Finance
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Economy
Uzbekistan Implements Stricter Credit Policy Starting July 1
Under the new policy, the Central Bank will introduce a debt burden indicator for the population, measuring the ratio of…
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Economy
Kazakhstan to Launch Trading House in Dubai
According to Arman Shakkaliev, Minister of Trade and Integration of Kazakhstan, the Kazakhstan trading house is scheduled to open in…
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Economy
Yandex Go Introduces Electronic Receipts for Cash Payments in Uzbekistan
The recent launch of the Receipt application in December, marks the introduction of trip fiscalization by the taxi aggregator. Currently,…
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Featured
Dollar Exchange Rate in Uzbekistan Reaches All-Time High
The official dollar exchange rate in Uzbekistan has hit a historical peak twice since the beginning of the year, surpassing…
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Economy
“Investor Secured for Construction of Central Asia International Industrial Cooperation Center”
Following a competition organized by the Akimat of the Turkestan region on February 7, 2024, TCL Gr. LLP emerged as…
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World
Turkish Citizen Extradited from Baku to Kazakhstan for Alleged Involvement in Transnational Crime
According to the Prosecutor General’s Office of the Republic of Kazakhstan, a Turkish national has been extradited from Azerbaijan to…
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Economy
EBRD Purchases 5% Stake in Air Astana, Aims for Sustainability and Expansion
The European Bank for Reconstruction and Development (EBRD) has acquired a 5% stake in Air Astana through an initial public…
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Economy
Uzbekistan’s Currency, the Som, Faces Devaluation Challenges
Recent reports indicate that the Uzbek som has been included in a list of devalued currencies, reflecting significant weakening against…
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Economy
Kazakhstan to Implement 180 New Industrial Projects Worth 1.2 Trillion Tenge in 2024
In the preceding year, a significant milestone was reached with the implementation of 170 projects valued at 928 billion tenge…
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Economy
Smailov: EAEU Mutual Trade Surpasses $85 Billion Mark
Present at the meeting were the heads of government from Armenia, Belarus, Kazakhstan, and Russia, alongside the First Deputy Chairman…