Uzbekistan

Uzbekistan resurrects its heroes in a search for its identity

Ben Aris in Tashkent September 8, 2019

Academics say nation's young post-Soviet generations need to discover the past to find out who they really are as they build a modern country. Memories of figures such as Tamerlane and the Uzbek who gave the world the zero are being revived.

Uzbekistan banking on international investors

Ben Aris in Tashkent September 4, 2019

As country opens up, tastiest of the low-hanging fruit is seen in the banking sector.

Opening up of Uzbekistan: Tourism reaches Alexandria on the Oxus

Ben Aris in Termez September 2, 2019

Uzbekistan, a young, hospitable country with a very ancient history, is the second most freely accessible nation in the world, Deputy PM Aziz Abdukhakimov told bne IntelliNews in an exclusive interview in front of ruins opened to tourists.

TASHKENT BLOG: Wandering along the Silk Road

Ben Aris in Tashkent August 29, 2019

Uzbekistan has made huge strides under its new reform-minded leader. He’s pulling out all the stops. A “rabbit loans” scheme literally enabling poor people to buy bunnies for food and fur may have fizzled but for investors there's a hot scene.

Central Asian currencies track ruble in hitting slippery slope

bne IntelliNews August 28, 2019

Kazakh, Uzbek and Tajik currencies slide to new lows. Pressures include over-dependence on Russian economy and US-China trade war impacts. Oil price weakness hurts Kazakhstan.

Stagnation in Russia: how many opportunities are there for international (investment) banks in the rest of the CIS region?

Gunter Deuber of Raiffeisen Research in Vienna August 28, 2019

Russia is not a growing market for international banking and capital market business at present. That's why people like to look for business and deal opportunities in smaller regional markets in the CIS region.

FUNDS: Asia Frontier Capital pioneering foreign investments into Uzbek stocks

Ben Aris in Tashkent August 23, 2019

The Uzbek stock market is about to get a boost from a new law that will ease restrictions on the foreign ownership of bank shares that make up the bulk of trading on the exchange.

Uzbek central bank to lift all limits on exchange fluctuations

Kanat Shaku in Almaty. August 22, 2019

Five-percent restriction on rate movement cancelled with rates to “now be determined by the buyers and sellers”.

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