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Georgia's leading bank is expanding its international operations and investing in cutting-edge banking technologies.
Tashkent is eager not to be seen as endorsing anti-war positions.
High interest in EVs and hybrids a plus for many brands from China as they aim to make quick inroads.
Russia’s sanctioned Uzbek-born metals tycoon Alisher Usmanov is worth an estimated $19bn and made his money in Russia. But these days he spends most of his time in his native country helping with reforms.
Russia’s invasion of Ukraine has weakened its influence in Central Asia, especially in Kazakhstan. Russia is no longer a regional hegemon, which may increase regional instability. Tensions between Kyrgyzstan and Tajikistan are especially dangerous.
As the leading privately owned company in the country and a large employer, Artel is trying to lead by example and promote best and responsible ESG business practices in Uzbekistan, the company said in its recently released progress report for 2022.
Gone is the era when Uzbekistan’s late president Islam Karimov was walling off his country from its immediate neighbours.
Tales of families sleeping in cars that are warmer than homes as cold front brings sub-zero temperatures not experienced in half a century.
Word of rejected proposal comes as many Uzbeks shiver with no gas amid big winter freeze.
Jahangir Artykhodjayev reportedly detained at airport trying to leave country. Prosecutor General's Office ordered to examine officials’ lack of preparation for severe cold.
Endures 2022 without IPO, fails to attract enough domestic and foreign capital.
Mutual FDI stock in the Commonwealth of Independent States (CIS) countries grew fast until Russia went into recession in 2012, when its GDP growth sank to zero. However, it soon started to recover, with Russia playing the leading role in the region.
Central Asia is bouncing back from the coronavirus pandemic and after three decades of growth, incomes have risen to a point where a middle class is emerging in the steppe. And nothing says middle class more than a hoover.
A team led by Ilker Aiji, chairman of Turkish Airlines between 2015-2022, is to work on ...
While households are struggling to deal with a heating crisis, some private enterprises have been able to receive steady supplies of gas.
Tashkent’s coolness towards scheme that would also involve Kazakhstan will be seen as another sign of growing fissure between Russia and Central Asia. Kremlin claims pact would have no political strings.
Atabek Nazirov, head of Uzbekistan’s Direct Investment Fund (UzDIF), has emphasised key aspects Uzbekistan can boast of in terms of investment attractiveness. During the 26th session of the ...
Kazakh President Kassym-Jomart Tokayev was on the road this week making his first diplomatic trips following his re-election and symbolically chose to meet Russia's Putin first, but just as symbolically chose to meet France's Macron the next day.
Automaker is preparing to list as one of a series of People's IPOs of major Uzbek enterprises.