Uzbekistan

PANNIER: Gulf investment commitments to Central Asia rival sums once pledged by China

Bruce Pannier April 19, 2024

Since Russia lost leverage in the region after invading Ukraine, many countries have sought to fill the gap. In terms of pledged capital, the Arab nations have become big players.

CENTRAL ASIA BLOG: Cautionary tale as onion prices crash amid glut on a "tragic" scale

Tawney Kruger in Tashkent April 18, 2024

Farmers who rushed for promised profits floored across the region.

Eurasia has 20 major petrochemical projects underway worth over $200bn to double plastics production

Ben Aris in Berlin April 18, 2024

Eurasia has 20 major petrochemical projects underway worth over $200bn to double plastics production.

Tajik foreign minister hits out at Russia’s apparent torturing of terrorism accused

bne IntelliNews April 14, 2024

"Use of torture in form of bodily mutilation unacceptable. Price of confessions extracted this way well known to everyone," says Sirojiddin Muhriddin.

Central Asian states have a coal dependency problem – report

Eurasianet April 14, 2024

Coal addiction in Kazakhstan and Kyrgyzstan fuels regional global warming conundrum.

PANNIER: Caspian military drills that exclude Russia and Iran have some people in Moscow asking questions

Bruce Pannier April 12, 2024

Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan going ahead with “Birlestik-2024”. Russian consternation is growing.

EBRD announces profit of €2.1bn in 2023

bne IntelliNews April 11, 2024

The European Bank for Reconstruction and Development (EBRD) has announced a significant rebound in its financial performance, recording a robust profit of €2.1bn for the year 2023, up from losses of €1.1bn in 2022.

Ukraine recruiting war mercenaries from Tajikistan, Russia’s security council chief reported as saying

bne IntelliNews April 3, 2024

Nikolai Patrushev said to have claimed Kyiv is running the recruitment via an operation at its embassy in Dushanbe.

Unexplained spill fuels concern about Afghan canal project

Eurasianet April 3, 2024

Is Uzbekistan engaging in quiet water diplomacy?

Unicorn start-up Uzum is digitising Uzbekistan

Ben Aris in Berlin March 28, 2024

In Uzbekistan a bold digital revolution is transforming society. Spearheading this transformation is Uzum, an e-commerce start-up which recently raised $52mn in funding, making it Uzbekistan’s first tech unicorn.

Chinese companies have become a locomotive for change in Central Asia, says EDB

Ben Aris in Berlin March 28, 2024

Chinese companies are actively investing in the Eurasian countries and have become a locomotive for change as the world becomes smaller. Now they are building ties with the multilateral development banks in the region.

Tajik media pick up on Russian Duma deputy’s call for migrant visa regime following terrorist attack

bne IntelliNews March 28, 2024

Central Asians in Russia, meanwhile, endure beatings, vandalism and racism in backlash.

Rain, rain go away

Ben Aris in Berlin March 27, 2024

The hotter the world gets, the more water the air can hold and the more it will rain.

Uzum crowned Uzbekistan’s first tech unicorn

bne IntelliNews March 27, 2024

E-commerce and fintech startup raises $114mn on valuation of $1.16bn.

Uzbekistan MTO: plastics in the steppe

Ben Aris in Bukhara March 27, 2024

Putin afraid of causing labour shortages by pointing finger at Central Asia for terrorist attack, says analyst

bne IntelliNews March 26, 2024

Kyrgyzstan warning citizens to stay away from Russia and Turkmenistan trying to bring students home.

Tajik diaspora in Russia living in terror following Crocus City massacre

Eurasianet March 25, 2024

Since the terrorist attack on Crocus City concert hall near Moscow, blameless Tajik migrants across Russia have experienced threats, verbal abuse and increased law enforcement harassment.

Uzbek oil company Saneg squeezes the last drop of oil from the tube

Ben Aris in Tashkent March 25, 2024

In 2019 the Cabinet of Ministers set up the company Saneg and transferred the ownership of 103 depleted oil fields to see if the company can squeeze a little more oil out of them, as Uzbekistan has an oil deficit and wants to reduce imports.

Ahead of Moscow attack UN report warned of growing Islamic State recruitment in Central Asia

bne IntelliNews March 25, 2024

Terrorist group’s Afghanistan-based ISIS-K branch has built to size and sophistication that give “ability to project a threat into the region and beyond”, Security Council was told.

Where water stress will be highest by 2050

Martin Armstrong for Statista March 24, 2024

Water is not only the basis of life for animals and plants but is also likely to become a contested resource in parts of the world in the coming decades, reports Statista.

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