In state-owned banks, non-performing loans made up 4.1% of the total loan portfolio.
Uzbekistan
In addition to the Payariq Cluster, the supervisory authority has investigated 17 cotton clusters in the past three months.
The decree introduces reforms to the process of business inspections, with the overarching goal of reducing unnecessary inspections and focusing regul...
The plant, expected to be operational by late 2025, will create 300 new jobs.
Wanted suspect Djavlan Yunusov has been arrested in South Korea and extradited to Uzbekistan.
Their dismissals are reportedly connected to the assassination attempt on Komil Allamjonov. Sarvar Ashurov's brother, Alijon Ashurov, who served as th...
Uzbekistan's stock market has integrated with Bloomberg to enhance transparency, providing real-time access to key market data and attracting internat...
Uzbekistan's agricultural enterprises harvested over 1.7mn tons of melons and gourds, a 6.7% increase from last year.
Uzbekistan collaborates with UZINFOCOM and KfW Bank to advance digital healthcare reforms, focusing on modernization, efficiency, and improved patient...
Organized by the Swiss Embassy, this annual event brought together over 30 Swiss companies under the theme "Switzerland: Quality. Innovation. Reliabil...
The newly established office will oversee Eximbank’s activities in eight countries across the region, including Uzbekistan, Kazakhstan, Kyrgyzstan, Ta...
The park also plans to introduce dual training programs to equip workers with industry-specific skills.
Abdusalom Azizov, born in 1960, had been serving as the head of the State Security Service since February 2019.
In addition to manufacturing facilities, the zone will feature dual training programs to equip specialists with the necessary skills for industrial en...
According to available information, the dismissal may be related to the attempted assassination of the former head of the information department of th...
He has been serving as the Minister of Defense of Uzbekistan since February 11, 2019.
Saudi Flyadeal has launched direct flights between Jeddah and Tashkent, enhancing air connectivity between Saudi Arabia and Uzbekistan, particularly f...
Despite its achievement, Uzbekistan's apricot exports declined by 23% compared to 2023, a drop of approximately 13,000 tons.
Photographer's journey into antiques began with his love for photography, a passion that emerged during his childhood in the Soviet Union.
Scheduled from November 23 to 27, the event will take place at the Hyatt Regency Tashkent and Tashkent City Mall.
The partnership will focus on leveraging Mannai InfoTech’s offshore delivery center in Uzbekistan to expand IT services, support capacity-building, an...
The heightened controls are reportedly a response to the rising number of Turkmen nationals seeking to buy goods, including foodstuffs, unavailable in...
To date, Exim Bank of China has financed 51 projects in Uzbekistan, with a total value exceeding $3bn.
Uzbekistan budget 2025 projects 31.6% of revenue from key industries, led by the Navoi Mining and Metallurgy Company (17.7%) and Almalyk Mining and Me...
Uzbekistan participated in the British-Turkish Railways Forum in Ankara to discuss high-speed rail projects, infrastructure development, and potential...
Uzbekistan and Kuwait strengthened their trade and investment relations during the Uzbek-Kuwaiti Intergovernmental Commission meeting in Tashkent, foc...
Uzbekistan's Tashkent Khokimiyat and China’s CSCEC have finalized agreements on $1bn worth of infrastructure projects, including road modernizations,
Kazakhstan emerged as Uzbekistan's third-largest trading partner, after China and Russia.
Currently, more than 10mn people are engaged in mass sports throughout Uzbekistan.
Tajikistan remains the leading source of tourists to Uzbekistan. Since January, 1.878mn Tajik citizens have visited the country, nearly doubling the f...
The terminal aims to improve the efficiency of transcontinental logistics.
The event will take place in Tashkent on May 20-21, 2025.
USAID donated $205,000 worth of laboratory equipment to Uzbekistan's Plant Protection and Quarantine Agency (PPQA) to enhance plant health analysis, i...
President Shavkat Mirziyoyev outlined key measures for Samarkand's socio-economic growth in a meeting on November 20, with plans to invest $1.85bn in
As part of the discussions, both countries signed a memorandum of understanding to formalize their cooperation on railway infrastructure development.
Additionally, the president stressed the importance of implementing public-private partnership (PPP) projects worth $30bn.
The Kambarata HPP-1 project involves constructing a 256-meter dam on the Naryn River, a tributary of the Syr Darya, and a hydroelectric power station
The pipeline’s main entry point into China, the "Khorgos" gas compressor station, has been operational for over 5,000 days since its launch.
The China-Kyrgyzstan-Uzbekistan Railway project negotiations are on the verge of completion, set to transform trade and connectivity across Central As...
Uzbekistan and Kazakhstan collaborate to boost trade through the Aktau Sea Port, focusing on enhanced infrastructure, container transportation, and re...
ADB has approved a $250mn loan to support Uzbekistan’s transition to a sustainable, low-carbon economy by enhancing climate action, promoting renewabl...
Uzbekistan's inflation rate is expected to decrease from an estimated 9% in 2024 to a range of 5-6% by 2027.
Charges against the defendants include treason, plotting to seize power, fraud, and inciting hatred. According to available information, most defendan...
The privatization process of the National Interbank Processing Center (NMPC), which manages the Humo payment system, was officially launched in mid-Ju...
The certification scheme aims to prevent the trade in rough diamonds that fund violent groups or regional instability, ensuring that diamonds sold int...
To ensure governance continuity, the President of Uzbekistan has issued a decree allowing the existing Cabinet to continue its activities until a new
The government plans to expand social services to improve the integration of individuals with disabilities into society.
In the first half of 2024, Uzbekistan processed 270,000 tons of household waste, increasing the national recycling rate to 5.2%, as part of broader ef...