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The Frankfurt am Main Regional Court has revoked the validity of search warrants used to raid the luxury home of Uzbek-born Russian tycoon Alisher Usmanov, Der Spiegel reported on May 26.
Leaders of the Eurasian Economic Union gathered in the Kremlin for a summit on May 25, as Russia takes over the chairmanship pursues a strategic break with Europe.
Heavy investment into a few mega projects means that power-hungry Uzbekistan now has about 2.6 GW of green energy capacity, ahead of Kazakhstan – the first country in Central Asia to invest into renewable power.
Some observers conclude, however, that the big event produced lots of rhetoric and little action.
Saudi Arabia's ACWA Power has announced plans to construct green hydrogen and wind projects in Uzbekistan. In partnership with state-owned Uzkimyosanoat, it will implement green hydrogen projects ...
The vice chief of Korea's financial regulator, Kim So-young, last week spent four days in Kyrgyzstan and Uzbekistan facilitating overseas business expansions by Korean financial firms and joint ...
The Uzbek government is planning to privatise several state-owned enterprises by floating their shares on the Tashkent Stock Exchange (TSE) and has turned its attention to getting them ready, but the market remains narrow and shallow.
Uzbek official cited as saying “negotiations with the Afghan side are held on a regular basis, but in a closed mode so as not to disturb society”.
The scale of the country's methane emissions is becoming a major embarrassment, but the government seems unwilling to do anything about it. This and more in this week's Eurasianet Akhal-Teke bulletin.
Entrepreneurs from Uzbekistan and China agreed to push ahead with $25bn worth of projects on the sidelines of a business forum in China. Some 41 documents aimed at deepening cooperation between ...
Beijing woos region at a time when Russia is too distracted by the Ukraine war to focus effectively on its backyard.
The first investments are due to begin in six counties in sub-Saharan Africa in 2025.
The Uzbek government is going to continue to focus on economic stability, bringing inflation down, making the country more attractive to international investors and boosting trade with World Trade Organisation (WTO) membership.
Stans were eager for red carpet treatment. Notably, Russia was not invited.
Uzbekistan is experiencing a surge in the supply of rental housing, Spot.uz has reported. The number of home rental ads placed on the Olx platform in 1Q23 leapt by 40% y/y. Whereas in 2022, y/y ...
Uzbekistan’s deputy prime minister for investment and foreign economic relations, Jamshid Khodjayev, has outlined remaining steps Tashkent needs to take on the path to joining the World Trade ...
Inflation has peaked in Emerging Europe, Central Asia and North Africa, but rising gas prices in the coming winter will keep pressure on household finances, the European Bank for Reconstruction and ...
Minister seeks to reassure investors after third revolution and nationalisation of gold mine Kumtor.
International payments company believes Uzbekistan can be a hub for operations across Central Asia.