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Russia’s budget posted a record deficit of RUB3.411 trillion in the January-May period.
Ukraine has called on the EU and G7 to implement a new round of sanctions against Russia following the destruction of the Kakhovka dam in occupied Kherson on June 6.
Siemens is to deliver energy projects worth €3.4bn in Uzbekistan. The investment announcement was made as the German conglomerate's president for the European region Ariel Porat arrived in ...
Fitch Ratings has affirmed Uzbekistan’s mining giant Almalyk Mining and Metallurgical Complex's (AMMC's, or ...
Kazakhstan was the world's largest uranium-producing country in 2022, accounting for 43% of uranium supply, according to data published by the World Nuclear Association ...
Uzbek president Shavkat Mirziyoyev is on a mission to attract foreign investment as part of his "New Uzbekistan" plan with his two-day visit to Germany in May already yielding billions of euros in new deals.
Uzbekistan's economy and finance ministry has registered an additional share issue of ferrous metals plant Uzmetkombinat worth ...
Trade turnover between Russia and Uzbekistan may reach $12bn this year compared to around $10bn in 2022, TASS on April 26 reported Russian Deputy Prime Minister Denis Manturov as telling reporters. ...
Prices have declined since the hike in gas and commodity prices last year forced many industries to reduce or suspend activity, causing industrial output to drop.
Under pressure from the West after refusing to join Russia sanctions, Belgrade seeks to build relations with Central Asia in visit that focussed on trade ties and Kosovo.
Despite mass demonstrations in Georgia against the seemingly pro-Russian “foreign agents” law in March and growing Russian trade turnover following the start of the war in Ukraine, the government in Tbilisi remains dedicated to joining the EU.
Ukraine’s IT industry has remained remarkably stable in the face of Russia’s full-scale invasion. While many leading sectors in Ukraine have suffered significant losses, IT saw a growth in exports helped by an impressive response from businesses.
Russia showed a 4.6% year-on-year increase in capital investment spending in 2022, according to the latest report from RosStat statistics agency. An analysis by Kommersant daily suggests that ...
Resource found in Hamedan could be first of several finds in province.
Russia’s sanctioned Uzbek-born metals tycoon Alisher Usmanov is worth an estimated $19bn and made his money in Russia. But these days he spends most of his time in his native country helping with reforms.
Move might enable gold and silver miner to carve out its Russian business.
Ukraine’s lengthy and expensive reconstruction process could be a beacon to the rest of the world about the “power of capitalism,” said Larry Fink, CEO of investment company BlackRock at the Ukrainian Breakfast discussion in Davos.
The downward trend is the result of low value-added activities outsourced by foreign industrial groups combined with the lowest innovation in Europe among local enterprises.
Industrial production in Romania contracted by 2.6% y/y in January-October and the government’s forecasting body expects only a marginal recovery in 2023.