Business
McDonald’s restaurants reopen in Russia under new name
McDonald’s (MCD.N) restaurants flung open their doors in Moscow once again on Sunday under new Russian ownership and a new name: Vkusno & tochka, which translates as “Tasty and that’s it”, Reuters reported.
The new dawn for Russia’s fast-food scene will initially see 15 rebranded restaurants open in and around the capital after the U.S. burger giant turned its back on the country over what Russia calls a “special military operation” in Ukraine.
According to Reuters the reopening of the outlets, three decades after McDonald’s first opened in Moscow in a symbolic thaw between East and West, could provide a test of how successfully Russia’s economy can become more self-sufficient and withstand Western sanctions.
Oleg Paroev, chief executive of Vkusno & tochka, said the company was planning to reopen 200 restaurants in Russia by the end of June and all 850 by the end of the summer.
“Our goal is that our guests do not notice a difference either in quality or ambience,” Paroev told a media conference in what used to be the first McDonald’s restaurant that opened in Soviet Moscow in 1990.
Alexander Govor, the new owner of the chain, said the company employs 51,000 people, read the report.
“The corporation asked me to, first of all, keep the headcount, to provide people with work. That’s what I’m going to do,” he added.
The rebranded fast-food chain will keep its old McDonald’s interior but will expunge any references to its old name, said Paroev, who was appointed Russia McDonald’s CEO weeks before Moscow sent tens of thousands of troops into Ukraine on Feb. 24, Reuters reported.
Paroev said the company would keep “affordable prices” but did not rule out that they would go up slightly in the near term.
Business
Ariana Afghan Airlines boost air trade with arrival of new cargo aircraft
The Ariana Afghan Airlines press office says this achievement marks an important stride toward strengthening national trade and promoting Afghanistan’s path to economic self-reliance.
Ariana Afghan Airlines has announced a major development in the country’s air-transport sector, confirming that a long-awaited charter cargo aircraft has been officially contracted and will arrive in Afghanistan soon. The move is being hailed as a “significant and facilitative breakthrough” for national traders.
Bakht-ur-Rahman Sharafat, the head of Ariana Afghan Airlines, says the finalization of this contract reflects the leadership’s firm commitment to supporting Afghanistan’s growing trade sector. “This new cargo aircraft is part of Ariana’s broader plan to strengthen exports and provide fast, reliable, and competitive air-transport services for Afghan traders,” Sharafat stated.
According to Ariana officials, the addition of the new cargo aircraft will greatly enhance commercial air-transport services. It is expected to ensure timely delivery of goods, reduce transportation costs, and significantly increase the country’s export capacity.
Economic experts believe this step will not only offer substantial facilities to traders but will also play a key role in Afghanistan’s economic development and the expansion of its export markets.
Ariana’s leadership says the cargo aircraft will open new avenues for accelerating and securing the movement of both export and import goods, while fostering healthy competition within the nation’s aviation sector.
The Ariana Afghan Airlines press office says this achievement marks an important stride toward strengthening national trade and promoting Afghanistan’s path to economic self-reliance.
Business
IEA demands assurances from Islamabad before trade routes reopen
Mujahid noted that Afghanistan is currently meeting its essential import needs through a range of regional partners, and therefore will not rush to resume commerce with Pakistan without clear assurances.
The Islamic Emirate of Afghanistan (IEA) has said that the reopening of trade and transit routes with Pakistan will depend on Islamabad providing firm guarantees that these corridors will not again be used as instruments of political pressure.
In a statement released on social media, IEA spokesperson Zabihullah Mujahid accused Pakistan of having “illegally and politically” closed key border routes in recent months, a move he said caused “serious harm to the people on both sides of the Durand Line.”
Mujahid noted that Afghanistan is currently meeting its essential import needs through a range of regional partners, and therefore will not rush to resume commerce with Pakistan without clear assurances.
He said the IEA wants trade to take place in a “dignified and mutually beneficial” manner and made clear that any reopening will require Islamabad to commit to keeping commercial corridors free from political interference.
“Trade routes with Pakistan will only be reopened once strong assurances are received from the Pakistani government,” he said, adding that the guarantees must ensure Pakistan cannot again weaponise transit access or disrupt legitimate trade.
According to the IEA, the priority is to safeguard traders’ rights, stabilise cross-border transit, and ensure that the economic needs of the population are not influenced by political disputes.
The IEA said any step toward reopening the routes must be built on mutual respect and a long-term commitment to cooperation.
Business
Ariana Airlines deepens cooperation with Turkish Airlines
Both sides agreed to form joint technical and operational teams to advance cooperation and strengthen the regional air transport network.
Ariana Afghan Airlines and Turkish Airlines have moved to strengthen their aviation partnership following a high-level meeting between Ariana CEO Bakht-ur-Rahman Sharafat and Turkish Airlines CEO Bilal Ekşi.
According to Ariana Afghan Airlines, the discussions centered on expanding air transport connectivity, improving passenger and cargo services, and increasing the exchange of technical and operational expertise between the two carriers.
Sharafat praised Turkish Airlines for its global reach and operational standards, noting that the airline’s experience could play a vital role in enhancing air travel, trade, and tourism between Afghanistan and Turkey.
Ekşi commended Ariana’s recent improvements and said Turkish Airlines would support capacity-building initiatives, including technical training, aircraft maintenance, and operational enhancement programs.
Both sides agreed to form joint technical and operational teams to advance cooperation and strengthen the regional air transport network. The move marks a significant step toward deeper aviation collaboration between the two countries.
-
International Sports3 days agoStar-studded squads set to ignite DP World ILT20 Season 4
-
Latest News3 days ago10 Afghans killed in Farah border shooting by Iranian forces
-
Sport4 days agoAfghanistan deepens ties with Uzbekistan through new cricket development partnership
-
Business3 days agoAriana Airlines deepens cooperation with Turkish Airlines
-
Latest News3 days agoUN Security Council to review rising Afghanistan–Pakistan tensions
-
Sport5 days agoUAE Bulls clinch first Abu Dhabi T10 title with dominant 80-run victory
-
Latest News3 days agoChina urges Tajikistan to protect citizens after border attack
-
Latest News2 days agoSituation along Afghan-Tajik border “not stable,” says Dushanbe
