Connect with us

News

Afghanistan signs oil extraction deal with Chinese company

Published

on

The contract is the first major foreign investment deal since the Taliban seized power in Kabul in 2021.Afghanistan’s Taliban-led administration has signed a contract with a Chinese company to extract oil from the Amu Darya basin and develop an oil reserve in the country’s northern Sar-e Pul province.

The contract was signed on Thursday by acting Minister of Mines and Petroleum Sheikh Shahabuddin Delawar and an official of Xinjiang Central Asia Petroleum and Gas Co (CAPEIC) in a ceremony held in capital Kabul.

It was the first major public commodities extraction deal the Taliban administration has signed with a foreign company since taking power in 2021.Acting Deputy Prime Minister Mullah Abdul Ghani Baradar and Chinese ambassador to Afghanistan Wang Yu also witnessed the signing ceremony, state-run Bakhtar News Agency reported.– Al Jazeera



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

M/s South Asian Technologies awarded contract to supply vehicle number plates

Published

on

By

The Cabinet of Ministers has approved the proposal presented by the Minister of Transport, Highways, and Urban Development to award the contract  for printing and supplying vehicle number plates for the Department of Motor Traffic for a period of five (5) years  to M/s South Asian Technologies  based on the recommendations of the High-Level Standing Procurement Committee and the Procurement Appeal Board.

Continue Reading

News

A new act for National Lotteries Board to be introduced

Published

on

By

The National Lotteries board has been established subject to the Finance Act No. 11 of 1963. Having identified the requirement of amending that act which was imposed around 62 years to cater the current requirements of the lottery market, the Cabinet of Mnisters at their meeting held on 14.02.2017 granted approval to draft a new bill for the purpose.

Accordingly, the National Lotteries Board has recognized further amendments to be performed to the fundamental draft bill prepared by the Legal Draftsmen.

Therefore, the Cabinet of Ministers granted approval for the
resolution furnished by the President in his office as the Minister of Finance, Planning and Economic Development to direct the Legal Draftsmen to finalize the formulation of the draft bill for the National Lotteries Board as soon as possible including the proposed new amendments as well.

Continue Reading

News

Motor Vehicles (Driving License Levy) Regulations No. 3 of 2022 to be amended

Published

on

By

The Werahara office of the Department of Motor Traffic performs issuance of temporary driving licenses in this country based on the driving licenses issued overseas, and measures have been initiated to render the service from a service window of the Department of Motor Traffic established at the Bandaranayake International Airport from 03.08.2025.

The fees charged for issuing temporary driving licenses have been published in Motor Vehicles (Driving License Levy) Regulations No. 3 of 2022 prepared under the provisions of the Motor Traffic (Authority 203) Act.

But, as the fee of Rupees 2,000/- charged for the service is not sufficient, the requirement of amending the regulations has been recognized.

The regulations for introducing the revised fees have been published in the government extraordinary gazette
notification No. 2463/04 dated 17.11.2025. Therefore, the Cabinet of Ministers granted approval to the resolution furnished by the Minister of Transport, Highways and Urban Development to
submit the regulations to the Parliament for its concurrence.

Continue Reading

Trending