Economy
Economy
OPEC Fund contributes US$40 million financing to two wind farms in Uzbekistan
The OPEC Fund for International Development (the OPEC Fund) has signed two separate US$20 million loan agreements with ACWA Power to support the construction and …
Azimuth Airlines starts operating flights to Sochi from Samarkand
In the terminal of Samarkand International Airport, a solemn opening of a direct flight of the Azimuth Airlines between Samarkand …
The first international jewelry exhibition “Uzbek Jewelry Fair-2023” to be held in Tashkent
From 26 to 28 May, Tashkent will host the first premium international exhibition of jewelry, precious stones and equipment “Uzbek …
Prospects for cooperation between Uzbekistan and Lithuania discussed
On 4 April, the Chamber of Commerce and Industry of Uzbekistan hosted a meeting between Chairman of the Chamber of …
Uzbekistan moved up 6 positions in the UNIDO ranking in 2017-2020
Experts from the Institute for Macroeconomic and Regional Studies (IMRI) analyzed the development indicators of the manufacturing industry in 2017-2022 …
Uzbekistan - UAE: cooperation in the field of food production
Minister of Agriculture of Uzbekistan Aziz Voitov held talks with Andrey Dnibri, director of the food sector of the United …
ADB, MASDAR to unlock Uzbekistan’s renewable power potential with 3 new solar power plants
The Asian Development Bank (ADB) and Abu Dhabi Future Energy Company PJSC (Masdar) have signed three loans to build three …
AIIB supports Masdar’s solar power projects in Uzbekistan
The Asian Infrastructure Investment Bank (AIIB) has signed three new project finance loan agreements in the aggregate amount of USD83.6 …
EBRD finances close to 900 MW of renewable capacity in Uzbekistan
The European Bank for Reconstruction and Development (EBRD), which became fully aligned with the Paris Agreement at the start of …
ADB Forecasts 5% Growth for Uzbekistan in 2023 and 2024
Uzbekistan’s growth rate is expected to slow in 2023 as demand in the economy cools, especially in private consumption and …