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IEA Supreme Leader chairs 2nd Special Meeting of Economic Commission
The 2nd Special Meeting of the Economic Commission for the year 1446 Hijri was held under the leadership of Mawlawi Haibatullah Akhundzada, the Supreme Leader of the Islamic Emirate of Afghanistan (IEA), on the 28th, 29th, and 30th of Shawwal al-Mukarram (April 26 to 28), the Deputy Prime Minister’s Office for Economic Affairs said in a statement on Wednesday.
At the meeting, a decision was made to allow the export of Afghan livestock for six months each year, under a regulated mechanism.
In addition, the General Directorate of Administrative Affairs was assigned the responsibility of formulating a comprehensive process, in coordination with relevant ministries, to expedite the processing of investors’ and traders’ affairs within government institutions and to resolve existing challenges across all sectors.
This procedure is to be submitted first to the Economic Commission for endorsement, and then to the office of the IEA’s supreme leader for final approval.
This second meeting follows reports on the decisions made during the first meeting of the Economic Commission, which was held under the leadership of the supreme leader on the 3rd of Jumada al-Awwal 1446 (November 29, 2024).
At the first meeting, a committee chaired by the General Directorate of Administrative Affairs was assigned the task of formulating a procedure for facilitating the sale and distribution of state-owned plots and the leasing of buildings in accordance with urban planning principles.
This committee presented the draft procedure for review during this second meeting, and after incorporating certain amendments, the procedure will be sent to the office of Haibatullah Akhundzada for final approval.
According to this procedure, citizens can complete the land registration process of private land within 15 days, and have the land map approved and initiate construction work within one month.
At the first meeting, the Ministry of Agriculture was tasked with transferring land to the Ministry of Industry and Commerce in all provinces for the establishment of industrial parks.
Meanwhile, during the second meeting, both ministries reported on the implementation of this decision, confirming that the transfer of 80,000 hectares of land had been completed in most provinces, while in some provinces the process is nearing completion.
This initiative is expected to resolve the issue of land shortage for industrialists across all provinces.
Additionally, a committee led by the Ministry of Public Health was assigned to develop a procedure to prevent the smuggling of human, animal, and agricultural medicines, health products, and food items.
The committee prepared and presented the procedure for evaluation during the second meeting. After integrating a series of amendments, the procedure will be submitted to the office of the IEA leader for approval.
Also during the second special meeting of the Economic Commission, reports on the implementation of the decisions made in the first meeting were presented by the relevant ministries and institutions.
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Doha process private sector meeting highlights growth and coordination in Afghanistan
The session was divided into two segments, focusing on growth and inclusion in the first part, and coordination and transparency in the second.
The 3rd session of the Doha Process Private Sector Working Group was held both in-person and online at Kabul’s Grand Hotel, hosted by the United Nations Assistance Mission in Afghanistan (UNAMA).
The meeting brought together representatives from the Islamic Emirate of Afghanistan, including the Ministries of Foreign Affairs, Finance, Industry and Commerce, Economy, Labor and Social Affairs, and the Central Bank, alongside UNAMA, UN agencies, international and regional organizations, as well as ambassadors, diplomats, and private sector experts.
The session was divided into two segments, focusing on growth and inclusion in the first part, and coordination and transparency in the second.
Afghanistan’s Islamic Emirate representatives shared achievements and progress since assuming governance, while participants acknowledged these efforts and highlighted their ongoing support for the private sector. All parties offered recommendations to address challenges and emphasized enhanced cooperation moving forward.
International Sports
IPL 2026: Franchise sales gather pace as global investors circle teams
Royal Challengers Bengaluru (RCB) has been put on the market by its current owner and is estimated to be worth up to $2 billion.
Developments off the field are drawing growing attention ahead of the 2026 Indian Premier League season, with two franchises — Royal Challengers Bengaluru and Rajasthan Royals — formally up for sale and attracting interest from high-profile domestic and international investors.
Royal Challengers Bengaluru (RCB), one of the league’s most recognisable teams, has been put on the market by its current owner, Diageo’s United Spirits Ltd, following a strategic review. The sale process is expected to be completed by the end of March 2026. Market estimates suggest the franchise could be valued at around $2 billion, reflecting the soaring commercial value of the IPL.
Several bidders have been shortlisted for RCB, including investment groups led by Indian industrialists, private equity firms and overseas sports owners. Among those reported to have shown interest is a consortium linked to the Glazer family, co-owners of English Premier League club Manchester United. Non-binding bids have already been submitted, with binding offers expected in the coming weeks.
Rajasthan Royals (RR), winners of the inaugural IPL title in 2008, are also in the process of being sold. A shortlist of potential buyers has been finalised, featuring a mix of Indian and international investors, including private equity firms, entrepreneurs and media-linked groups. The franchise is expected to attract a valuation of more than $1 billion, according to market estimates.
Final bids for Rajasthan Royals are anticipated in early March, while the RCB transaction is expected to move into its final phase later this month. Any change in ownership will require approval from the Board of Control for Cricket in India (BCCI).
The potential sales mark one of the most significant ownership shake-ups in IPL history and underline the league’s growing appeal as a global sports investment as preparations continue for the 2026 season.
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FM Muttaqi meets Uzbek Central Asia Institute Chief, stresses stronger bilateral cooperation
During the meeting, the two sides discussed ways to further strengthen political and economic cooperation, as well as key regional issues.
Afghanistan’s Minister of Foreign Affairs, Amir Khan Muttaqi, has met with a delegation led by Joulan Vakhabov, head of Uzbekistan’s International Institute of Central Asia and adviser to the country’s deputy president.
During the meeting, the two sides discussed ways to further strengthen political and economic cooperation, as well as key regional issues.
Muttaqi said Uzbekistan has adopted a positive and goodwill-based policy toward Afghanistan, expressing hope that bilateral relations and cooperation would continue to expand.
He also underscored the important role of research institutions in promoting mutual understanding, enhancing cooperation, and developing a realistic assessment of regional dynamics.
For his part, Vakhabov praised the progress and stability in Afghanistan and voiced optimism that trade between the two countries would increase further in the current year.
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