29 April 2017

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Sunday, April 23, 2017
Taliqan (BNA) shadow governor of Taliban for Takhar province was killed with eight other insurgents in an air raid conducted by US drone yesterday.
Qari Tayb was targeted by US drone in his hideout in Dasht-e-Archi district, Kunduz province.
A security source of Kunduz province told BNA, in the raid, Qari Tyb shadow governor of Taliban for Takhar province with other insurgents was killed in the raid.
A US commander in Afghanistan said that they have done that attack to restrict the activities of terrorism in Afghanistan.
Qari Tyb was involved in recent insecurity in parts of Kunduz and Takhar provinces.
According to officials, with killing of Qari Tyb the security situation will be improved in parts of the two provinces.

Sunday, April 23, 2017
Kabul (BNA) The World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) has so far insured three major companies in Afghanistan in a bid to promote foreign direct investment in the country.
Collectively worth USD 154mn, these companies are insured against losses incurred in a change in political systems and trade problems.
“World Bank has insured 3 companies through MIGA, but there is little awareness about this service. More awareness needs to be made in order to provide better investment climate in Afghanistan,” said Abdul Qadir Bahman, Afghanistan Chamber of Commerce of Industries (ACCI) CEO.
Meanwhile, Afghan business owners urged the World Bank to speed up efforts in this regard as businesses in Afghanistan are facing major threats.
Welcoming the step taken by the World Bank, Afghanistan private sector stressed if the country’s big companies are insured, they will invest more.
A national trader, Taj Mohammad believes that insurance is an important issue in business and investment sectors in the country, through which the traders will have financial safety.
A number of economic experts and Afghanistan Chamber of Commerce and Industries said that insuring big companies will pave the ground for further foreign investments in the country.
Head of planning in Afghanistan Chamber of Commerce and Industries, Mohammad Tahir Wardak said if investment safety was ensured, this will result in drawing more investments in the country.
He asked the World Bank to insure Afghanistan domestic companies in order to prevent capital flight, because, insurance is the main demand of investors, thus, we hope the WB to cooperate with Afghan merchants and investors in this regard.
A number of economic experts believe the move would better provide the ground for domestic and foreign investors in Afghanistan.
Calling insurance the best way for better investments in advanced countries, a Kabul University lecturer and economic expert, Saifuddin Saihoun said, “Unfortunately, beside other sections, due to long-years’ war, insurance section has been harmed in Afghanistan.”
According to him, insurance is the main issue in trade and investment sectors.
Another expert, Sarwar Rahsepar said the World Bank could cooperate with Afghanistan in investment and economic growth, adding the government of Afghanistan needs world countries’ assistances particularly the WB for long.
Findings suggest that insecurity, lack of power, insurance and standard roads have caused to provide the ground capital flight in Afghanistan.
MIGA was established in 1988 as a member of the World Bank Group.
The agency, which today boasts 164 member countries, aims to encourage foreign investment in developing countries.

Sunday, April 23, 2017
Jalalabad (BNA) Nangarhar province has witnessed 70% increase in industrial activity with the establishment of 30 new factories at Sheikh Misri Industrial Zone of the province in the past six months.
The province’s business community along with Afghanistan Chamber of Commerce and Industries (ACCI) called on Governor Haji Tor Malang to further support investment in the province.  Governor Malang said industrial activity has been increasing day by day in Nangarhar.  According to Malang, a total of 2,433 factories are functional in Nangarhar, employing 10,000 individuals.

Sunday, April 23, 2017
Jalalabad (BNA)  a member of Daesh group with package of armaments was arrested in Nangarhar province.
Mohammad Omar while wanted to transfer the package of weapons to Daesh group was arrested by security forces in Dorbaba district of the province.
According to police official to BNA, several weapons and explosives were seized from the package.
The member of Daesh group in first investigation said that he was worked for Daesh group and wanted to transfer the weapons to Daesh.

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