An Afghan shopkeeper sells dates and honey in Kabul, Afghanistan. Shoppers in the Afghan capital are going online for everything from fashion to furniture to avoid bomb attacks. Rahmat Gul / AP Photo
An Afghan shopkeeper sells dates and honey in Kabul, Afghanistan. Shoppers in the Afghan capital are going online for everything from fashion to furniture to avoid bomb attacks. Rahmat Gul / AP Photo
An Afghan shopkeeper sells dates and honey in Kabul, Afghanistan. Shoppers in the Afghan capital are going online for everything from fashion to furniture to avoid bomb attacks. Rahmat Gul / AP Photo
An Afghan shopkeeper sells dates and honey in Kabul, Afghanistan. Shoppers in the Afghan capital are going online for everything from fashion to furniture to avoid bomb attacks. Rahmat Gul / AP Photo

Afghans switch to online shopping to avoid bomb attacks


  • English
  • Arabic

Shoppers in the Afghan capital are going online for everything from fashion to furniture to avoid bomb attacks and harassment in the markets, with dozens of start-ups doing a brisk trade where there were few on the ground two years ago.

Suicide bombings and other attacks in Kabul have killed and wounded hundreds of people this year and security had been expected to remain an issue ahead of the elections planned for October. Harassment on the street is widespread.

Taliban insurgents on Sunday announced a surprise three-day ceasefire for the Eid holiday next week, marking the end of the fasting month of Ramadan, days after the government offered a ceasefire until June 20.

The new retailers, with names like AzadBazar.af, afom.af, JVBazar.com and zarinas.com, sell goods ranging from cosmetics, computers, kitchenware and furniture to cars, rugs and real estate. One website advertises foreign brands including Rolex, Adidas and Zara.

Student Asila Sulaimani described online shopping as a “good experience” in a country at war, with UN figures putting those under 25 at more than 60 per cent of the population, the vast majority of them enthusiastic smartphone users.

“Who dares go out shopping these days?” she said.

“I am sure there are some people, but for me it has always been difficult ... Fears of an explosion, an attack and the most common thing, harassment, follow me like my shadow.”

Tamim Rasa, 28, is the founder of Rasa Online which he started with $30,000 eight months ago. He has since signed contracts with more than 60 stores and traders, with 80 per cent of his customers women and cosmetics “a big part of business”.

The store has no physical presence in terms of stock, just an office of eight.

“We work as a connecting bridge between people and large stores and traders. A month ago, we were hardly managing to earn our expenses - we were making a loss - but now we are making a profit of 1,000 to 3,000 afghanis ($14 to $42) a day. It shows we are growing.”

He is now looking to expand to Herat province in the west, Kandahar in the south, Balkh in the north and Nangarhar, neighboring Pakistan, in the east.

Esmatullah, 27, owner of Afghan Mart, which he set up just over a year ago, has a shop with 500,000 afghanis worth of goods.

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Read More:

Afghan Taliban announce Eid ceasefire for the first time

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“Big companies contact me to sell their imported goods. An average of 50 customers call me daily and we deliver,” he said, adding that he too is looking to expand into the provinces by the end of the year.

The biggest challenge, he said, was security in a city where one bomb blast can be followed by a second in the same area.

Many people who have to go out take diversionary routes through narrow side alleys, sometimes through people’s homes and gardens, to avoid the threat and traffic of major roads and intersections.

“We have seen more bomb blasts in Kabul that delayed our delivery services,” Mr Esmatullah said. “When that happens, we stop delivering in that direction or that part of the city.

“But the insecurity is one of the reasons that our business has found its way. And besides the insecurity, there is a bad culture of street harassment that unfortunately our women face in cities.”

Goods are delivered by motorcycle or public transport where possible and the deliverymen get paid up to 8,000 afghanis a month.

Commerce Ministry spokesman Musafer Qoqandi described online shopping as “unique” for a country at war for more than four decades, with about 50 companies in business, most of them unlicensed.

“The culture of online stores only started two years ago in Kabul and right now more than 20 online stores have a license to trade - there are many more that have yet to get their license and we encourage them to come forward.

“Around the world, online stores are dealing with billions of dollars annually. It is time for us to join this convoy ... It is hope-giving when we see the growing number of such stores in Afghanistan.”

Student Roya Shakeb agreed.

“I needed some books for my exams. I searched shops and libraries without success - then I came across online stores. The book was on my doorstep the next day. Unbelievable.”

MATCH INFO

What: 2006 World Cup quarter-final
When: July 1
Where: Gelsenkirchen Stadium, Gelsenkirchen, Germany

Result:
England 0 Portugal 0
(Portugal win 3-1 on penalties)

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
2.0

Director: S Shankar

Producer: Lyca Productions; presented by Dharma Films

Cast: Rajnikanth, Akshay Kumar, Amy Jackson, Sudhanshu Pandey

Rating: 3.5/5 stars

UAE currency: the story behind the money in your pockets
England XI for second Test

Rory Burns, Keaton Jennings, Ben Stokes, Joe Root (c), Jos Buttler, Moeen Ali, Ben Foakes (wk), Sam Curran, Adil Rashid, Jack Leach, James Anderson

The Birkin bag is made by Hermès. 
It is named after actress and singer Jane Birkin
Noone from Hermès will go on record to say how much a new Birkin costs, how long one would have to wait to get one, and how many bags are actually made each year.

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

2024%20Dubai%20Marathon%20Results
%3Cp%3E%3Cstrong%3EWomen%E2%80%99s%20race%3A%3C%2Fstrong%3E%0D%3Cbr%3E1.%20Tigist%20Ketema%20(ETH)%202hrs%2016min%207sec%0D%3Cbr%3E2.%20Ruti%20Aga%20(ETH)%202%3A18%3A09%0D%3Cbr%3E3.%20Dera%20Dida%20(ETH)%202%3A19%3A29%0D%3Cbr%3EMen's%20race%3A%0D%3Cbr%3E1.%20Addisu%20Gobena%20(ETH)%202%3A05%3A01%0D%3Cbr%3E2.%20Lemi%20Dumicha%20(ETH)%202%3A05%3A20%0D%3Cbr%3E3.%20DejeneMegersa%20(ETH)%202%3A05%3A42%3C%2Fp%3E%0A
Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
The biog

Date of birth: 27 May, 1995

Place of birth: Dubai, UAE

Status: Single

School: Al Ittihad private school in Al Mamzar

University: University of Sharjah

Degree: Renewable and Sustainable Energy

Hobby: I enjoy travelling a lot, not just for fun, but I like to cross things off my bucket list and the map and do something there like a 'green project'.

Fixtures (all in UAE time)

Friday

Everton v Burnley 11pm

Saturday

Bournemouth v Tottenham Hotspur 3.30pm

West Ham United v Southampton 6pm

Wolves v Fulham 6pm

Cardiff City v Crystal Palace 8.30pm

Newcastle United v Liverpool 10.45pm

Sunday

Chelsea v Watford 5pm

Huddersfield v Manchester United 5pm

Arsenal v Brighton 7.30pm

Monday

Manchester City v Leicester City 11pm

 

How to play the stock market recovery in 2021?

If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.

Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.

Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.

Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).

Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal. 

Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.

By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.

As demand for energy fell, the oil and gas industry had a tough year, too.

Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.

He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.” 

This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”

Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.

UAE currency: the story behind the money in your pockets
ELIO

Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett

Directors: Madeline Sharafian, Domee Shi, Adrian Molina

Rating: 4/5

UAE currency: the story behind the money in your pockets
Temple numbers

Expected completion: 2022

Height: 24 meters

Ground floor banquet hall: 370 square metres to accommodate about 750 people

Ground floor multipurpose hall: 92 square metres for up to 200 people

First floor main Prayer Hall: 465 square metres to hold 1,500 people at a time

First floor terrace areas: 2,30 square metres  

Temple will be spread over 6,900 square metres

Structure includes two basements, ground and first floor 

ENGLAND SQUAD

Goalkeepers: Jack Butland, Jordan Pickford, Nick Pope 
Defenders: John Stones, Harry Maguire, Phil Jones, Kyle Walker, Kieran Trippier, Gary Cahill, Ashley Young, Danny Rose, Trent Alexander-Arnold 
Midfielders: Eric Dier, Jordan Henderson, Dele Alli, Jesse Lingard, Raheem Sterling, Ruben Loftus-Cheek, Fabian Delph 
Forwards: Harry Kane, Jamie Vardy, Marcus Rashford, Danny Welbeck

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

The currency conundrum

Russ Mould, investment director at online trading platform AJ Bell, says almost every major currency has challenges right now. “The US has a huge budget deficit, the euro faces political friction and poor growth, sterling is bogged down by Brexit, China’s renminbi is hit by debt fears while slowing Chinese growth is hurting commodity exporters like Australia and Canada.”

Most countries now actively want a weak currency to make their exports more competitive. “China seems happy to let the renminbi drift lower, the Swiss are still running quantitative easing at full tilt and central bankers everywhere are actively talking down their currencies or offering only limited support," says Mr Mould.

This is a race to the bottom, and everybody wants to be a winner.

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Health Valley

Founded in 2002 and set up as a foundation in 2006, Health Valley has been an innovation in healthcare for more than 10 years in Nijmegen, the Netherlands.
It serves as a place where companies, businesses, universities, healthcare providers and government agencies can collaborate, offering a platform where they can connect and work together on healthcare innovation.
Its partners work on technological innovation, new forms of diagnostics and other methods to make a difference in healthcare.
Its agency consists of eight people, four innovation managers and office managers, two communication advisers and one director. It gives innovation support to businesses and other parties in its network like a broker, connecting people with the right organisation to help them further