Economy
Economy
Fitch Ratings downgrades Uzmetkombinat’s rating to ‘B+’
Fitch Ratings has downgraded the long-term issuer default rating (IDR) of Uzbek Metallurgical Plant (Uzmetkombinat, UMK) to ‘B+’ from ‘BB-’, with a Stable outlook.
Breaking Barriers: How Financial Inclusion Is Unlocking the Potential of Women Entrepreneurs in Uzbekistan
In her shop, Dono Zupparhanova carefully curates a selection of colorful bed linens and towels, each item a testament to …
NMMC to participate in PDAC exhibition and conference
Navoi Mining and Metallurgical Company (NMMC), the world's fourth-largest gold producer, will participate in the Prospectors & Developers Association of …
Tashkent hosts inaugural meeting of the “CT TECH+” Program for Uzbekistan
On 27 February, Tashkent hosted the official presentation of the “CT TECH+” program for Uzbekistan. This initiative is part of …
Uzbekistan and Pakistan discuss transport and logistics cooperation
As part of the official visit of Pakistan’s Prime Minister Shehbaz Sharif, Chairman of the Uzbekistan Chamber of Commerce and …
Uzbekistan hosts national forum on sustainable cotton production
On 25–26 February, Uzbekistan hosted a national forum on sustainable cotton production, organized in cooperation with Better Cotton.
Uztekstilprom delegation visits Russia’s leading textile complex
A delegation from the Uztekstilprom Association visited the Untex Rodniki textile complex in Ivanovo Region, Russia.
Uzbekistan and Georgia expand cooperation in the textile industry
From 24 to 26 February 2025, a working group led by Abduvali Sadykov, Deputy Chairman of the Uztextileprom Association, visited …
Romanian Ambassador delivers lecture at University of World Economy and Diplomacy
Daniel Cristian Ciobanu, Ambassador of Romania to Uzbekistan, delivered a lecture at the University of World Economy and Diplomacy (UWED) …
Uzbekistan's GDP to grow by 6% in 2025, says EBRD
Uzbekistan’s economy is expected to grow by 6% in 2025, according to the latest Regional Economic Prospects report by the …