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AWCC continues to drive progress, opens new service center in Baghlan

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Afghan Wireless Communications Company (AWCC) inaugurated a new sales and service center in Pul-e Khumri city, in Baghlan, this week amid a growing network and customer base in the province.

According to AWCC officials, this new center is equipped with all the necessary facilities for customers in the city.

Currently, AWCC has 61 telecommunication antennas in the province, which provides 4G internet services to more than 20 service sites.

“There is no need for customers to go elsewhere; all their work is done here; their photos, their ID cards, their registrations; no need for our customers to [leave the province] do these things,” said Khair Mohammad Saljuqi, head of AWCC in the northeast of the country.

“We still have the most sales representatives in Pul-e Khumri city compared to other provinces,” he added.

Residents of Baghlan meanwhile welcomed the provision of better internet and telecommunication services by the company and asked for services to be expanded to remote areas of the province.

“Afghan Wireless Company operates rapidly not only in Baghlan province but also in 34 provinces of our country. We are completely satisfied with Afghan Wireless Company,” said one Baghlan resident.

In addition, officials of Baghlan’s department of telecommunication and technology said AWCC covers a large area of the province. They said however they hope all remote areas in the province will soon be connected.

“Efforts should be made so that places that do not have 3G and 4G internet can benefit from these services,” said Abdul Hanan Fayaz, head of the provincial department.

AWCC has meanwhile erected three new telecommunication antennas in Baghlan this year and converted several 3G sites to 4G, officials said.

As Afghanistan’s first wireless communications company, which was started in 2002, AWCC has for over 20 years driven the rapid, and continued growth of the country’s telecommunications market through its deployment of world-class HD voice communications, internet, data and mobile payment services.

As one of the largest private companies in the country, AWCC is also one of the largest private employers. The company has a direct workforce of over 6,000 people and it is responsible for more than 100,000 indirect jobs across Afghanistan.

The company is also the largest communications network company in the country and continues to expand its services across the nation, hoping to reach even the most remote village within the near future.

In addition, AWCC has in place strategic partnerships with over 400 wireless carriers in 125 countries, ensuring that Afghanistan remains connected.

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IEA signs $6.2 million marble mining contract for Kandahar

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Afghanistan’s Ministry of Mines and Petroleum says it has signed a contract worth $6.2 million with a Turkish company for the extraction of marble from a mine in Kandahar’s Dara-e-Noor area.

At a ceremony on Tuesday in Kabul, acting Minister of Mines and Petroleum Hidayatullah Badri said the extraction of this mine is expected to create new job opportunities for the country’s citizens.

Badri stated that since the Islamic Emirate’s takeover, several contracts have been signed for marble extraction.

“The contracted company is investing $6.2 million in the exploration, extraction, and processing of this mine,” Badri added.

Meanwhile, a senior official from the mining company stated that this contract will benefit both countries.

He said the company hopes to supply the international market with the marble. He said this will not only create jobs but also contribute to the growth of Afghanistan’s export market.

Mr Emioglu, the deputy head of the Turkish contracting company, said: “Our company started working on extracting this mine eight months ago. We aim to introduce Afghan marble internationally after production and processing so that both countries can benefit.”

Economists welcomed the development and stated that with the signing of mining contracts, the country’s economic situation will improve, and investments in this sector will increase.

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Pakistan’s exports to Afghanistan rise by 92% to $504 million

Afghanistan’s exports to Pakistan from July to December 2024 totaled $9.9 million against $4.425 million for the same period in 2023

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Pakistan recorded a substantial increase of 92% in it’s export of goods and services to Afghanistan during the first six months of Islamabad’s current fiscal year as compared to the exports of the corresponding period of last year.

According to the State Bank of Pakistan (SBP), the overall exports to Afghanistan were recorded at $504.308 million during July-December (2024-25) against exports of $262.583 million during July-December (2023-24), SBP stated. 

Overall Pakistan’s exports to other countries witnessed an increase of 7 percent in the first six months, from $15.146 billion to $16.229 billion, the SBP stated.

 On the other hand, Afghanistan’s exports to Pakistan in the same period totaled $9.9 million against $4.425 million in 2023.

On a year-on-year basis, imports from Afghanistan witnessed an increase of 18 percent from $1.238 million in December 2023, against the imports of $1.466 million in December 2024. 

On a month-on-month basis, the imports from Afghanistan into the country also witnessed an increase of 8.27 percent during December 2024, as compared to the imports of $1.354 million during November 2024.

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Gold holds near record peak as trade jitters buoy safe-haven demand

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Gold prices eased on Thursday as the dollar regained some ground, although concerns over the U.S.-China trade war kept the safe-haven bullion close to a record high level hit in the previous session.

Spot gold was 0.4% lower at $2,854.39 per ounce by 0802 GMT, after hitting an all-time peak of $2,882.16 in the previous session, Reuters reported.

U.S. gold futures shed 0.6% to $2,875.

The dollar index , which measures the greenback against six major rivals, was up 0.2%.

“Investors are trying not to miss this rally as they place their position because they are happy with the returns. That’s the reason why it’s (gold) hitting successive highs,” said Soni Kumari, a commodity strategist at ANZ.

“Bullion could hit the $3,000 level soon … However, what could make the market consolidate will be some clarity on trade ties or easing trade tensions.”

On Wednesday, China filed a World Trade Organization complaint against U.S. President Donald Trump’s new 10% tariff on Chinese imports.

A trade war between the world’s two largest economies could weigh on global growth and drive up inflation, benefiting the bullion further as it is considered a safe investment during economic and geopolitical turmoil.

“The gold bull market looks set to continue under Trump 2.0 with trade wars and geopolitical tensions reinforcing the reserve diversification/de-dollarization trend and supporting EM official sector gold demand,” Citi said in a note.

“Global growth concerns are also set to raise ETF and over-the-counter investment demand.”

U.S. Federal Reserve officials also pointed to the large policy uncertainty around tariffs and issues arising from the early days of Trump’s administration as among the top challenges in figuring out where to take the monetary policy in the months ahead.

Market focus is now on U.S. weekly jobless claims data, due at 1330 GMT, and the non-farm payrolls report on Friday, which could offer insights into the economy’s overall strength.

Spot silver dropped 1.3% to $31.91 per ounce, and palladium fell 0.4% to $985.48. Platinum gained 0.2% to $981.74.

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