Monday, 17, November, 2025
Monday, 17, November, 2025
Allied Biofuels FE LLC and Praj Industries Ltd have signed a Memorandum of Understanding to develop Central Asia’s largest ethanol production facility in the Khorezm region of Uzbekistan.
The “Banks of the Future” Conference, co-organized by EUROUZ, ASEE, and PLATMA, brought together over 100 participants in a hybrid format uniting leading representatives of the banking, fintech, and technology sectors for a high-level discussion on the transformation of financial services and digital ecosystems in Central Asia.
Moody's Ratings (Moody's) today has affirmed the Ba3 corporate family rating (CFR) and b1 Baseline Credit Assessment (BCA) of JSC UzAuto Motors (UzAuto). At the same time, Moody's assigned a Ba3-PD probability of default rating (PDR) to UzAuto and a Ba3 instrument rating to proposed senior unsecured notes to be issued by UzAuto, with stable outlook.
The state-owned enterprise Navoiuran posted a net profit of 3.7 trillion soums, or $308 million for the January-September 2025 period, recording a 28.6% increase to the same period last year.
Akfa Group, in collaboration with a Turkish company, has commenced a large manufacturing complex project in Kentucky, USA, the CEO of Akfa Group Jahongir Ortikhodjaev told the Menimcha (In My Opinion) program on the Uzbekistan 24 TV channel.
At the conclusion of his visit to Washington, D.C., President Shavkat Mirziyoyev met with leaders of US companies, investment funds, and financial institutions.
The Ministry of Investments, Industry and Trade and the Saudi company Riyadh Cables Group signed an agreement on joint drafting of a project to set up a high-voltage cable production unit in Tashkent, the ministry's press service said.
The Czech Škoda Group sought to set up a joint venture in Uzbekistan for assembly of railway rolling stock, the company's press service said during the meeting of President Shavkat Mirziyoyev with business leaders in Brussels.
Officials who unjustifiably impose fines on businesses could be held accountable in administrative procedure. The relevant bill has been posted for public input at the initiative of the Business Ombudsperson.
A memorandum was signed between the Uzbekistan Chamber of Commerce and Industry and the Afghan Textile Corporation on relocating to Afghanistan of some idle Uzbek textile firms. From October 18 to 23, the Uzbek delegation inspected a number of facilities in Afghanistan.
The Europe-Uzbekistan Association for Economic Cooperation (EUROUZ) hosted the flagship international forum “Uzbekistan Economic Day in Europe”, bringing together senior policymakers, business leaders, and representatives of international institutions to discuss new opportunities for investment, trade, and innovation between the European Union and Uzbekistan.
As reported earlier, the President Shavkat Mirziyoyev landed in Brussels on an official visit on the eve. Today, he held a round table discussion with the CEOs of leading European companies and banks, the presidential press service said.
The governor of Surkhandarya province Ulugbek Kasimov hosted a delegation led by the CEO of India-based Glokal Eurasia, Iqbal Mohammad Thursday.
The President Shavkat Mirziyoyev toured the East Can Solutions production unit in Yangi Avlod special industrial zone in Tashkent's Yangihayot district, where Uzbekistan's first aluminum can production facility has been set up.
The State Assets Management Agency (SAMA) announced the sale of the 2.6% government-owned stake in UzBAT tobacco manufacturer to The British-based BAT Uzbekistan Investment.
The chairman of the Commerce and Industry Chamber Davron Vakhobov hosted the Deputy chairman of the Afghanistan Chamber of Commerce and Investment (ACCI) Aryan Azimi.
The government’s stake in the national postal operator Uzbekistan Post (UzPost) has been sold to the Russian marketplace Wildberries.
Today as part of his travel to China, the President Shavkat Mirziyoyev met with the CEOs of major Chinese companies. In the meeting were present the CEOs of China Gold, China Coal Resources, China Datang Corporation, Tianjin Rail Transit Group, Poly Changda, Tianjin Urban Construction, Jinchuan Group, China Synfuels, Jinchuan, ST Wonderful, Mizuda, World Agriculture, Dongzhu Ecology and other companies.
The Executive Director of the Association of Soft Drinks and Juice Producers (UzBev) Alfiya Musina, during the meeting between the President Shavkat Mirziyoyev and business leaders on August 20, said that Shavkat Mirziyoyev deserves to be a candidate for the Nobel Peace Prize for uniting the peoples of the Central Asia and the Caucasus.
At the meeting with business leaders on Wednesday, the President Shavkat Mirziyoyev announced the launch of a new investment platform that would allow companies to raise funds directly from investors.