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The Ministry of Finance (MoF) called for the immediate privatization of the New Kabul Bank this week. Deputy Minister of Finance Mustafa Mastoor said that since the bank has come under the control of government it has lost close to 50 million USD. MoF submitted the documents for the privatization...
“The US Secretary of State John Kerry, Afghan President Hamid Karzai and UN Representative Jan Kubis successfully made the two presidential candidates—Abdullah Abdullah and Ashraf Ghani to bury their hatchet and accept a 100 percent vote audit under international auspices” AT News Report KABUL: At last the deadlock caused by runoff...
U.S. Secretary of Defense Chuck Hagel visited with American forces on Saturday in Afghanistan. The visit come as President Hamid Karzai refuses to sign the Bilateral Security Agreement (BSA), despite mounting pressure from Washington and Afghan officials. Hagel's unannounced visit lands him in the center of the chaos that...
A BANK is demanding rent payment from two young children after their father died, leaving them without income. Ages four and nine, the children lost their father (41) in March of 2012 in a work related accident. Although the man’s will did include life insurance on his rent, BBVA officials say...
The investigation alleging misuse of public funds and other charges dates back to 2003 when Esperanza Aguirre was President of the Madrid regional government. A Court in Madrid has opened an investigation into the privatisation of hospitals in the capital in 2003, when the President of the region was Esperanza...
The telecoms company B-lite hopes to launch the first 4-G mobile internet network in Brussels by the end of the year. The company plans to get round the Brussels-Capital Region’s stringent mast emission restrictions by investing exclusively in a 4G network and not using up valuable mast capacity by...
THE European Commission is launching legal action against Spain after increasing complaints that some hospitals refuse to recognise the European Health Insurance Card. The EHIC entitles EU citizens to free healthcare in public hospitals, but it appears that some Spanish hospitals rejected have rejected the card. This means that European foreign...
The Afghan President Hamid Karzai on Sunday has urged the US to hand over all the Afghan detainees from Guantanamo prison. "President Hamid Karzai welcomed the US President Barack Obama's efforts to close the Guantanamo prison and transfer all the Afghan detainees to their country," Karzai's office said in a...
President Karzai on Wednesday said that Afghanistan's neighbours are trying to split the country. President Karzai at a meeting with Interior Ministry officials warned them that the neighbouring countries are putting efforts to destroy the system of Afghanistan. Karzai stressed that these countries have taken undue advantage of Afghanistan's situation and...
Three huge explosions rocked the heart of Kabul city on Friday at 4 pm. According to reports, the explosion took place in the Qowai Markaz area. Unconfirmed reports state that two separate blasts happened in the Wazir Akbar Khan and Karte-Se areas. Along with the explosions, gun-fire was also heard...
MADRID was the coldest capital city in the world on Friday May 17 with a maximum daytime temperature of 9.2ºC, it was colder than every other capital city in the northern and southern hemisphere that day. And the humidity levels registered meant that it felt much colder according to weather records. Even Moscow...
France’s justice minister has said she supports land reform in the country’s overseas territories to help the descendents of slaves, two days after President Hollande declared reparations for slavery impossible. Justice Minister Christiane Taubira has called on the French government to consider ways to redistribute land in its Caribbean overseas territories to...
Afghanistan’s Investment Support Agency (AISA) officials on Saturday announced that $300 million have been invested in three months of current fiscal year in the country. The investment is done on agriculture, mines and industries sectors, head Afghanistan Investment Support Agency Wafiullah Eftkhar said. The foundation of an information centre in the...
Afghanistan's city of Ghanzi was officially named Saturday by the Islamic Educational, Scientific and Cultural Organisation (ISESCO) as the capital of culture and civilisation for the Muslim world in a ceremony in the central-eastern city. Speaking at the ceremony, officials of the Morocco-based organisation said their cooperation will not end...
In the remote Alaska wilderness, some 3,800 miles from Pyongyang, North Korea, the United States' last line of defense against a nuclear warhead from North Korea or Iran stands ready to attack. Fort Greely, Alaska, a World War II-era Army base that was reopened in 2004, is America's last...
Afghanistan's Foreign Ministry on Saturday insisted that Pakistan demanded "unacceptable" conditions in exchange for its cooperation in the peace process, despite Islamabad yesterday rejecting the charge made by the Afghan presidential spokesman earlier this week. "Unfortunately, Pakistan has changed its position in supporting a peace process in Afghanistan. When the...
President Hamid Karzai continued his push for India's businesses to invest in Afghanistan during the second leg of his visit on Monday, saying their investment would boost economic development and help bring stability to the region. ''Investment opportunities are better today in Afghanistan, a country that is more confident of...
As negotiations between Afghanistan and the United States get underway for a bilateral security agreement, US Ambassador to Afghanistan James Cunningham said he is confident the question of whether US troops can be prosecuted in Afghanistan will be resolved. Afghan President Hamid Karzai and other leading officials have voiced their...
Afghan women will face major challenges in the upcoming presidential election because of the "inappropriate" traditions and insecurity, the Free and Fair Election Foundation of Afghanistan (FEFA) said Thursday. FEFA executive director Jandad Spinghar said in an advisory meeting with the Afghan MPs that unfair propaganda against women also prevented...
The European-based think tank in the Afghan President's sights for possible expulsion from Afghanistan has not received any official word from the government, while the Nato chief has come out in defense of it. International Crisis Group (ICG), which published a damning report on the state of Afghan politics last...
Afghan lawmakers on Saturday claimed that the election timetable announced by the Independent Election Commission (IEC) went against Afghanistan's constitution because it has a poll for both the president and the provincial councils on the same day. Parliamentarians criticised the IEC decision saying that the provincial council elections should be...
Kabul Bank's receivership manager on Thursday said that the efforts to auction the bank's properties as soon as possible are happening both inside and outside the country, but the asset sale is challenging. Hamidullah Mohebbi said Kabul Bank currently holds eleven properties worth more than 119 million Emirati Dirhams (US$32.4...
International watchdog Human Rights Watch (HRW) renewed its call for the release of the war atrocities report compiled by the Afghan Independent Human Rights Commission (AIHRC) as the presidential election draws closer. HRW researcher in Afghanistan Heather Barr said that Afghans will want justice over the past crimes committed against...
Afghan President Hamid Karzai on Sunday flew to northern Faryab province to meet with the families of those killed in the suicide attack at the Maimana mosque last week, according to a statement from his office. Karzai took the opportunity to again condemn the bombing, pointing to the Hajj sermon...
HAIRATAN: The first ever railroad infrastructure in Afghanistan from Hairatan Port to Mazar-e-Sharif Airport is the substantial scheme that links Afghanistan to international markets and would change fate of this war-torn country if the project extended to other parts of the country. The Hairatan to Mazar-e-Sharif railway is a great...
More than 3,000 Afghans with severe eyesight failure have been treated through the Ministry of Health's mobile eye clinics in the past two years, but officials said more needs to be done with 80 percent of those with eye problems believed to have a treatable condition. Marking 'World Sight Day'...
Construction of a new Afghan military academy has begun, with Afghan and foreign officials hailing it as a step towards better education of the armed forces and greater professionalism. The new academy is backed by the UK as part of the Afghanistan-Britain strategic agreement signed earlier this year between President...
President Hamid Karzai telephoned Pakistan President Asif Ali Zardari Wednesday night to voice his condemnation of the Taliban shooting of Pakistani teenager Malala Yousufzai and assured Zardari of cooperation to end the insurgent threat. Malala, 14, is in intensive care after she was shot in the head on a school...
Afghanistan's top security officials in the government visited eastern Nangarhar province Monday to investigate the increasing claims of unrest along the border with Pakistan. Minister of Defense Gen. Bismillah Mohammadi and Minister of Interior Mujtaba Patang were in Nangarhar's Ghoshta district Monday morning to discuss with residents about the ongoing...
New research published by Bankrate today has found almost half of Americans do not have emergency savings to cover three months worth of expenses. This is three percent higher than last year's figures. According to a press release, 49 percent of Americans do not have enough emergency savings to cover...