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The Central. Asia

The Central. Asia

News from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan
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Category: Uzbekistan

Uzbekistan’s NMMC invests $23mn to expand Muruntau mine capacity
Categories Uzbekistan

Uzbekistan’s NMMC invests $23mn to expand Muruntau mine capacity

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • August 14, 2024

Navoi Mining and Metallurgical Company (NMMC) is set to invest over $23mn to expand the capacity of the Muruntau mine, the world’s largest open-pit…

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Uzbekistan joins top 5 in foreign student enrollment in South Korea
Categories Uzbekistan

Uzbekistan joins top 5 in foreign student enrollment in South Korea

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • August 13, 2024

Uzbekistan has secured a spot in the top five countries with the highest number of foreign students in South Korea, according to a recent…

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Tashkent Stock Exchange sees sharp decline in trading volume amid market slowdown
Categories Uzbekistan

Tashkent Stock Exchange sees sharp decline in trading volume amid market slowdown

  • By TheCentral.Asia
  • Estimated read time 3 min read
  • August 12, 2024

The Tashkent Stock Exchange (TSE) witnessed a substantial decline in trading volume this past week, with total turnover plummeting to $173,895 (UZS 2.2bn), marking…

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TezJet Airlines to commence regular Bishkek-Tashkent route with four weekly flights
Categories Uzbekistan

TezJet Airlines to commence regular Bishkek-Tashkent route with four weekly flights

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • August 12, 2024

TezJet Airlines has announced the commencement of regular passenger flights on the Bishkek-Tashkent route, with the inaugural flight set for September 3, 2024. The…

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“We have become prisoners of the policy of sanctions,” president of Uzbekistan
Categories Uzbekistan

“We have become prisoners of the policy of sanctions,” president of Uzbekistan

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • August 11, 2024

President Shavkat Mirziyoyev expressed deep concerns about the impact of global events on the region’s sustainable development at the Consultative Meeting of Central Asian…

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Uzbekistan’s Jalolov announces retirement after securing gold at Paris-2024 Olympic boxing final
Categories Uzbekistan

Uzbekistan’s Jalolov announces retirement after securing gold at Paris-2024 Olympic boxing final

  • By TheCentral.Asia
  • Estimated read time 1 min read
  • August 11, 2024

The final bouts of the Paris-2024 Olympic boxing matches ended as Uzbekistan’s Bakhodir Jalolov faced Ayoub Ghadfa from Spain. Jalolov won, securing another gold…

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“We are selling tonnes of gold to catch up with the dollar exchange rate” – Abdulla Abdukadirov
Categories Uzbekistan

“We are selling tonnes of gold to catch up with the dollar exchange rate” – Abdulla Abdukadirov

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • August 10, 2024

The challenges facing Uzbekistan’s economy largely stem from the Central Bank’s failure to maintain a neutral regulatory stance, according to economist Abdulla Abdukadirov. In…

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Kazakhstan and Uzbekistan agree to implement investment projects and trade contracts worth $7 bln
Categories Kazakhstan Uzbekistan

Kazakhstan and Uzbekistan agree to implement investment projects and trade contracts worth $7 bln

  • By TheCentral.Asia
  • Estimated read time 1 min read
  • August 9, 2024

At a bilateral meeting held on the margins of the business forum “Kazakhstan-Uzbekistan”, Deputy Prime Ministers of the two countries Serik Zhumangarin and Jamshid…

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“Due to the region’s geography, foreign trade cargo costs reach 50% of goods’ value—4-5 times higher than global average,” President Mirziyoyev
Categories Uzbekistan

“Due to the region’s geography, foreign trade cargo costs reach 50% of goods’ value—4-5 times higher than global average,” President Mirziyoyev

  • By TheCentral.Asia
  • Estimated read time 3 min read
  • August 9, 2024

President of Uzbekistan, Shavkat Mirziyoyev highlighted the challenges faced by the region in terms of foreign trade cargo transportation costs at the Consultative Meeting…

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Iranian startups drive $5mn technology park and shopping mall project in Uzbekistan
Categories Uzbekistan

Iranian startups drive $5mn technology park and shopping mall project in Uzbekistan

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • August 9, 2024

Plans for a new technology park and shopping mall in Margilan, Uzbekistan, have gained momentum with the involvement of Iranian startups. The project, announced…

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