Business
Ariana Afghan Airlines plans to buy four more planes
Ariana Afghan Airlines says its revenue has increased in the past few months and that it is now looking to buy four more planes.
The company’s officials said that procurement of one new plane is almost complete.
“It was agreed that we would provide them with a bank guarantee and they would bring the aircraft to Sharjah,” Rahmatullah Agha, head of Ariana Afghan Airlines, said about the new 110-seat passenger plane on order.
He said that the bid to purchase three more planes – two for passengers and one for cargo – would be announced within a week.
According to him, all four planes would cost around $40 million.
The country’s economic experts also consider the growth of Ariana Afghan Airlines to be important in the development of Afghanistan’s national economy.
“We could benefit both economically and politically if we expand our relations with the world. Moreover, it is also crucial in terms of exports for a landlocked country like Afghanistan,” said Sayed-ur-Rahman Imran, an economic analyst.
Currently, due to the lack of technical management of airports in the country, flights are still limited.
According to experts, international flights will however increase once the Islamic Emirate of Afghanistan (IEA) finalizes agreements for foreign countries to help run the technical side of the air traffic control.
Business
Afghanistan, Kyrgyzstan establish trade council to boost economic cooperation
The two sides signed a memorandum of understanding to establish the Afghanistan-Kyrgyzstan Trade Council.
The Embassy of the Islamic Emirate of Afghanistan in Kyrgyzstan says the Afghanistan-Kyrgyzstan Business Forum has been held with the participation of officials from both countries.
According to a statement issued by the embassy, Acting Ambassador Abdul Shakoor Haqqani said Afghanistan supports strengthening bilateral trade relations and promoting joint economic initiatives between the two countries.
The statement added that the two sides signed a memorandum of understanding to establish the Afghanistan-Kyrgyzstan Trade Council. The council aims to strengthen ties between business communities, coordinate joint initiatives, and expand and support economic projects.
Meanwhile, Sayed Karim Hashemi, Chairman of the Afghanistan Chamber of Commerce and Investment, arrived in Kyrgyzstan on Saturday at the head of a trade delegation to participate in the forum.
Business
Afghanistan invites Turkish investors to expand joint investments
Participants stressed the importance of increasing private sector cooperation and creating new opportunities to boost trade and investment between Afghanistan and Türkiye.
A high-level Afghan business delegation, led by the Chairman of the Balkh Chamber of Commerce and Investment, Mohammad Ibrahim Ghazanfar, participated in the Afghanistan–Türkiye Joint Business Council meeting in Istanbul, calling for expanded joint investment and stronger economic cooperation between the two countries.
According to a statement from the Balkh Chamber of Commerce and Investment, Ghazanfar invited Turkish investors and industrialists to explore investment opportunities across various sectors in Afghanistan, emphasizing the country’s potential for mutually beneficial partnerships.
The meeting brought together business leaders, investors, and private sector representatives from both Afghanistan and Türkiye to discuss ways to strengthen bilateral trade and economic ties.
During the event, several cooperation agreements were signed between Afghan and Turkish economic institutions. The agreements are aimed at expanding commercial relations, promoting joint investment projects, and enhancing economic cooperation between the two countries.
The meeting was chaired by Süleyman Güllü, Chairman of the Türkiye–Afghanistan Joint Business Council, and was attended by Mohammad Akbar Azimi, the Islamic Emirate of Afghanistan’s Consul General in Istanbul, along with a number of businessmen and investors from both countries.
Participants stressed the importance of increasing private sector cooperation and creating new opportunities to boost trade and investment between Afghanistan and Türkiye.
Business
Afghanistan chamber, India’s ASSOCHAM sign MoU to enhance trade and investment cooperation
The Afghanistan Chamber of Commerce and Investment (ACCI) and the Associated Chambers of Commerce and Industry of India (ASSOCHAM) have signed a memorandum of understanding (MoU) aimed at strengthening bilateral trade, investment, and business cooperation between India and Afghanistan.
The agreement was signed in New Delhi by Saurabh Sanyal, Secretary General of ASSOCHAM, and Sayed Mohammad Karim Hashemi, Chairman of ACCI, during a meeting between business leaders from the two countries, ASSOCHAM said in a statement.
The Afghan delegation, led by Hashemi, held discussions with Nirmal Kumar Minda, President of ASSOCHAM, and other officials on ways to expand bilateral trade, investment flows, and private-sector cooperation.
According to ASSOCHAM, the MoU seeks to strengthen institutional collaboration, promote business-to-business linkages, and facilitate greater trade and investment opportunities between India and Afghanistan.
The organization said it remains committed to fostering stronger economic ties and creating new avenues of cooperation between the business communities of both countries.
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Business4 days agoAfghanistan chamber, India’s ASSOCHAM sign MoU to enhance trade and investment cooperation
