Economy
Economy
Fitch Upgrades Uzbekhydroenergo Outlook to Positive at BB-
Fitch Ratings affirmed Uzbekhydroenergo's BB- credit rating and revised its outlook to Positive, citing Uzbekistan's macro reforms and the firm's improved governance.
FlyArystan Launches Urgench–Almaty Route Starting September 2026
Kazakhstan's low-cost carrier FlyArystan will launch twice-weekly direct flights between Urgench, Uzbekistan, and Almaty from September 3, 2026, boosting Central …
Fitch Upgrades Outlook on Three Uzbekistan State Utilities
Fitch revised outlooks on three Uzbekistan state utilities to Positive from Stable, following Uzbekistan's sovereign outlook upgrade on June 3, …
Uzbekistan Eyes 70% Jump in Russian Gas Imports to 11 BCM
Uzbekistan may increase Russian gas imports to 11 billion cubic meters — up 70% from 2025 levels — as Kazakhstan …
UzAuto Motors Net Profit Rises 7.8% Despite Revenue Dip
UzAuto Motors grew net profit to $339.6M in 2025 despite a 3.7% revenue decline, driven by financial income and a …
Uzbekistan, Japan Sign JICA Energy Efficiency Deals
Uzbekistan and Japan formalized two JICA-backed projects on energy efficiency in a high-level meeting, while expanding ties in agriculture, healthcare, …
Uzbekistan Fines Nika Farm for Using Historical Figures in Drug Ad
Uzbekistan's competition authority fined Nika Farm for a nasal spray ad depicting Amir Temur, Avicenna, Napoleon, and others as supposed …
Qanot Sharq Resumes Tashkent and Samarkand Flights to Tel Aviv
Qanot Sharq Airlines restores Tashkent–Tel Aviv and Samarkand–Tel Aviv routes from June 24, 2026, serving business, tourism, and personal travel …
Uzbekistan and Poland Eye Deeper Trade and Investment Ties
Uzbekistan's Ambassador met Poland's Chamber of Commerce leadership in Warsaw, agreeing to intensify business contacts, delegation exchanges, and bilateral economic …
Korean Auto Parts Makers Explore Uzbekistan Localization Deals
Eleven South Korean auto parts companies visited Uzavtosanoat's Localization Support Center in Tashkent, eyeing production cooperation across engines, brakes, and …