Business
MoU Signed for Badakhshan Power Transmission, Construction of Shiwa Dam
A Memorandum of Understanding (MoU) was signed on Tuesday for the implementation of a power transmission project to northern Badakhshan province and construction of Shiwa Dam, the Presidential Palace said in a statement.
The MoU was signed between Mohammad Gul Khulmi, the acting minister of water and energy, Amanullah Ghalib head of Da Afghanistan Breshna Sherkat (DABS) and Representative of Agha Khan Fund for Economic Development.
The statement said that the purpose of the signing of MoU is to invest $631 million of Agha Khan Fund for Economic Development on the two projects.
The statement added that the contract duration has been considered for 30 years to address the issues of electricity in Badakhshan province.
According to the statement, the project would be implemented in several phases with each phase to be completed over a period of seven years.
Business
Pezeshkian pledges to facilitate Iran-Afghanistan trade
Iranian President Masoud Pezeshkian has said that Tehran will facilitate trade and economic exchanges with Afghanistan, including easing procedures at customs and local marketplaces.
He made the remarks during a televised interview following his visit to South Khorasan province, which shares a border with Afghanistan.
Pezeshkian, in a separate event addressing local business leaders, highlighted the province’s strategic advantages, citing its rich mineral resources, proximity to neighboring countries such as Afghanistan and Pakistan, and access to the ocean via the Chabahar port. He described the region as “a golden opportunity not found everywhere,” emphasizing its potential for economic growth and cross-border commerce.
Business
Afghanistan-Kazakhstan banking ties discussed in Kabul meeting
Business
Afghanistan, Kazakhstan envoys discuss expanding trade and regional connectivity
Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.
Afghanistan’s Ambassador to Pakistan, Sardar Ahmad Shakeeb, has met with Kazakhstan’s Ambassador to Pakistan, Yerzhan Kistafin, to explore ways to strengthen bilateral relations and advance regional cooperation.
The two envoys exchanged views on Afghanistan–Kazakhstan ties, regional connectivity, and major infrastructure initiatives, as well as the opportunities and challenges facing regional trade. Discussions also touched on Kazakhstan’s role in promoting regional stability and other matters of mutual interest.
Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.
He expressed hope that the proposed $3 billion joint trade agreement, once finalized, would bring tangible benefits to both countries and contribute to broader regional economic integration.
Ambassador Kistafin reaffirmed Kazakhstan’s support for stability and economic growth in Afghanistan, highlighting his country’s involvement in key regional connectivity and trade projects.
He said the current security and stability situation in Afghanistan has increased Kazakhstan’s confidence in expanding regional trade and transit, and praised the efforts of the Islamic Emirate in this regard.
He also stressed the need for coordinated regional efforts to ensure lasting stability, sustainable economic development, and the smooth movement of goods and transit across the region.
-
Latest News4 days agoIEA supreme leader stresses enforcement of Sharia law and sincere public service
-
International Sports5 days agoILT20: Desert Vipers qualify for playoffs with five-wicket win over Dubai Capitals
-
International Sports5 days agoATN secures broadcast rights for four major AFC sporting events
-
Sport4 days agoILT20: Sharjah Warriorz secure 11-run victory over Gulf Giants
-
Business4 days agoAfghanistan, India discuss expanding investment opportunities
-
International Sports3 days agoIPL 2026: Teams take shape after auction as franchises balance star power and depth
-
Sport4 days agoAbu Muslim Farah crowned champions of fifth season of Afghanistan Champions League
-
International Sports3 days agoILT20: Abu Dhabi Knight Riders end Desert Vipers’ unbeaten run in dramatic one-run win

