Uzbekistan's growth slowed in 2022, but if the pace of reforms continues to be as fast as in the last few years it is expected to rebound to around 10% a year once the current health and geopolitical crises are over.
The war in Ukraine has interrupted grain exports from the country and could create a global food crisis as vulnerable wheat importing countries in Africa and the Middle East face shortages and rising prices.
Renewables are again set to break global records in 2022, with 320 GW of new capacity forecast to come online and new solar projects in China and Europe driving growth.
The fintech is reporting eyecatching market growth figures.
The EBRD has cut its 2022 emerging Europe growth forecasts again, reflecting a sharp downgrade for Ukraine and the regional fallout from the war and sanctions.
Transkapitalbank has requested the US Treasury let it continue to operate in Central Asia.
We have all heard the adage that a butterfly flapping its wings in the Amazon could affect the weather patterns on the other side of the planet. Might the war in Ukraine also have such unintended consequences?
On April 8 the EU added Saodat Narzieva, the sister of Russian oligarch Alisher Usmanov, to the personal sanctions list after Organised Crime and Corruption Reporting Project (OCCRP), claimed she controls 27 Swiss accounts holding more than $2bn.
Orient Group is one of the three biggest companies in Uzbekistan with a 20-year track record in a wide variety of industries and sectors, and now the holding is getting ready to take its business to the next level. The holding has been flourishing.
Alfa-Bank Kazakhstan has been fully bought out by Kazakh peer CenterCredit.
Statement might explain why Tashkent denied there was any evidence of an incident and may rekindle fears terrorists in Afghanistan have started to target Central Asia.
A regional affiliate of Islamic State on April 18 reportedly said it had carried out a rocket attack on Uzbekistan from neighbouring Afghanistan. If confirmed, it would be the first strike by the terrorist group against the Central Asian nation.
Some 10,000 Russian citizens have received personal identification numbers in Kazakhstan since Russia invaded Ukraine.
Even if Rosatom is not targeted by sanctions, its future projects could still be affected.
Sanctions on Russia will help Uzbekistan’s GM plant meet demand at home.
To the West, Russia is once more viewed as an international pariah. For a viable economic path, Moscow must look east and south across Asia. Afghanistan as well as Central Asia could be crucial to its plans.
Russia used the meeting in China to emphasise its importance in Central Asia.
Foreign Minister Lavrov says plans of Islamic State and build-up of detachments of Jamaat Ansarullah and Islamic Movement Uzbekistan around Afghan-Tajik and Afghan-Uzbek borders “are an alarming sign”.
Ukraine's economy forecast to contract by 20% and projections worsen across emerging Europe — except for Eurasian oil and gas producers Azerbaijan and Turkmenistan.
Nothing says modernity more than a fancy dishwasher. The Uzbek firm Artel has pioneered the production of white goods in Central Asia and is now the biggest manufacturer in the region.