Uzbekistan is negotiating with BP over participation in a $2 billion oil and gas project in Ustyurt
The Ministry of Energy is holding preliminary negotiations with BP. The investors are SOCAR and Uzbekneftegaz (each holding a 50% stake together with the state). Seismic exploration covering more than 3,000 km is expected to begin by the end of 2025, followed by the drilling of the first well. Ustyurt is considered a promising oil region where gas was previously produced.
Теги
Finance
Uzbekistan will issue 1 trillion soums in mortgage bonds
SME lending will grow to 140 trillion tenge in 2026
In Uzbekistan, a bank card can be obtained independently starting at age 14
Government
Construction of a $100 million stadium has begun in New Tashkent
Mirziyoyev and Trump held talks at the White House
Uzbekistan will abolish visas for Americans from January 1, 2026
- The soum strengthened against the dollar
- Burger King is set to open in Uzbekistan within the next month or so
- Akfa will build a $600 million factory in the United States
- The Ministry of Internal Affairs announces the annual rating of banks that have experienced the most cyberattacks
- AVO Bank will issue 500 billion in deposit certificates with an annual interest rate of 22%
Economics
ВсеMacroeconomics of Uzbekistan and the world: GDP growth, foreign trade, investments, reforms. We explain how key processes work and who manages them.
Uzbekistan is negotiating with BP over participation in a $2 billion oil and gas project in Ustyurt
New rules on trust-based real estate management for realtors have been introduced in Uzbekistan
Unemployment in Uzbekistan has decreased
A salt processing industrial zone will be created in Karakalpakstan
Inflation expectations updated minimum
Mirziyoyev in the USA: Eximbank will finance Boeing and energy projects, DFC will open an office in Tashkent, GM will expand Chevrolet models
AMMC increased its profit by 35% to 8.3 trillion
Cashless payments in transport increased by 38%
Business
Navoiyuran increased its profit to 3.7 trillion soums
Beeline Uzbekistan increased its revenue by 12% to 2.864 trillion soums over nine months
Burger King is set to open in Uzbekistan within the next month or so
Investments
Burger King is set to open in Uzbekistan within the next month or so
Akfa will build a $600 million factory in the United States
A salt processing industrial zone will be created in Karakalpakstan
Banks
In Uzbekistan, a bank card can be obtained independently starting at age 14
The Ministry of Internal Affairs announces the annual rating of banks that have experienced the most cyberattacks
Microloan rates are decreasing for the second month in a row
Technologies
Uzum plans a pre-IPO round in Hong Kong in 2026, followed by an IPO in 2027
The Senate approved the AI law
Uzbekistan will launch a government AI portal by the end of the year and attract $1 billion in investments by 2030
