The ceremony of signing a Statement of Intent has been held between the Agency for the Development of the Capital Market of the Republic of Uzbekistan, the United Nations Development Programme (UNDP), and the Islamic Development Bank, establishing cooperation for the introduction of Islamic finance in Uzbekistan. The development of this new type of financing…
Read Article
Tashkent, Uzbekistan (UzDaily.com) — The growth of the gross domestic product (GDP) of Uzbekistan made up 0.2% in January-June 2020 versus 6% in the same period of 2019. The State Statistics Committee of Uzbekistan reported. Industrial production in Uzbekistan decreased by 1.9% in January-June 2020 against 4.8% in the first half of 2019. The growth rates…
President Shavkat Mirziyoyev signed the Additional measures to further develop the competition environment and reduce state participation in the economy decree, which in particular, approved the Competition Development Strategy and Roadmap for its implementation until 2024 inclusive, Uzbekistan 24 reported. In accordance with the Decree, the Antimonopoly Committee shall become accountable to the Senate and…
A government resolution “On additional measures to improve the procedure for the development of promising investment projects” was adopted. In accordance with the decree, the shares of the Republican Design Institute “UzEngineering” and JSC “UzLITIneftegaz” in the authorized capital of JV “WorleyParsons Uzbekiston Engineering” LLC are transferred to the Center for Development of Investment Projects…
A solemn event dedicated to the presentation of new railway equipment was held today. The ceremony was attended by the heads of the board and responsible structural divisions of Uzbekiston Temir Yollari, as well as invited guests – representatives of domestic and foreign media. In total, two new electric locomotives of the 3ES5K series (“ERMAK”),…