Uzbekistan announces its intention to become global leader in uranium mining
The country is implementing a set of projects in this field worth hundreds of millions of dollars
Uzbekistan
Housing prices show 20% growth this year in Tashkent
A large influx of foreigners is one of the reasons for the price surge
IMF predicts that Uzbekistan may struggle with cutting budget deficit
There is a risk of a decline in income due to lower gold prices
Organization of Turkic states holds a meeting in Tashkent
The host country Uzbekistan wants to boost trade among members
Uzbekistan plans to attract $120 billion in investments by 2026
The government is going to rely on public-private partnerships and privatization
Uzbek airline industry reports increase in revenue
Against the backdrop of strong demand for air travel
Uzbekistan denies reports it’s assembling Iranian drones
The State Committee for the Defense Industry said that the country has never worked with Iran to produce weapons or military equipment
Astana Hub and IT PARK want their infrastructure to be combined
They are also planning to cooperate in developing the IT industry in the region
LG denies it’s planning to move its factory from Russia to Uzbekistan
Or Kazakhstan
Uzbekistan and the EU increase bilateral turnover
Exports between the two sides are increasing as well
HRW asks Kazakhstan not to extradite Karakalpak activists to Uzbekistan
It would be a violation of international law, says the organization
IMF improves its outlook for Uzbekistan’s economy
The country’s GDP is set to rise by 5.2%
Uzbek currency exchange introduces US dollar futures
The tool is designed to hedge potential risks
Uzbekistan increases purchasing of gold
The country ranks fifth in terms of purchasing gold
US government lifts ban on imports of cotton from Uzbekistan
The Department of Labor has announced the decision
EBRD forecasts economic growth in Central Asia
Despite geopolitical tensions
Kazakhstan’s meat producers shift their focus from Russia to Uzbekistan
The country is now the biggest source of meat products for its neighbor
Central Bank develops its network of ATMs in Uzbekistan
The government is trying to develop those niches businesses aren’t interested in
Trans-Afghan Railway to be built in five years
The project will include 136 bridges along the way
What projects in Uzbekistan the ADB invests in
Last year the bank allocated more than $500 million
International financial center may be established in Uzbekistan
The country sees three scenarios for the project
Uzbekistan pledges to keep the sovereign status of Karakalpakstan
The parliament has supported this decision
Uzbekistan wants to diversify its electricity market
At the expense of private players
UzAuto prepares for IPO
The company is going to offer investors stocks of up to $50 million