Business
Ariana Afghan Airlines faces financial crisis as COVID-19 looms
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.
Business
Afghanistan and Uzbekistan agree on export of 100,000 tons of Bamyan potatoes
Cooperation between the Afghanistan Chamber of Commerce and Investment and the Uzbekistan Chamber of Commerce has paved the way for exporting potatoes from Bamyan province to the Uzbek market.
In this regard, Sayed Karim Hashemi, President of the Afghanistan Chamber of Commerce and Investment, and Doran Vahabov, President of the Uzbekistan Chamber of Commerce, have agreed on the export of 100,000 tons of Bamyan potatoes to Uzbekistan. Work is underway to finalize the export agreement.
Meanwhile, the first shipment of potatoes, consisting of eight trucks, has departed for the Uzbek city of Termez through the Hairatan Port.
The chambers of commerce of both countries, in cooperation with local authorities in Bamyan, have facilitated connections between traders and farmers and coordinated the purchasing, marketing, and transportation of the produce. This initiative is expected to expand market opportunities for Bamyan farmers and strengthen trade between Afghanistan and Uzbekistan.
Business
Afghan deputy commerce minister travels to India for trade fair in Delhi
Afghanistan’s Deputy Minister of Industry and Commerce, Ahmadullah Zahid, has travelled to India to attend the India International Trade Fair (IITF) 2026 in New Delhi.
The ministry said Zahid is scheduled to meet senior Indian government officials, trade representatives and investors during the visit.
Discussions are expected to focus on expanding bilateral trade and economic relations, increasing trade between the two countries, exploring new markets for Afghan products and identifying opportunities for joint investment.
The ministry said the visit aims to strengthen trade cooperation, promote Afghanistan’s production and export potential, and create new opportunities for economic engagement between Kabul and New Delhi.
The 45th India International Trade Fair (IITF) 2026 takes place from November 13 to November 27 in New Delhi.
Business
Afghanistan hosts dialogue on Islamic microfinance to expand access to Sharia-compliant financial services
Participants also explored practical solutions and future steps to strengthen the sector, emphasizing the importance of cooperation, knowledge-sharing and better coordination among relevant institutions.
A dialogue on Islamic microfinance was held in Kabul on Wednesday, bringing together representatives of financial institutions, government authorities, international partners and Afghanistan’s microfinance sector to discuss ways of expanding inclusive financial services in the country.
The event was organized by The Liaison Office in coordination with the Afghanistan Microfinance Association (AMA), Da Afghanistan Bank (DAB) and the Indonesian Embassy in Kabul.
Participants discussed opportunities and challenges facing the development of Islamic microfinance services, with a focus on expanding access to financial products that comply with Islamic Sharia principles.
Representatives of AMA, Da Afghanistan Bank and the Indonesian Ambassador to Afghanistan delivered keynote remarks, highlighting the current situation of the microfinance sector, international experiences and opportunities for developing diverse Islamic financial products.
Two panel discussions focused on major challenges facing microfinance institutions, including structural barriers to growth, limited access to capital, funding and liquidity constraints, difficulties in securing guarantees, and the long-term sustainability of Islamic microfinance services.
Participants also explored practical solutions and future steps to strengthen the sector, emphasizing the importance of cooperation, knowledge-sharing and better coordination among relevant institutions.
The dialogue concluded with calls for stronger collaboration among financial institutions and development partners to improve access to inclusive, sustainable and Sharia-compliant financial services across Afghanistan.
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