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Turkmenistan has invested over $1.5 billion in Afghanistan: Rashid Meredov

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The Minister of Foreign Affairs of Turkmenistan Rashid Meredov says Ashgabat has invested more than $1.5 billion in joint projects with Afghanistan.

At a meeting to provide information about the joint infrastructure projects of Turkmenistan and Afghanistan, Meredov said that Turkmenistan intends to expand political, economic, commercial, transportation and transit relations with Afghanistan.

Meredov has also invited India, Pakistan, international banks and the Asian Development Bank to invest in the TAPI project.

“The government of Turkmenistan has invested more than 1.5 billion dollars in various projects with Afghanistan. Turkmenistan is determined to develop and expand political, economic, commercial, transportation and transit relations with Afghanistan as much as possible,” he said.

Meanwhile, acting head of the Afghan embassy in Turkmenistan Fazl Mohammad Saber also said that the Islamic Emirate is determined to implement joint projects between the two countries.

“The opening of TAPI, TAP, fiber optics and railway lines, etc., is actually a sign of true friendship and brotherhood between the people of Afghanistan and Turkmenistan, who have been living side by side in a good neighborly atmosphere for a long time,” said Saber.

“The people of Afghanistan welcome the successful implementation of these projects, and the Islamic Emirate is determined to implement them,” he added.

IEA’s spokesman Zabihullah Mujahid stated that currently, the economic relations between Afghanistan and bilateral cooperation between Afghanistan and Turkmenistan are expanding.

In this meeting, the ambassadors of China, India, the head of the Asian Development Bank branch and the head of the UN representative also spoke and welcomed and praised the implementation of the mentioned projects.

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Doha process private sector meeting highlights growth and coordination in Afghanistan

The session was divided into two segments, focusing on growth and inclusion in the first part, and coordination and transparency in the second.

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The 3rd session of the Doha Process Private Sector Working Group was held both in-person and online at Kabul’s Grand Hotel, hosted by the United Nations Assistance Mission in Afghanistan (UNAMA).

The meeting brought together representatives from the Islamic Emirate of Afghanistan, including the Ministries of Foreign Affairs, Finance, Industry and Commerce, Economy, Labor and Social Affairs, and the Central Bank, alongside UNAMA, UN agencies, international and regional organizations, as well as ambassadors, diplomats, and private sector experts.

The session was divided into two segments, focusing on growth and inclusion in the first part, and coordination and transparency in the second.

Afghanistan’s Islamic Emirate representatives shared achievements and progress since assuming governance, while participants acknowledged these efforts and highlighted their ongoing support for the private sector. All parties offered recommendations to address challenges and emphasized enhanced cooperation moving forward.

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IPL 2026: Franchise sales gather pace as global investors circle teams

Royal Challengers Bengaluru (RCB) has been put on the market by its current owner and is estimated to be worth up to $2 billion.

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Developments off the field are drawing growing attention ahead of the 2026 Indian Premier League season, with two franchises — Royal Challengers Bengaluru and Rajasthan Royals — formally up for sale and attracting interest from high-profile domestic and international investors.

Royal Challengers Bengaluru (RCB), one of the league’s most recognisable teams, has been put on the market by its current owner, Diageo’s United Spirits Ltd, following a strategic review. The sale process is expected to be completed by the end of March 2026. Market estimates suggest the franchise could be valued at around $2 billion, reflecting the soaring commercial value of the IPL.

Several bidders have been shortlisted for RCB, including investment groups led by Indian industrialists, private equity firms and overseas sports owners. Among those reported to have shown interest is a consortium linked to the Glazer family, co-owners of English Premier League club Manchester United. Non-binding bids have already been submitted, with binding offers expected in the coming weeks.

Rajasthan Royals (RR), winners of the inaugural IPL title in 2008, are also in the process of being sold. A shortlist of potential buyers has been finalised, featuring a mix of Indian and international investors, including private equity firms, entrepreneurs and media-linked groups. The franchise is expected to attract a valuation of more than $1 billion, according to market estimates.

Final bids for Rajasthan Royals are anticipated in early March, while the RCB transaction is expected to move into its final phase later this month. Any change in ownership will require approval from the Board of Control for Cricket in India (BCCI).

The potential sales mark one of the most significant ownership shake-ups in IPL history and underline the league’s growing appeal as a global sports investment as preparations continue for the 2026 season.

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FM Muttaqi meets Uzbek Central Asia Institute Chief, stresses stronger bilateral cooperation

During the meeting, the two sides discussed ways to further strengthen political and economic cooperation, as well as key regional issues.

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Afghanistan’s Minister of Foreign Affairs, Amir Khan Muttaqi, has met with a delegation led by Joulan Vakhabov, head of Uzbekistan’s International Institute of Central Asia and adviser to the country’s deputy president.

During the meeting, the two sides discussed ways to further strengthen political and economic cooperation, as well as key regional issues.

Muttaqi said Uzbekistan has adopted a positive and goodwill-based policy toward Afghanistan, expressing hope that bilateral relations and cooperation would continue to expand.

He also underscored the important role of research institutions in promoting mutual understanding, enhancing cooperation, and developing a realistic assessment of regional dynamics.

For his part, Vakhabov praised the progress and stability in Afghanistan and voiced optimism that trade between the two countries would increase further in the current year.

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