Thursday October 30, 2014

Economist of the Month

Elinor Ostrom

Elinor Ostrom (August 7, 1933 – June 12, 2012) was an American political economist whose work was associated with the New Institutional Economics and the resurgence of political economy. In 2009, she shared the Nobel Memorial Prize in Economic Sciences with Oliver E. Williamson for “her analysis of economic governance, especially the commons”.

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China offers USD 327mn in aid to Afghanistan through 2017

China has pledged USD 327mn in aid to Afghan government following a meeting on Tuesday between China’s...

US Senators push for conditional aid to Afghanistan

According to a report prepared by the US Senate Foreign Relations Committee, the senators plans to send...
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Afghanistan rolls out red carpet for Chinese investors

President Ashraf Ghani on his first day of official 4-day visit to China met with his Chinese counterpart...
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Arts & Culture

Balkh Afghanistan

Balkh, the sixth oldest city in the world

According to Telegraph, Balkh is the sixth oldest city in the world. What is now northern Afghanistan,...

First North American Islamic Art Museum to open in Toronto

By Ahmadshah Ghanizada: The first Islamic museum in North America was formally opened in Canada on Friday...

New museums to be built across Afghanistan

Officials of the Ministry of Information and Culture said construction work on new museums in six provinces...
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Happy New Year

Happy New Year breaks records

This year’s most awaited movie, Happy New Year, had a phenomenal first day box office collection. Directed...
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Shah Rukh Khan receives Global Diversity award in London

Shahrukh Khan recently received the Global Diversity Award at the State Room of Britain’s House of...
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Deepika and Varun as the lead pair in “The Fault in Our Stars” remake

Buzz is that Deepika Padukone and Varun Dhawan are to be the lead pairs in the Indian remake of Hollywood...
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Elinor Ostrom

Elinor Ostrom

Elinor Ostrom (August 7, 1933 – June 12, 2012) was an American political economist whose work was associated...

Afghanistan’s Economy On The Verge Of Collapse

By Florance Ebrahimi Power vacuum looms for Afghanistan as UN delays date for result of presidential...

Ranking of the 10 biggest banks in 2014

With United States put behind the race, this Top Ten gathers the most powerful and influential banks...
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International Business


China spends billions of dollars annually on pets

Having one of the world’s lowest birth rates, China is witnessing a growing number of pet lovers among...

China fines British pharmaceutical firm for bribery

China has fined the giant pharmaceutical firm of the UK, GlaxoSmithKline (GSK), USD 490mn for bribing...
standard chartered

Standard Chartered to pay penalty for failing to improve money laundering controls

The British Bank Standard Chartered has to pay a fresh penalty of USD 300mn to New York’s banking regulator...
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The Afghan cricket team

11th cricket academy established in Afghanistan

The 11th Afghan cricket academy was established in Helmand with a cost of 800,000 AFN provided by the...
Luis Suárez

Luis Suarez getting professional help to stop biting opponents

Well-known striker, Luis Suarez, admits he is getting professional help in order to control his “impulse”...
Real Madrid

Real Madrid tops richest football teams list for 10th year in a row

Real Madrid has once again become the world’s richest club for the 10th consecutive year, recording...

Today’s Market Rates

  • Currency
  • Gold
  • Fuel
Foreign Currency
1 US Dollar57.85
1 Euro73.10
1 Pound92.00
1 Saudi Rial15.30
1 UAE Dirham15.65
1 Chinese Yuan9.40
1 Turkish Lira26.30
1 Kuwaiti Dinar197.20
1000 Pak. Rs562.00
1000 Ind. Rs950.00
1000 Iranian Toman17.70
Type of Gold
Price in AFN/gm
Fuel Type
1L Petrol64 AFN
1L Diesel58 AFN
1K Liquid Gas70 AFN

Afghanistan in Pictures

Afghanistan in Pictures

Click on the image to see more photos from Afghanistan!