Finance
Finance
ABB to Acquire Majority Stake in Uzbekistan’s Davr Bank
International Bank of Azerbaijan plans to acquire a 51% stake in Uzbekistan’s Davr Bank in a deal expected to exceed US$100 million.
Uzbek Soum Weakens to 12,050 Against US Dollar
The Uzbek soum fell 0.67% against the U.S. dollar to 12,050 as Uzbekistan’s central bank kept interest rates unchanged at …
Uzbekistan’s Gold and Forex Reserves Reach US$70.8 Billion
Uzbekistan’s international reserves rose to US$70.8 billion as of 1 May, driven by higher gold valuation and increased foreign currency …
Khalq Bank and Mastercard Launch AI Credit Scoring Project
Uzbekistan’s Khalq Bank and Mastercard signed a strategic agreement to introduce AI-based credit scoring and next-generation payment cards.
Foreign IT Companies Pay US$5.1M Taxes in Uzbekistan
Foreign digital service providers paid 65.7 billion soums in Uzbekistan in Q1 2026, with Apple, Google, and Meta among the …
Uzbekistan Studies South Korea Digital Tax System
Uzbekistan’s Tax Committee delegation in Jeju explored South Korea’s digital tax platforms NTIS and Hometax to assess best practices in …
Uzbekistan, South Korea Expand Tax Administration Cooperation
Uzbekistan’s Tax Committee is studying South Korea’s advanced tax administration systems in Jeju, focusing on digital services, taxpayer support and …
EDB Joins Uzbekistan Foreign Investors Council
The Eurasian Development Bank has become a full member of Uzbekistan’s Foreign Investors Council, strengthening its role in investment cooperation …
Uzbekistan Central Bank Expands Enforcement Powers Over Financial Institutions
Uzbekistan’s Central Bank has updated its sanction framework, expanding oversight powers and tightening rules for banks, microfinance, and credit institutions.
Uzbekistan Studies South Korea Tax Administration Reforms
Uzbekistan’s Tax Committee is in South Korea to explore advanced tax administration practices and workforce development ahead of reforms through …