Uzbekistan
PANNIER: Central Asia faces tough race against clock to prevent water crisis
Region in no doubt that climate change has arrived. Efforts to save critical resource taking on more urgency.
War for citizenship: Why Uzbeks fight for Russia
The Uzbek government is actively discouraging citizens from becoming mercenaries.
Top Uzbek e-commerce and fintech player Uzum posts $100mn in 9M24 net income
Express delivery service now significant revenue stream. Users represent third of Uzbekistan’s population.
URUS-ClearPic: M&A in Central Asia Tracker
In recent years, the economies of Central Asia have witnessed various mergers and acquisitions driven by economic restructuring, geopolitical developments and opportunities arising from regional connectivity initiatives.
Ukraine war fuelling a manufacturing and FDI boom in the CIS
The war in Ukraine is fuelling a FDI and manufacturing boom in the Commonwealth of Independent States (CIS) as local entrepreneurs rush to fill the gaping holes left in Russia’s supply chains by departing Western firms, reports Oxford Economics.
PANNIER: Sparks fly in Moscow, Tashkent relations as consulate calls on Uzbeks to stay out of Russian Army
Tensions rise further as lawmaker rebuffs idea of Uzbekistan joining Russia-led trade bloc, two days after Kazakhstan’s “No” to BRICS.
Central Asian states make progress in addressing hunger
Tajikistan remains a country of concern.
Uzbekistan’s foreign trade $48bn in 9M24, exports grow amid $8.7bn deficit
Headline figure reflects year on year increase of $3.5bn, or 7.7%. China stays ahead of Russia as biggest trade partner.
NMMC takes Uzbekistan’s gold mining industry to the global stage
NMMC’s first deputy CEO Eugene Antonov talks to bne IntelliNews about the gold mining major’s plans after its $1bn debut Eurobond issuance.
Not even a drop of Amu Darya river reaching Aral Sea, says report
“This is the hardest decision for us. Our priority is the immediate needs of our people,” local lawmaker says, describing how water is so scarce, nothing remains for what’s left of the Aral.
Aggressive “furry movement” teens made up as cats and dogs face crackdown in Uzbekistan
“Quadrobers” crawl on all fours, meowing, purring, barking and howling, requesting pats, strokes and chin tickles from passersby. But it’s not all innocent, it seems.
Kyrgyzstan’s giant Kambarata hydro ambition awaits World Bank feasibility, cost updates
To verify cost-effectiveness, estimated price tag of $4.5bn-5bn will be revised in line with latest market situation.
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Taliban warn Uzbek border town to kill the music or face Afghan trader ban
Islamic fundamentalists get cranky over concerts held at new Airitom Free Economic Zone.
Uzbekistan’s Navoi gold mining giant issues debut $1bn Eurobond
Uzbekistan’s gold mining national champion Navoi Mining & Metallurgical Combine (NMMC) has issued its debut $1bn Eurobond on October 10.
Kyrgyzstan facing growing winter power shortfall as demand growth outpaces investment plans
Though water levels are up at hydropower reservoirs, hot summer was a big drain on electricity reserves as air conditioners were cranked up.
Deputy head of Uzbek presidential press service resigns to move into private sector
Komil Allamjonov is an associate of the president's daughter, Saida Mirziyoyeva. Together they co-founded the Public Fund for the Support and Development of National Mass Media.
Five Turkic states give nod to common Latin alphabet
Expect to hear some grumbles from the purveyors of Cyrillic in Moscow.
URUS/CLEARPIC: Uzbekistan privatisation tracker
Privatisation in Uzbekistan is no new idea. Under the late President Islam Karimov, programmes in the late 1990s and 2000s existed and were ambitious. But while some small state-owned enterprises were sold, valuable companies remain state-owned.
Uzbekistan records 84% y/y rise in medical tourist visits in 8M24
More than two-thirds of trips made by Tajiks. Country has a growing role as a regional healthcare tourism hub.
Uzbekistan joins Kyrgyzstan in committing to October start on China-Kyrgyzstan-Uzbekistan railway construction
Financing for CKU edging forward with finalised commitments still to be hammered out.