Business
Kabul restaurants hope for better business
Although many businesses are struggling in Afghanistan amid fears that the economy could collapse, some small restaurant owners are hopeful that business will soon improve, Reuters reported.
The power shift in Afghanistan has affected many aspects of local life.
In the first few days after the Islamic Emirate’s takeover, the impact was considerable in the country’s capital city Kabul, which was famous for restaurants serving local and international cuisines.
“We used to sell 60 to 70 kilos of meat per day. Now, that has dropped to 30 to 40 kilograms. We’ve lost half our business. Whenever we ask someone, they don’t have money – their money is stuck in the banks. There was no business in the first days of the new regime, but now it’s a bit better,” said Ajmal Khan, manager of Shinwari Restaurant.
According to the report the quality and prices of food in restaurants have been minimally impacted. Customers are satisfied with the services, however, the overall economic situation and uncertainties do not allow many to dine out.
“There is no change in the prices. Prices are the same, and so are the services. Everything is the same as before; only the bazaar has slowed down. Hopefully it gets better. Yes, I don’t come frequently now because most of the people have no steady source of income, so they can’t eat out and enjoy the company of family and friends,” said Abdul Rashid, a diner.
Government officials, bank employees and NGO workers were the main customers at restaurants. Since the Islamic Emirate takeover, many of them have stopped going to their offices. Still, restaurant owners are hopeful that the situation will get back to normal once people get back to their jobs, and banks start normal operations again, Reuters reported.
“We still have 30 percent of our customers. In front of our restaurant, there are banks, offices and directorates. Their employees don’t come here anymore. They are either at home or have left the country,” said Abdullah, a restaurant owner.
Business
‘Made in Afghanistan’ expo opens in Tashkent
The Afghanistan Chamber of Commerce and Investment has announced that a major exhibition of Afghan products titled “Made in Afghanistan” is opening today (Wednesday) in Uzbekistan’s capital Tashkent.
According to the chamber, the expo—supported financially by the United Nations Development Programme—will run until Friday and aims to showcase Afghanistan’s production and export potential.
More than 60 booths have been set up by Afghan traders, featuring a wide range of products including carpets, dried and fresh fruits, saffron, pine nuts, cotton, precious and semi-precious stones, as well as beverages.
Officials from the chamber expressed hope that the expo will help expand trade relations between Afghanistan and countries in the region, particularly Uzbekistan.
Business
Afghani strengthens nearly 10% against US dollar amid banking sector reforms
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems.
Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar.
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
As part of efforts to better manage liquidity, authorities also collected and destroyed worn-out banknotes in circulation. At the same time, officials reported growth in electronic banking, with digital payment usage rising in recent months.
Central bank spokesperson Haseebullah Noori said initiatives are underway to broaden access to banking services nationwide, including the wider rollout of Islamic banking options.
Analysts welcomed the stabilisation efforts but stressed the need to address ongoing challenges facing domestic banks, including the impact of international financial sanctions on Afghanistan.
They added that expanding Islamic banking could help draw more savings into the formal financial system, noting that a significant share of personal wealth remains outside banks. Bringing those funds into the sector, they said, could inject billions of Afghanis into the economy and further support financial stability.
Business
Uzbekistan delivers over 290 tons of aid to Afghanistan
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
Uzbekistan has delivered more than 290 tons of humanitarian aid to Afghanistan, according to the country’s Ministry of Foreign Affairs.
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
The shipment includes essential food supplies such as flour, rice, wheat, vegetable oil, instant meals, pasta, and confectionery. An official handover ceremony was held in the border town of Hairatan.
Local officials, including Balkh province representatives and authorities from Hairatan, expressed appreciation for the continued support, acknowledging Uzbekistan’s efforts to assist the Afghan people.
Among those present at the ceremony were Uzbekistan’s Ambassador to Afghanistan, Oybek Usmanov, and Surkhandarya regional governor Ulugbek Kosimov.
The aid delivery underscores Uzbekistan’s ongoing humanitarian engagement and its broader efforts to promote regional cooperation and stability.
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