Latest News
New Kabul Bank Auctioned Again For Sale
Afghanistan Finance Ministry says that according to the decision of the cabinet, the New Kabul Bank should sell.
The original Kabul Bank, used to pay government salaries, collapsed in 2010 with debts of almost $1 billion, triggering a financial crisis.
The banking sector has yet to recover from the blow and the government has struggled to find a buyer for the new state-run institution.
However, deputy of Afghanistan Central Bank says that this time all conditions will be considered to identify the buyer.
Treasury chief of the finance ministry, Muhammad Aqa Kohestani noted that the New Kabul Bank is now in a situation of loss.
The troubled New Kabul Bank has lost $ millions over the past four years, according to Aqa, because of strict rules on its lending and investment.
“According to the decision of the cabinet the bidding for the New Kabul Bank will continue for two months and the conditions are that the buyer should have $ 20 million in his bank account and an official licensed even the buyer can be a foreign citizen,” Muhammad Aqa Kohistani, treasury chief of finance ministry said.
Kabul Bank was badly shaken and almost collapsed in one of “the worst banking scandals in history,” in the past.
Previously, President Ashraf Ghani opened efforts to bring former Kabul Bank officials involved in the Kabul Bank Crisis to justice, extend and enforce prison sentences for those previously convicted, and seek to recover hundreds of millions of U.S. and Afghan taxpayers’ dollars in funds stolen or lost by embezzlement, corruption, and fraud by the bank’s insiders.
Ghani vowed to seek to continue the investigation of the Kabul Bank crisis and fight corruption in Afghanistan.
In October 2014, the Ghani Administration in Kabul reportedly officially re-opened the investigation.
Latest News
5.8-magnitude earthquake shakes parts of Afghanistan
A strong earthquake measuring 5.8 on the Richter scale struck parts of Afghanistan on Friday night, according to the United States Geological Survey (USGS).
The epicenter was reported in Jurm district of Badakhshan province, with a depth of 186 kilometers.
There have been no immediate reports of casualties or damage.
Latest News
China says Afghanistan–Pakistan peace talks show progress
China has positioned itself as a facilitator, aiming to create conditions for dialogue and provide a platform for negotiations.
Negotiations between Afghanistan and Pakistan are making steady progress, China said on Friday, as efforts continue to ease tensions in their most serious conflict since the return of the Islamic Emirate of Afghanistan in 2021.
Speaking at a regular press briefing, Chinese foreign ministry spokesperson Mao Ning said both sides had welcomed Beijing’s mediation and were willing to resume dialogue. “This is a positive development,” she said, noting that China remains in close communication with both governments.
Beijing— which shares a border with both countries—has stepped up diplomatic engagement in recent months, including calls with foreign ministers and a visit by a special envoy in March. Previous rounds of talks have reportedly taken place in Urumqi, though officials did not confirm the latest venue.
China has positioned itself as a facilitator, aiming to create conditions for dialogue and provide a platform for negotiations. Mao said further details would be released jointly by the three countries “in due course.”
Clashes between Afghan and Pakistani forces since October have killed dozens on both sides, with Afghan civilians bearing the brunt of the violence. Islamabad has accused Kabul of harboring militants responsible for cross-border attacks—an allegation Afghan authorities deny, calling militancy a domestic issue for Pakistan.
The renewed diplomatic push signals cautious optimism that tensions between the neighbors could ease through sustained dialogue under Chinese mediation.
Latest News
Afghan doctors urged to support Iranian health institutions amid US and Israeli attacks
This appeal aims to emphasize the protection of healthcare facilities and the safeguarding of human health during times of war and crisis.
The Embassy of Iran in Afghanistan, citing Masoud Pezeshkian, President of Iran, has called on doctors worldwide to respond to recent attacks on hospitals, pharmaceutical companies, and medical research institutions in Iran by U.S. and Israeli forces.
The embassy specifically urged Afghan doctors and healthcare staff to support Pezeshkian’s appeal and, in coordination with international organizations, raise the voice of the medical community against what has been described as a blatant attack on humanity.
This appeal aims to emphasize the protection of healthcare facilities and the safeguarding of human health during times of war and crisis.
So far, the Islamic Emirate of Afghanistan has not issued any official response regarding this appeal.
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