 2024)

Ten wagons of Afghanistan’s goods bound for Turkey have passed through Tehran and are now on the way to the Razi border in northwest Iran, local media reported on Monday.

IRNA news agency, citing the Ministry of Roads and Urban Development of Iran, said that Afghanistan Rail Development Consortium dispatched the consignment without going through legal procedures, including obtaining permits from border guards and customs, as well as without obtaining permission from the Iranian Railway Authority.

It said that Iran allowed the passage of the consignment considering its national interests and with goodwill.

Iranian officials announced that they will allow the next trade consignment from Afghanistan to transit through the country only after the necessary permits from relevant authorities have been obtained.

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