Removal of capital controls new milestone for investors in Uzbek stocks

Mark van Loon March 14, 2019

Tashkent broker trades shares for foreign investor on nascent local stock market and repatriates proceeds in USD to Hong Kong.

Russia’s MTS pays $850mn fine for bribing Uzbekistan’s Gulnara Karimova

Ben Aris in Berlin March 8, 2019

Russia’s leading mobile phone company Mobile TeleSystems (MTS) has agreed to pay a $850mn fine to the US Department of Justice to settle a case connected to bribes it paid to Gulnara Karimova, daughter of Uzbekistan's former president.

Court sends daughter of late Uzbek autocrat to prison after alleged house arrest violation

bne IntelliNews March 7, 2019

Precise whereabouts of Islam Karimov’s disgraced eldest daughter Gulnara Karimova, described as a "robber baron" by US officials, now known.

Nearly all the countries of Eastern Europe made progress in improving the rule of law

bne IntelliNews March 6, 2019

World Justice Project's annual rule of law index shows improvements, but drilling into the subfactors big disparities persist.

Floods of foreign companies coming to Uzbekistan to implement projects

bne IntelliNews February 21, 2019

The most populous country in Central Asia and a natural production base, Uzbekistan remains almost untouched by foreign investors -- until now. Foreign companies are flooding into the country to look for opportunity