Business
SpaceCom International holds investment talks with Afghanistan
SpaceCom offers different types of satellite and telecom services to government and business enterprises throughout USA, South America, Europe, Africa, Middle East and Asia.
SpaceCom International, a global telecommunications and technology company, concluded a series of high-level investment meetings with the Prime Minister’s office of the Islamic Emirate of Afghanistan (IEA), underscoring the mutual commitment to supporting private sector growth and economic development in the country.
During the discussions, both sides highlighted the importance of protecting and encouraging private sector investment, which is seen as critical to creating jobs and meeting the needs of the Afghan population.
Dr. Wasi, representing the Prime Minister’s office, expressed appreciation for SpaceCom’s continued presence in Afghanistan and offered full government support for initiatives that advance investment and economic development.
“We’re grateful to the Prime Minister’s office and Dr. Wasi for the invitation and productive discussions on a wide range of issues affecting private-sector foreign investors and the overall investment landscape in Afghanistan,” said Matt DeNapoli, CEO of SpaceCom International.
Abdul Kareem, Managing Director of SpaceCom Afghanistan, noted that senior government officials were proactive in arranging meetings and expressed strong interest in collaborating with international investors.
“Our leadership was pleasantly surprised by both the strong interest shown and the ease of working with the Islamic Emirate of Afghanistan,” he said.
SpaceCom executives also remarked on visible improvements in Kabul’s infrastructure and urban landscape since their last visit. “The removal of concrete T-walls revealed shops and businesses that were previously obscured. New roads, less traffic, and a sense of calm throughout the city made it easier to assess ongoing construction and development projects,” said Artie Mullins, President of SpaceCom Afghanistan.
SpaceCom was founded in 2004 with a focus to become a leading global provider of satellite and telecommunication services, and reseller of value added service with its headquarters located in Virginia, US.
SpaceCom offers different types of satellite and telecom services to government and business enterprises throughout USA, South America, Europe, Africa, Middle East and Asia.
Business
‘Made in Afghanistan’ expo opens in Tashkent
The Afghanistan Chamber of Commerce and Investment has announced that a major exhibition of Afghan products titled “Made in Afghanistan” is opening today (Wednesday) in Uzbekistan’s capital Tashkent.
According to the chamber, the expo—supported financially by the United Nations Development Programme—will run until Friday and aims to showcase Afghanistan’s production and export potential.
More than 60 booths have been set up by Afghan traders, featuring a wide range of products including carpets, dried and fresh fruits, saffron, pine nuts, cotton, precious and semi-precious stones, as well as beverages.
Officials from the chamber expressed hope that the expo will help expand trade relations between Afghanistan and countries in the region, particularly Uzbekistan.
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.
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