Ulugbek Shermatov, Chairman of the Committee on International Affairs, Defense, and Security of the Legislative Chamber of arliament, held a meeting with Wafa Jabr Nasser Al-Busaidi, the Ambassador Extraordinary and Plenipotentiary of Oman to Uzbekistan.
During the meeting, it was emphasized that the open and constructive foreign policies pursued by the leadership of both countries have facilitated the establishment of solid cooperation in a short period. Uzbekistan and Oman have also developed effective collaboration within international and regional organizations.
It was noted that the ties between the peoples of Uzbekistan and the Sultanate of Oman have a long history. Their strong trade connections, shared values, and traditions provide a reliable foundation for further developing this partnership.
The Omani ambassador expressed admiration for the democratic reforms implemented in Uzbekistan under the leadership of President Shavkat Mirziyoyev. He highlighted that the elections to Parliament and local councils were conducted openly and transparently, meeting international standards.
The ambassador also praised Uzbekistan’s wide-ranging initiatives to support women and enhance their participation in public life. He noted that the increase in the number of female deputies is a direct result of these policies.
Both sides acknowledged the successful development of cooperation in economic, cultural, and humanitarian spheres, stressing that both countries have ample opportunities to further strengthen their partnership. Special attention was given to expanding parliamentary cooperation and elevating it to a new level.
Reported by the Uzbekistan Daily.
On December 10, marking International Human Rights Day, a brief survey was conducted in Tashkent to explore public awareness of the organizations involved in protecting human rights in Uzbekistan.
A question posed in the survey was: “Which organizations in Uzbekistan do you know that defend human rights?” Surprisingly, the majority of...
On December 10, marking International Human Rights Day, a brief survey was conducted in Tashkent to explore public awareness of the organizations involved in protecting human rights in Uzbekistan.
A question posed in the survey was: “Which organizations in Uzbekistan do you know that defend human rights?” Surprisingly, the majority of...
The Central Bank of Uzbekistan reported a US$1.67 billion decrease in gold and foreign exchange reserves in November, bringing the total to US$41.5 billion.
The volume of foreign currency reserves dropped from US$9.2 billion to US$8.2 billion, reversing the growth seen in October when reserves increased from US$8.7 billion to US$9.2...
The Central Bank of Uzbekistan reported a US$1.67 billion decrease in gold and foreign exchange reserves in November, bringing the total to US$41.5 billion.
The volume of foreign currency reserves dropped from US$9.2 billion to US$8.2 billion, reversing the growth seen in October when reserves increased from US$8.7 billion to US$9.2...
Uzbekistan’s tech sector has come of age. Uzum is Uzbekistan’s leading tech giant and has doubled in size since its launch in 2022, and expects to double again in 2025. It has already raised more than $100mn this year, giving it a valuation of over $1bn that makes it the...
Uzbekistan’s tech sector has come of age. Uzum is Uzbekistan’s leading tech giant and has doubled in size since its launch in 2022, and expects to double again in 2025. It has already raised more than $100mn this year, giving it a valuation of over $1bn that makes it the...
Most of the highly liquid stocks traded on the Toshkent Republican Stock Exchange (RFSE) experienced a decline last week. Kursiv Uzbekistan examined the dynamics of securities.
From November 29 to December 6, the UCI stock index decreased by 1.1%. Compared to the previous week, most company shares did not grow significantly. However, some...
Most of the highly liquid stocks traded on the Toshkent Republican Stock Exchange (RFSE) experienced a decline last week. Kursiv Uzbekistan examined the dynamics of securities.
From November 29 to December 6, the UCI stock index decreased by 1.1%. Compared to the previous week, most company shares did not grow significantly. However, some...
On 10 December, President of Uzbekistan Shavkat Mirziyoyev held a meeting focused on the effective use of Tashkent region's potential, the creation of new jobs, and the attraction of investments.
Tashkent region holds significant opportunities in the fields of industry, agriculture, services, and tourism. Over the past seven years, the regional...
On 10 December, President of Uzbekistan Shavkat Mirziyoyev held a meeting focused on the effective use of Tashkent region's potential, the creation of new jobs, and the attraction of investments.
Tashkent region holds significant opportunities in the fields of industry, agriculture, services, and tourism. Over the past seven years, the regional...
Due to temporary restrictions on the operation of automobile gas stations in certain regions, caused by a cold front, the volume of automotive gasoline available for exchange trading will be temporarily increased by two times. This was announced by the press service of the Ministry of Energy of Uzbekistan.
According to...
Due to temporary restrictions on the operation of automobile gas stations in certain regions, caused by a cold front, the volume of automotive gasoline available for exchange trading will be temporarily increased by two times. This was announced by the press service of the Ministry of Energy of Uzbekistan.
According to...
Inflation expectations among citizens of Uzbekistan experienced a sharp rise in November, reaching the highest level since May, according to a survey conducted by the Central Bank of Uzbekistan.
The average projected inflation rate for the next 12 months increased to 13.7%, nearly a one-point jump compared to the previous month. The average...
Inflation expectations among citizens of Uzbekistan experienced a sharp rise in November, reaching the highest level since May, according to a survey conducted by the Central Bank of Uzbekistan.
The average projected inflation rate for the next 12 months increased to 13.7%, nearly a one-point jump compared to the previous month. The average...
This year, despite the challenges posed by global climate change, resource shortages, and population growth, Uzbekistan produced 9mn tons of grain, over 3mn tons of cotton, 16mn tons of vegetables and melons, 5mn tons of fruits and grapes, 4mn tons of potatoes, and more than 15mn tons of meat and...
This year, despite the challenges posed by global climate change, resource shortages, and population growth, Uzbekistan produced 9mn tons of grain, over 3mn tons of cotton, 16mn tons of vegetables and melons, 5mn tons of fruits and grapes, 4mn tons of potatoes, and more than 15mn tons of meat and...
Chinese investors are exploring opportunities to extract and process quartz and granite in the Navoi region of, the press service of the Uzbekistan's president reports.
On December 7, President Shavkat Mirziyoyev convened a meeting to discuss strategies for enhancing economic development, boosting employment, and increasing investment in the Navoi region. Known for...
Chinese investors are exploring opportunities to extract and process quartz and granite in the Navoi region of, the press service of the Uzbekistan's president reports.
On December 7, President Shavkat Mirziyoyev convened a meeting to discuss strategies for enhancing economic development, boosting employment, and increasing investment in the Navoi region. Known for...
UK Export Finance (UKEF) has guaranteed a €12.6 million ($13.25 million) loan to the Almalyk Mining and Metallurgical Complex (AMMC) in Uzbekistan. The loan will refinance the purchase of fully automated vehicles from the Scottish multinational company Weir and marks UKEF’s first agreement in Uzbekistan.
The loan, provided by the International Bank, aims...
UK Export Finance (UKEF) has guaranteed a €12.6 million ($13.25 million) loan to the Almalyk Mining and Metallurgical Complex (AMMC) in Uzbekistan. The loan will refinance the purchase of fully automated vehicles from the Scottish multinational company Weir and marks UKEF’s first agreement in Uzbekistan.
The loan, provided by the International Bank, aims...
The Ministry of Energy of Uzbekistan has outlined measures to ensure uninterrupted energy supplies as the country experiences a sudden cold wave.
According to the Ministry, the influx of cold air has led to a 20% increase in natural gas consumption and a 15% rise in electricity demand compared to the...
The Ministry of Energy of Uzbekistan has outlined measures to ensure uninterrupted energy supplies as the country experiences a sudden cold wave.
According to the Ministry, the influx of cold air has led to a 20% increase in natural gas consumption and a 15% rise in electricity demand compared to the...
The French company Electricité de France is undertaking two large-scale projects to construct power plants in Uzbekistan.
EDF is currently working on the development of a 1.6-gigawatt thermal power plant in the Syrdarya region.
The project, valued at US$1.2 billion, is expected to become one of the most energy-efficient facilities in...
The French company Electricité de France is undertaking two large-scale projects to construct power plants in Uzbekistan.
EDF is currently working on the development of a 1.6-gigawatt thermal power plant in the Syrdarya region.
The project, valued at US$1.2 billion, is expected to become one of the most energy-efficient facilities in...
Construction of the Sho‘rkul wind power plant has begun in the Gijduvan district of the Bukhara region, a US$700 million project involving Chinese investors. The plant is designed with a projected capacity of 600 megawatts.
As part of the project, infrastructure development includes the construction of roads, power substations, and a...
Construction of the Sho‘rkul wind power plant has begun in the Gijduvan district of the Bukhara region, a US$700 million project involving Chinese investors. The plant is designed with a projected capacity of 600 megawatts.
As part of the project, infrastructure development includes the construction of roads, power substations, and a...
The mayor of Tashkent, Shavkat Umurzakov, held a meeting with the president of the South Korean construction company BOMI Engineering & Construction, Kim Dok Yong.
Sh. Umurzakov discussed the ongoing reforms in Tashkent and the favorable investment climate, highlighting the city's support for foreign investors. He provided information on current and...
The mayor of Tashkent, Shavkat Umurzakov, held a meeting with the president of the South Korean construction company BOMI Engineering & Construction, Kim Dok Yong.
Sh. Umurzakov discussed the ongoing reforms in Tashkent and the favorable investment climate, highlighting the city's support for foreign investors. He provided information on current and...
A joint technopark between Bashkortostan and Uzbekistan is scheduled to open in Nurafshan by the end of 2025. The announcement was made by the Director of the Chirchik Chemical-Industrial Technopark, Zhokhangir Abdurakhmanov, during a session at the Yalta International Economic Forum held as part of the International Business Week in...
A joint technopark between Bashkortostan and Uzbekistan is scheduled to open in Nurafshan by the end of 2025. The announcement was made by the Director of the Chirchik Chemical-Industrial Technopark, Zhokhangir Abdurakhmanov, during a session at the Yalta International Economic Forum held as part of the International Business Week in...
Uzbekistan Railways is set to purchase 40 high-speed electric trains, according to Makhmudjon Takhirov, head of the logistics and marketing department of the state company. Fazil Sharipov, head of Uzrailpass, a subsidiary of Uzbekistan Railways, confirmed the news on December 7, stating that a tender for the purchase has already been announced.
The...
Uzbekistan Railways is set to purchase 40 high-speed electric trains, according to Makhmudjon Takhirov, head of the logistics and marketing department of the state company. Fazil Sharipov, head of Uzrailpass, a subsidiary of Uzbekistan Railways, confirmed the news on December 7, stating that a tender for the purchase has already been announced.
The...
Turkmenistan has inaugurated the newly reconstructed Farap Auto Roads customs post located on the border with Uzbekistan.
According to the State Customs Service of Turkmenistan, the reconstruction was part of the country's Customs Development Program for 2022-2028, aimed at improving transit corridors and modernizing border infrastructure.
The area of the customs...
Turkmenistan has inaugurated the newly reconstructed Farap Auto Roads customs post located on the border with Uzbekistan.
According to the State Customs Service of Turkmenistan, the reconstruction was part of the country's Customs Development Program for 2022-2028, aimed at improving transit corridors and modernizing border infrastructure.
The area of the customs...
Uzbekistan's burgeoning IT sector now employs over 100,000 individuals, according to data revealed during a presentation at the country’s embassy in France.
The event, titled "Harmonizing Public-Private Partnerships to Explore Trends and Opportunities in Information Systems, Databases, and Artificial Intelligence", showcased Uzbekistan’s advancements in information and communication technologies (ICT).
The presentation, organized...
Uzbekistan's burgeoning IT sector now employs over 100,000 individuals, according to data revealed during a presentation at the country’s embassy in France.
The event, titled "Harmonizing Public-Private Partnerships to Explore Trends and Opportunities in Information Systems, Databases, and Artificial Intelligence", showcased Uzbekistan’s advancements in information and communication technologies (ICT).
The presentation, organized...
The holiday on the Russian market ended quite quickly. On Monday, the indices were looking down again. By 14.30 Moscow time, the Moscow Stock Exchange index was falling by 2.1% and amounted to 2,518.08 points. The top of the growing papers was empty. "There was enough positivity in the market...
The holiday on the Russian market ended quite quickly. On Monday, the indices were looking down again. By 14.30 Moscow time, the Moscow Stock Exchange index was falling by 2.1% and amounted to 2,518.08 points. The top of the growing papers was empty. "There was enough positivity in the market...
The national Development Goals (NDC) announced by the authorities until 2030 remain unattainable even under the most optimistic scenarios, Russian scientists believe. By 2030, none of the federal districts will be able to fully achieve the required level of indicators in terms of fertility, wages, life expectancy or housing provision,...
The national Development Goals (NDC) announced by the authorities until 2030 remain unattainable even under the most optimistic scenarios, Russian scientists believe. By 2030, none of the federal districts will be able to fully achieve the required level of indicators in terms of fertility, wages, life expectancy or housing provision,...
The positive foreign trade balance of Russia in January-October 2024 increased by 8.3% compared to the same period in 2023 and amounted to $124.6 billion.
According to data published on Tuesday by the Federal Customs Service (FCS) on export-import, exports of goods from Russia in January-October 2024 increased by 0.9% year-on-year...
The positive foreign trade balance of Russia in January-October 2024 increased by 8.3% compared to the same period in 2023 and amounted to $124.6 billion.
According to data published on Tuesday by the Federal Customs Service (FCS) on export-import, exports of goods from Russia in January-October 2024 increased by 0.9% year-on-year...
There are two banks left in Russia that issue cards of the Chinese UnionPay payment system, which once became a replacement for Visa and Mastercard that left the country. A few years ago, there were five to six times more offers, experts interviewed by Rossiyskaya Gazeta say. But there are...
There are two banks left in Russia that issue cards of the Chinese UnionPay payment system, which once became a replacement for Visa and Mastercard that left the country. A few years ago, there were five to six times more offers, experts interviewed by Rossiyskaya Gazeta say. But there are...
Norilsk Nickel has increased its forecast for a surplus of copper on the global market in 2024 to 200 thousand tonnes amid reduced fears of a shortage of supply and vulnerability of demand, according to a metal market review published on Tuesday.
In August, Norilsk Nickel predicted a global market surplus...
Norilsk Nickel has increased its forecast for a surplus of copper on the global market in 2024 to 200 thousand tonnes amid reduced fears of a shortage of supply and vulnerability of demand, according to a metal market review published on Tuesday.
In August, Norilsk Nickel predicted a global market surplus...
The government of the Trans-Baikal Territory announced that an agreement has been reached with China on the so-called permit this is an additional exchange of permits for cargo transportation until the end of 2024. 6,000 new Chinese permits will arrive in the region and will begin to be distributed from...
The government of the Trans-Baikal Territory announced that an agreement has been reached with China on the so-called permit this is an additional exchange of permits for cargo transportation until the end of 2024. 6,000 new Chinese permits will arrive in the region and will begin to be distributed from...
The People's Bank of China (PBOC) will continue to ease monetary policy in 2025, according to reports published following a meeting of the Politburo of the Central Committee of the Communist Party of China (CPC Central Committee). Over the past 14 years, such a signal was given for the first...
The People's Bank of China (PBOC) will continue to ease monetary policy in 2025, according to reports published following a meeting of the Politburo of the Central Committee of the Communist Party of China (CPC Central Committee). Over the past 14 years, such a signal was given for the first...
According to the Chinese Centre for Foreign Exchange Transactions, today, compared with the previous trading day, the central parity rate of the Chinese yuan against the US dollar weakened by 26 basis points to 7.1896 yuan per dollar.
On the previous trading day, the exchange rate of the yuan against the...
According to the Chinese Centre for Foreign Exchange Transactions, today, compared with the previous trading day, the central parity rate of the Chinese yuan against the US dollar weakened by 26 basis points to 7.1896 yuan per dollar.
On the previous trading day, the exchange rate of the yuan against the...
Since the beginning of this year, China has continued to actively build railways in the country. This was announced on Tuesday by the Chinese State Railway Corporation /China Railway, KGZHK/.
The volume of investments in fixed assets of China's railways from January to November 2024 reached 711.7 billion yuan (about 99...
Since the beginning of this year, China has continued to actively build railways in the country. This was announced on Tuesday by the Chinese State Railway Corporation /China Railway, KGZHK/.
The volume of investments in fixed assets of China's railways from January to November 2024 reached 711.7 billion yuan (about 99...
China's domestic demand, the main engine of growth in the world's second-largest economy, has huge potential for continuous growth, officials said during a round table on the economy broadcast on Monday.
The country has ample opportunities to stimulate domestic demand by increasing investment and consumption, officials said at the 9th meeting...
China's domestic demand, the main engine of growth in the world's second-largest economy, has huge potential for continuous growth, officials said during a round table on the economy broadcast on Monday.
The country has ample opportunities to stimulate domestic demand by increasing investment and consumption, officials said at the 9th meeting...
