Finance
Finance
Uzbekistan Sees Growing Interest in Islamic Banking
Uzbekistan prepares for the launch of Islamic banking, attracting foreign investment and expanding Sharia-compliant financial services in local banks.
Visa and Ipak Yuli Bank Launch She's Next Program in Uzbekistan
Visa and Ipak Yuli Bank launch She's Next in Uzbekistan, offering US$22,000 in grants and training to support women entrepreneurs …
Uzbekistan Gold Bullion Sales Surge Eightfold in 2025
Uzbekistan’s Central Bank reports record demand for gold bullion in 2025, with sales reaching 661 kg and electronic gold accounts …
HUMO and Mongol ID Sign Agreement on Cross-Border Payments
HUMO and Mongol ID, via Takara Solutions, signed a memorandum to develop cross-border payment solutions, enabling card and QR payments …
Rising Oil Prices and Logistics Issues Pose Risks to Uzbekistan’s Imports
Uzbekistan’s inflation reaches 7.3%, with rising oil prices and supply chain disruptions threatening food and goods imports. Central Bank emphasizes …
Uzbekistan, Türkiye Discuss Joint Pension System
Uzbekistan and Türkiye held talks to create a joint pension framework, enabling citizens to preserve social security rights across both …
Uzbek Soums Volatility Surges 2.6-Fold in Early 2026
Volatility of the Uzbek soums against the US dollar rose 2.6 times in January–February 2026, with trading patterns shifting and …
Uzbekistan establishes Tashkent International Financial Center
President Shavkat Mirziyoyev signs decree creating Tashkent International Financial Center, including a commercial court, enabling banking, investment, digital finance, and …
Uzbek MPs review amendments on insurance advertising
Lawmakers in Uzbekistan discussed amendments to the advertising law aimed at boosting transparency, trust, and public awareness in the insurance …
Banks to Tighten Control Over High-Risk Transactions
Uzbek banks plan stricter monitoring of large transfers and high-risk operations, including transactions involving minors and foreign payments.