Business
MoU signed for start of Trans-Afghan railway feasibility studies
The Afghanistan Railway Authority (ARA) announced on Tuesday a memorandum of understanding (MoU) had been signed for feasibility studies on the Trans-Afghan railway project.
ARA said that the head of the organization, Bakhtur Rahman Sharafat, signed the MoU during his visit to Uzbekistan on Monday. The MoU was signed between Uzbek and UAE officials and Afghanistan.
ARA said once the feasibility study has been completed, results will be shared with various stakeholders including financial institutions, countries and businessmen from Afghanistan, Uzbekistan and Pakistan.
Officials attending Monday’s meeting also decided a virtual meeting would be held on Wednesday with Qatari and Pakistani officials.
The Trans-Afghan railway once completed will connect Central Asia with South Asia.
Starting in Balkh’s Mazar-e-Sharif, the 647km line will pass through Samangan, Baghlan, Bamiyan, Maidan Wardak, Logar and Paktia provinces and on to Pakistan.
This project has been under discussion for many years. After regaining power, the Islamic Emirate approved the initial survey which was successfully completed by the technical teams of Afghanistan, Uzbekistan, and Pakistan Railways.
ARA has meanwhile said it once again invites countries, financial organizations and businessmen to invest in Afghanistan railway projects.
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.
Business
Turkmenistan, Afghanistan discuss steps to speed up land acquisition for TAPI pipeline
By the end of the year, the vessels are expected to deliver about 11,700 pipes as part of preparations for construction of the TAPI pipeline.
Officials from Turkmenistan and Afghanistan have held talks aimed at accelerating land acquisition for the long-planned Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline, according to Afghanistan’s Ministry of Agriculture, Irrigation, and Livestock.
The issue was discussed during a meeting between TAPI project head Murad Amanov, Afghanistan’s acting Minister of Agriculture, Irrigation, and Livestock Mullah Attaullah Omari, and Turkmenistan’s ambassador to Afghanistan Hoja Ovezov.
Amanov briefed Afghan officials on recent progress and emphasized the need to accelerate procedures related to land acquisition and the determination of land prices in line with the framework agreement signed by the four participating countries.
Meanwhile, vessels operated by the Azerbaijan Caspian Shipping Company (ASCO), part of AZCON Holding, have begun transporting pipes for the project. The shipments are being carried from the Port of Baku to the Turkmenbashi International Seaport.
By the end of the year, the vessels are expected to deliver about 11,700 pipes as part of preparations for construction of the TAPI pipeline.
-
Latest News4 days agoIEA announces temporary pause in defensive operations against Pakistan for Eid
-
Latest News5 days agoPakistan opposes normal Afghanistan–India relations: Shaheen
-
Latest News4 days agoKarzai accuses Pakistan of seeking to destabilise Afghanistan after Kabul strike
-
Latest News3 days agoPakistani shelling hits Kunar districts despite ‘pause in hostility’ over Eid
-
Regional5 days agoIran strikes Tel Aviv with cluster warheads in retaliation for killing of security chief
-
Sport2 days agoAfghanistan national buzkashi falls short in Kokpar World Championship semifinals
-
Regional3 days agoPakistan among top nuclear threats to America, US intelligence chief tells senate
-
Latest News4 days agoMuslim scholars condemn Kabul hospital attack, urge ceasefire
