Saturday, 29, August, 2026
Saturday, 29, August, 2026
Uzbekistan intends to diversify the sources of its foreign direct investment rather than concentrate on a single region or country, the Central Bank Governor Timur Ishmetov said in an interview with the Financial Times.
Uzbekistan resumed gold exports in July after a pause, shipping $1.3 billion worth of the precious metal abroad, the National Statistics Committee said in a report.
Uzbekistan's money supply hit a record 434.5 trillion soums as of August 1, 2026 — the highest level in the country's economic history, the Central Bank reported.
Uzbekneftegaz has reported accidents at some of its production facilities that have reduced the country's output of natural gas, gas condensate and liquefied gas. The state oil and gas company's press service disclosed the setbacks following a working meeting chaired by board chairman Abdugani Sanginov.
Saudi-listed company Acwa has entered into a Memorandum of Understanding (MoU) with Korea Western Power Co., Ltd. (KOWEPO) to explore potential opportunities in Uzbekistan's renewable energy market.
The World Bank will provide Uzbekistan with a $10.6 million grant to establish a mechanism for eliminating gas leaks, under the Cabinet of Ministers’ August 18 Resolution.
Reliable power supply remains the top concern for international investors considering data center projects in Uzbekistan, according to Bobur Khodjaev, chief of the Presidential Administration's Department for Financial Technology, Digitalization and Artificial Intelligence. He made the remarks on Monday at the Silk Road Finance & Technology Forum in Tashkent.
Construction has begun on a new electric bus manufacturing plant in the Yozyovon district of Fergana province, a joint venture with China's Xiang Yang Tenglong Automobile and GIG Investments that marks Uzbekistan's first major step toward building electric buses domestically rather than importing them fully assembled.
Revenue from privatization totaled 1.1 trillion soums over the ten years leading up to 2020, but reached 77.6 trillion soums between 2020 and 2025, the press service of the State Assets Management Agency reported.
Uzbekneftegaz has launched a systematic effort to fully secure its rights and interests as a founding shareholder in joint ventures where it holds a stake, while also working to boost production and financial performance, the company's press service, the company said in a statement.
Uzbekistan has handed over management of Samarkand province's electricity distribution network to a private Turkish company, the Energy Ministry announced.
Uzbekistan is in the midst of "extensive preparations" for a second nuclear plant project, President Shavkat Mirziyoyev announced on August 17 in Khorezm province during a ceremony launching new investment projects.
Uzbekistan’s imports of mineral fuels, lubricants, and related materials climbed 19.3% year-on-year to $2.23 billion during the first half of 2026, according to data from the National Statistics Agency. This is up from approximately $1.87 billion recorded during the same period last year.
Uzbekistan's shadow economy generated 245.5 trillion soums (roughly $20.6 billion) in gross value added during January-June 2026, the State Statistics Committee said in a report.
Starting January 1, 2027, new rules will take effect governing the sale of goods and services to the public on an BNPL basis. The change follows the signing of the President's Steps to improve buy now pay later (BNPL) services for the public Decree.
Uzbekistan's international trade turnover reached $41 billion in the first half of 2026, up 7.4% from the same period last year, according to preliminary data from the State Statistics Committee.
Uzbekistan imported 710,000 tons of gasoline worth $426 million between January and July 2026, the State Customs Committee has reported.
Tashkent has completed a mass appraisal of more than 600,000 apartments and over 213,000 private homes, the Ministry of Economy and Finance announced.
Uzbekistan imported a $447.7 million total worth of 37,874 electric vehicles between January and June 2026, the National Statistics Committee said in a report.
China emerged as Uzbekistan’s top trading partner in the first half of 2026, with bilateral trade volume reaching $9.5 billion, the National Statistics Agency said in a report.