Xalq Retail (which means “People’s retail” in Uzbek) was only set up in 2020 and has 10 stores but intends to become the leading supermarket chain in the Central Asian market that is home to tens of millions of people.
The president claimed “trained militants” were behind nationwide unrest in January. Ten months later, no evidence has come to light supporting his claim.
Inflation appears to be under control in Uzbekistan and to have peaked in Georgia and Armenia, but with prices still rising in Kazakhstan the regulator is ready to raise rates “as much as necessary,” the countries' central bank governors said.
Traditional Mongolian chess dates back to the Great Mongol Empire. It is thought at least a third of Mongolia’s population know how to play the game.
President Kassym-Jomart Tokayev’s team sees re-election with a sweeping mandate as the end to a transition that began in 2019.
Hundreds of delegates gathered in the legendary Silk Road city of Samarkand in Uzbekistan on November 3 for the second Uzbekistan Economic Forum to learn about the progress the country has made during these crisis years and its plans for the future.
Exchange, with average daily trading of $700,000, lately approved for inclusion in FTSE Russell Frontier Index.