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 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.
Central Asians in Russia, meanwhile, endure beatings, vandalism and racism in backlash.
The hotter the world gets, the more water the air can hold and the more it will rain.
E-commerce and fintech startup raises $114mn on valuation of $1.16bn.
Kyrgyzstan warning citizens to stay away from Russia and Turkmenistan trying to bring students home.
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.
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.
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.
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 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 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 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, 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.
Critics of potential move say it could be bad news for the consumer.
There was a large turnout for a public assembly in Almaty held to register opposition to Putin's rule.
Tashkent is looking to an array of international partners to hit its ambitious output targets.
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.