trade

A branch of a Hong Kong bank may open in Tashkent

Uzbekistan avoided EU sanctions thanks to strict compliance and cooperation with Europe

Uzbekistan and the EU signed an Enhanced Partnership Agreement after three years of negotiations

The Central Bank forecasts the emergence of at least 10 Islamic banks by 2030

Uzbekistan and the EU agreed on projects worth €10 billion

US President’s Special Envoy to Visit Uzbekistan to Discuss Economy and Security

Agat Credit is placing 40 billion soums worth of bonds at an annual interest rate of 27% before transforming into a bank

Dubai Taxi is ready to hire 200 Uzbek drivers

Uzbekistan’s economy grew by 7.6% in nine months, exceeding forecasts

All new residential complexex from 2026 must have names in the state language

The Central Bank reduced the inflation forecast to 8% and maintained the rate at 14%

Electricity consumption in Uzbekistan will double by 2035

The UAE is preparing a project to implement AI in the State Administration of Uzbekistan

Authorities banned fake discounts and obligated sellers to indicate real prices

Uzbekistan generated 9 billion kWh of “green” energy, saving 2.73 billion cubic meters of gas.

Uzbekistan abolished visas for six Arab countries and accelerated the processing of business visas

Tashkent launched raids against illegal advertising on cars

Uzbekistan reduced gas and oil production but increased coal production

Agat credit is being transformed into a microfinance bank

Garant bank leads in problem loans with a share of 9.9%

The dollar continued to rise, reaching 12,129 soums

Uzbekistan aims for a BBB+ rating and 12 IPOs until 2028

Uzbekistan to Implement AI for Earthquake Forecasting

Kyzylkumcement reduced its losses by 4 times, but its interest expenses increased threefold

Biznes Finans puts up 25 billion soums worth of bonds with an annual yield of 28%

Microfinance organizations received the right to Islamic financing

Tashkent’s budget has increased, but it has become less transparent

Open Bank has increased its user base by 10 times in a month

Poytaxt Bank has appointed a new deputy head of the board from the Aloqabank team

The money supply of Uzbekistan increased to 333.7 trillion soums, while cash increased by 22%