Latest News
Nearly 1 billion AFN invested in mines so far this year: officials
They stated that efforts are underway to attract large investments in the mining sector.
Officials from the Ministry of Mines and Petroleum (MoMP) say nearly one billion AFN have been invested in small and large mines since the beginning of the 1403 solar year.
The ministry officials said that since then, they have signed small and large contracts, the volume of which reaches one billion AFN.
The officials added that all mining contracts have been signed with domestic companies.
They stated that efforts are underway to attract large investments in the mining sector.
“On a small scale, the total value of all these investments is 500 million AFN. Similarly, the Ministry of Mines and Petroleum has two large-scale contracts this year, one of which is the Jagdalak ruby mine in Kabul and the barite mine in Herat province where the mining contract for this mine had also been signed with a domestic company,” said Homayoun Afghan, the spokesperson for the Ministry of Mines and Petroleum.
Officials from the Afghanistan Chamber of Commerce and Investment (ACCI) have stated that there is a good opportunity to invest in the mining sector and interest in investing has increased.
“Especially in the mining sector, there are many developments and the work is good. The mine goes abroad a lot. From 2 billion exports, most of them are minerals, which are not rare, but semi-precious minerals,” said Khanjan Alkozi, a member of the ACCI.
“But in general, foreign and domestic traders are interested in investing in agriculture, production, mines and processing,” he added.
Meanwhile, economic analysts believe that if the Islamic Emirate creates more facilities for private investors, domestic and foreign investments will expand in the country, and along with the increase in government income, employment opportunities will be provided for thousands of citizens.
Related stories:
Investing in Afghanistan mines can be profitable for Iranian industry: Qiafeh
Minister of Mines and Petroleum visits Mes Aynak copper mine
Latest News
Drug cultivation in Afghanistan has ‘almost dropped to zero’: deputy interior minister
Abdul Rahman Munir, the Deputy Minister for Counter-Narcotics at the Ministry of Interior, said on Saturday at the meeting of the Central Asian Regional Information and Coordination Centre for Combating Drugs (CARICC) in Uzbekistan that the cultivation, trafficking, and sale of narcotics in Afghanistan have “almost dropped to zero.”
Abdul Mateen Qani, spokesperson for the Ministry of Interior, said in a statement that Munir described the Islamic Emirate’s ongoing counter-narcotics campaign in Afghanistan as “a milestone of achievements.”
At the meeting, Munir emphasized cooperation among member countries and called on them to assist Afghan farmers in creating alternative livelihood opportunities so that the phenomenon of narcotics can be completely eradicated from Afghanistan.
Latest News
Australia imposes sanctions, travel bans on four IEA officials
Australia on Saturday announced financial sanctions and travel bans on four senior officials of the Islamic Emirate of Afghanistan (IEA), citing what it described as a worsening human rights situation in the country, particularly for women and girls.
Foreign Minister Penny Wong said the targeted officials were involved “in the oppression of women and girls and in undermining good governance or the rule of law.”
Australia had been part of the NATO-led international mission in Afghanistan before withdrawing its troops in August 2021.
Wong said the sanctions target three IEA ministers and the IEA’s chief justice, accusing them of restricting women’s and girls’ access to education, employment, freedom of movement, and participation in public life.
The officials include Mohammad Khalid Hanafi, Minister for the Propagation of Virtue and the Prevention of Vice; Neda Mohammad Nadeem, Minister of Higher Education; Abdul Hakim Sharei, Minister of Justice; and Chief Justice Abdul Hakim Haqqani.
According to Wong, the measures fall under Australia’s new sanctions framework, which allows Canberra to “directly impose its own sanctions and travel bans to increase pressure on the Taliban (IEA), targeting the oppression of the Afghan people.”
Responding to the announcement, Saif-ul-Islam Khaibar, spokesperson for the Ministry for the Propagation of Virtue and the Prevention of Vice, criticized the sanctions.
He claimed that countries imposing such measures “are themselves violators of women’s rights” and called Australia’s move an insult to the religious and cultural values of Afghans.
Khaibar added that the IEA has “stopped rights violations of hundreds of thousands of women over the past four years.”
Latest News
India and Russia stress counter-terrorism, humanitarian support for Afghanistan
During Russian President Vladimir Putin’s visit to New Delhi, India and Russia issued a joint statement highlighting their close coordination on Afghanistan. Both sides appreciated the ongoing dialogue between their respective Security Councils and underscored the significance of the Moscow Format meetings in promoting regional stability.
The leaders welcomed counter-terrorism efforts targeting international terrorist groups, including ISIS, ISKP, and their affiliates, expressing confidence in a comprehensive and effective approach to combating terrorism in Afghanistan. They also stressed the urgent need to ensure uninterrupted humanitarian assistance to the Afghan people.
India and Russia have maintained close ties on regional security, particularly concerning developments in Afghanistan following the Islamic Emirate’s return to power in 2021. The Moscow Format, a diplomatic platform including Afghanistan’s neighbors, has played a key role in facilitating dialogue on peace, stability, and counter-terrorism in the region.
-
International Sports4 days agoStar-studded squads set to ignite DP World ILT20 Season 4
-
Latest News4 days ago10 Afghans killed in Farah border shooting by Iranian forces
-
Business4 days agoAriana Airlines deepens cooperation with Turkish Airlines
-
Latest News4 days agoUN Security Council to review rising Afghanistan–Pakistan tensions
-
Latest News4 days agoChina urges Tajikistan to protect citizens after border attack
-
Latest News3 days agoSituation along Afghan-Tajik border “not stable,” says Dushanbe
-
Regional4 days agoSons of Pakistan’s jailed Imran Khan voice fears for his safety
-
Latest News3 days agoNew meeting between Afghanistan and Pakistan held in Saudi Arabia


