Uzbekistan

Unicorn start-up Uzum is digitizing Uzbekistan

Ben Aris in Berlin March 28, 2024

In Uzbekistan a bold digital revolution is transforming society. Spearheading this transformation is Uzum, an e-commerce start-up which recently raised $52mn in funding, making it Uzbekistan’s first tech unicorn valued at over $1bn pre-money.

Chinese companies have become a locomotive for change in Central Asia, says EDB

Ben Aris in Berlin March 28, 2024

Chinese companies are actively investing in the Eurasian countries and have become a locomotive for change as the world becomes smaller. Now they are building ties with the multilateral development banks in the region.

Tajik media pick up on Russian Duma deputy’s call for migrant visa regime following terrorist attack

bne IntelliNews March 28, 2024

Central Asians in Russia, meanwhile, endure beatings, vandalism and racism in backlash.

Rain, rain go away

Ben Aris in Berlin March 27, 2024

The hotter the world gets, the more water the air can hold and the more it will rain.

Uzum crowned Uzbekistan’s first tech unicorn

bne IntelliNews March 27, 2024

E-commerce and fintech startup raises $114mn on valuation of $1.16bn.

Uzbekistan MTO: plastics in the steppe

Ben Aris in Bukhara March 27, 2024

Putin afraid of causing labour shortages by pointing finger at Central Asia for terrorist attack, says analyst

bne IntelliNews March 26, 2024

Kyrgyzstan warning citizens to stay away from Russia and Turkmenistan trying to bring students home.

Tajik diaspora in Russia living in terror following Crocus City massacre

Eurasianet March 25, 2024

Since the terrorist attack on Crocus City concert hall near Moscow, blameless Tajik migrants across Russia have experienced threats, verbal abuse and increased law enforcement harassment.

Uzbek oil company Saneg squeezes the last drop of oil from the tube

Ben Aris in Tashkent March 25, 2024

In 2019 the Cabinet of Ministers set up the company Saneg and transferred the ownership of 103 depleted oil fields to see if the company can squeeze a little more oil out of them, as Uzbekistan has an oil deficit and wants to reduce imports.

Ahead of Moscow attack UN report warned of growing Islamic State recruitment in Central Asia

bne IntelliNews March 25, 2024

Terrorist group’s Afghanistan-based ISIS-K branch has built to size and sophistication that give “ability to project a threat into the region and beyond”, Security Council was told.

Where water stress will be highest by 2050

Martin Armstrong for Statista March 24, 2024

Water is not only the basis of life for animals and plants but is also likely to become a contested resource in parts of the world in the coming decades, reports Statista.

Uzbekistan sets $5bn IT export goal by 2030

Ben Aris in Berlin March 24, 2024

Uzbekistan hopes to become the Central Asian IT hub and boost IT service exports to $5bn by 2030, according to a report by the World Bank Uzbekistan released on March 19.

China remains Uzbekistan top trade partners with $2.1bn in 2023

Ben Aris in Berlin March 24, 2024

China remained Uzbekistan top trade partner in the first two months of this year with a mutual trade turnover of $2.1bn, according to preliminary data from the Statistics Agency, Daryo reported on March 21.

UNESCO says Uzbekistan broke promises over Bukhara development

Eurasianet March 22, 2024

UNESCO says that Uzbekistan’s government has broken its promise to refrain from doing demolition and building work near historic zones in the city of Bukhara pending joint agreement on a master plan.

Saneg gives Uzbekistan's mature oilfields a second life

Newsbase March 20, 2024

Saneg, the private company tasked with giving Uzbekistan’s mature oilfields a second life, aims to ramp up oil production by 30% this year to 730,000 tonnes (14,700 bpd), its CEO Tulkin Yusupov said in a presentation in Tashkent last week.

China’s EV giant BYD wants curbs on “disorderly” imports in line with move into Uzbekistan

bne IntelliNews March 19, 2024

Critics of potential move say it could be bad news for the consumer.

Putin wins big in Central Asia, but Kazakhstan spoils party

Almaz Kumenov for Eurasianet March 18, 2024

There was a large turnout for a public assembly in Almaty held to register opposition to Putin's rule.

Uzbekistan, China eye joint uranium exploration

Eurasianet March 14, 2024

Tashkent is looking to an array of international partners to hit its ambitious output targets.

Uzbekistan’s IT outsourcing sector takes off

Ben Aris in Tashkent March 13, 2024

Uzbekistan is hoping to establish itself as a major IT outsourcing centre, able to compete with the likes of India, Belarus, Ukraine and Romania, and has already seen its export revenue grow exponentially in the last four years.

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