Uzbekistan

Uzbekistan investment story reaches critical mass as the first round of international capital arrives to invest into its burgeoning businesses

Ben Aris in Berlin June 19, 2025

Uzbekistan sees surge in foreign investor interest as green energy and private capital drive momentum.

TBC Uzbekistan boss Hughes building a Central Asian digital-only banking giant with retail, SME lending and AI services

Ben Aris in Tashkent June 19, 2025

Since it arrived in Uzbekistan in 2020 by taking over a fintech payment system, Georgia’s TBC has taken the market by storm. The country’s only pure online bank has grown by leaps and bounds and today has 1mn customers.

Central Asia has become “like a girl whose house is full of suitors”, analyst says

bne IntelliNews June 18, 2025

Powers including China, Russia, the US and the EU “all promise something to the bride” in scramble for resources such as critical minerals.

Turkey's Koc in a sweet spot in Uzbekistan's burgeoning real estate sector

Ben Aris in Tashkent June 18, 2025

The Uzbekistan real estate market has entered a sweet spot. A burgeoning population, rising capital inflows, a growing expat community and strong economic growth have combined to lift everyone’s boat.

The Navoi Mining & Metallurgical Combine is the jewel in Uzbekistan's golden crown

Ben Aris in Berlin June 18, 2025

The Navoi Mining & Metallurgical Combine is Uzbekistan’s crown jewel and the fourth largest gold mine in the world. It also epitomises the Central Asian republic’s efforts to modernise its economy.

Xi signs treaty to elevate China's ties with Central Asia at Astana summit

bne IntelliNews June 17, 2025

Document refers to "permanent good-neighbourliness and friendly cooperation". Chinese leader takes jab at US, saying trade and tariff wars "produce no winners".

Taliban ban women under 40 from entering Uzbekistan border trade hub

bne IntelliNews June 17, 2025

Termez market suffers sharp decline in footfall. Move a blow to efforts at building up economic relations with Afghanistan.

PANNIER: Central Asia’s space race

Bruce Pannier June 17, 2025

A satellite in orbit offers a nation prestige, essential data in handling natural disasters and, controversially, a blanket “kill switch” for the internet during unrest.

Kazakhstan awards Russia, China one nuclear plant project each, Uzbekistan revises its plan to include large facility

bne IntelliNews June 16, 2025

Solution favoured by Astana will help balance relations with Moscow and Beijing.

Israeli embassies worldwide suspend operations

bnm Gulf bureau June 13, 2025

Israeli diplomatic missions globally have suspended operations amid the ongoing Israeli military operation against Iran which has killed nearly 80 people.

Uzbekistan’s President Mirziyoyev strikes neutral stance in investment forum keynote speech

Ben Aris in Berlin June 12, 2025

“Uzbekistan has attracted $39bn of FDI in the last eight years, up 10-fold,” Uzbekistan’s President Shavkat Mirziyoyev told delegates to the fourth Tashkent International Investment Forum (TIIF) on June 10.

Uzbekistan top supermarket Korzinka raises $110mn to fund rapid expansion

Ben Aris in Tashkent June 12, 2025

Organised retail is growing fast in Uzbekistan, catering to the demands of a growing middle class for convenience and upmarket goods, but it remains in the early stages of development.

Central Asia’s agricultural sector facing heat this coming growing season

Eurasianet June 12, 2025

Dry and warm conditions expected to heighten irrigation needs.

CENTRAL ASIA BLOG: Tajikistan plays role as one of world’s pre-eminent water diplomats at glacier summit, but Rogun dam remains a hard sell

bne IntelliNews June 9, 2025

Experts from near and far met in Dushanbe to discuss danger posed by melting of giant ice sheets. But was “blue-washing” obscuring threat of titanic hydro project?

Russia bringing in de facto visa regime for Central Asia nationals, say critics

bne IntelliNews June 9, 2025

Rights campaigners, meanwhile, hit out at digital controls on migrants in country that they say will be used to corner people into joining armed forces.

Football heartbreak over for Uzbekistan as team scores Central Asia first by making World Cup

bne IntelliNews June 6, 2025

Coach, mobbed by players at post-match press conference, takes congratulatory call from president. It’s time to forget nightmare of 2006.

Central Asian states are sharing water resources

Eurasianet June 4, 2025

Hydropower is part of the equation.

Uzbekistan’s headline inflation drops to 8.7% in May from 10.1% in April

Mokhi Sultanova in Tashkent June 1, 2025

The monthly rate, however, rose sharply to 1.5%.

Taliban: Making an investment pitch

bne IntelliNews May 31, 2025

A lot may have changed, but the Taliban can’t escape recent history.

Water will one day be more valuable than oil in Central Asia, warns Tajik analyst

bne IntelliNews May 29, 2025

Melting of glaciers in Tajikistan’s mountains a grave threat to region’s water security.

Dismiss