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BMA develops indirect lending program for local industries

Abdul Zuhoor Qayomi-KABUL: Bank-e-Millie Afghan (BMA), a state-owned bank, has developed an indirect lending program for the local industries aimed at strengthening the local market. According to a memorandum of understanding (MoU) signed between Bank-e-Millie Afghan and Afghanistan Industries Association (AIA), the Afghan industrialists would receive $200 million in indirect …

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57 militants killed in raids

AT-KABUL: At least 57 Taliban insurgents were killed in multiple crackdowns within the past day, said the interior ministry on Sunday. The Afghan police in collaboration with the Afghan National Army and the National Directorate of Security raided turbulent parts of Takhar, Kunduz, Badakhshan, Sar-e-Pul, Logar, Uruzgan, Paktika and Helmand …

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Taliban capture Chardara district of Kunduz

AT-KABUL: Taliban militants have captured Chardara district of northeastern Kunduz province. The insurgents were now fighting security forces in the city. The militants took control of the district on Saturday evening following long exchange of gunfire with Afghan security forces that left 10 troops and tens of militants dead and …

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16 civilians killed, 5 injured in Helmand bomb blast

AT-KABUL: At least 16 civilians were killed and five others were injured when their vehicle they were travelling in hit a landmine in Marjah district of southern Helmand province, the governor’s spokesman said. Helmand Governor spokesman, Omar Zwak, told Afghanistan Times that the incident took place in Trikh Nawar village …

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Abdullah, Taliban and peace negotiations

The government has long been stressing in the strongest, and ongoing, terms that the Taliban and foreign terrorists, in Afghanistan have been causing deaths, chaos and dire straits for the Afghan people. It has resulted in the deaths of thousands of thousands and countless refugees, homeless at home, and injured. …

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Pakistan to begin registration of undocumented Afghan refugees next month

AT Monitoring Desk-KABUL: Islamabad has decided to begin registration of unregistered Afghan refugees next month. The National Database and Registration Authority (NADRA) of Pakistan has been assigned to register all unregistered refugees within six months. The process is expected to start on July, 25. The NADARA will set up 21 …

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Sher Khan Port’s revenue increased: Official

AT Monitoring Desk-KABUL: Amidst the reports about 60 percent decrease in exports of northern Kunduz province, officials in Sher Khan Port said Saturday that revenue of the port has increased this year. According to the officials, installation of new equipments which have helped to preventing corruption is behind increase in …

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Western hostages killed in drone strike converted to Islam: Al-Qaeda

Al-Qaeda leadership on Saturday said that the US national Warren Weinstein and Italian national Lo Porto Giovanni , who were killed in January’s US drone strike near the Pak-Afghan border were ‘converted to Islam’ during their captivity. President Barack Obama regretted their deaths after taking responsibility for the accidental killings …

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Ex-edu minister rejects SIGAR report on ‘ghost schools’

AT Monitoring Desk-KABUL: Former Minister of Education, Farooq Wardak, on Saturday rejected report of Special Inspector General for Afghanistan Reconstruction (SIGAR) about misuse of US aid in the Ministry of Education (MoE). Recently, the incumbent Education Minister, Asadullah Balkhi, told Wolesi Jirga that the former administration dispatched salaries and resources …

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AfPak ties revolve around geo-strategic goals rather than geo-economics: Think Tank

AT-KABUL:  Political and security affairs analysts tagged Pakistan’s policies towards Afghanistan as “dual and deceptive” and said the ties were more about geo-strategy than geo-economics as Afghan traders were forced to remain struck by bureaucratic hurdles in the neighboring country. In a monthly gathering of the Rana Think Tank, the …

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