Over the past two decades, the Central Asian Regional Economic Cooperation (CAREC) Program has invested $51bn across Central Asia, with more than $9bn directed toward projects in Kazakhstan alone. At ...

Uzbekistan’s private airline Fly Khiva is set to begin passenger flights in December, operating both domestic and international routes. The airline will utilize two Boeing 757-300 aircraft leased from ...

President Shavkat Mirziyoyev departed for Saudi Arabia on November 11 on an official visit, following an invitation from King Salman bin Abdulaziz Al Saud. According to the President’s press service, ...

UzAuto Motors has established a commanding presence in Uzbekistan's automotive sector, holding 84% market share as of 2023, according to a report by KPMG Uzbekistan. The report highlights growth in ...

Uzbekistan recently became one of the first countries in Central Asia to request a full public governance review from the OECD, reflecting a strong commitment to modernizing its governance structures.

Uzbekistan’s recently released 2025 budget report provides a detailed overview of the nation’s consolidated budget indicators, including revenue, expenditure, and deficit levels, from 2024 through ...

Uzbekistan’s 2025 state budget reveals an optimistic outlook for GDP per capita, with projections indicating steady growth through 2027. This measure of economic productivity and average individual ...

Minister of Transport Marat Karabaev announced the readiness for transporting the new grain harvest during a recent government meeting, reporting a 24% y/y increase in grain cargo transportation by ...

The Europe-Uzbekistan Association for Economic Cooperation (EUROUZ) is pleased to announce the European Economic Days 2024, set for November 6-7 at the Hilton Tashkent City. This flagship event will ...

“In Korea, we don’t have many natural resources, but we have the technology to add value,” Prof. Kim explained, emphasizing the importance of refining processes for metals with high melting points ...

The United States has imposed new sanctions targeting companies and individuals aiding Russia's defense industry, with Uzbek companies Uzstanex and The Elite Investment Group included in the latest ...

Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD), is scheduled to visit Kazakhstan from October 31 to November 1, 2024. This visit will include discussions ...