Uzbekistan Stock Market Posts Mixed Results Amid Index Dip
While Uzbektelecom and Ipak Yuli Bank led the gains, Kokand Mechanical Plant and Biokimyo shares saw sharp declines on the Tashkent exchange
Archive for August 4, 2025
Tesla Awards Elon Musk $30 Bn in Stock Amid Leadership Pressure
Tesla has awarded Elon Musk 96 million shares worth $29 bn as part of an interim 2025 package
Uzbekistan to Seek Loans for Sea Breeze Resort Infrastructure Development
The government plans to raise funds from international lenders and private investors to build roads, bridges, and utilities for the Sea Breeze Uzbekistan project
Youth Make Up Over a Quarter of Uzbekistan’s Population
With 9.6 mln people aged 14–30, Samarkand, Fergana, and Kashkadarya lead in youth population, according to official statistics
Uzbekistan Expresses Interest in Importing U.S. Cotton
Tashkent explores cotton imports from the U.S. and discusses the “Made from U.S. Cotton” initiative while eyeing entry into American e-commerce platforms
Tashkent Residents Can Now Track Emergency Ambulances Online
Residents in Uzbekistan’s capital can now follow the route of emergency medical teams via a browser link, with future integration into the Yandex Go app
TBC Bank Acquires Stake in Billz
TBC Bank Group PLC has been authorised to acquire a 46.67% share in Shoppe Group
ADB Issues First Uzbek Soum-Denominated Bonds Worth $24.7 Mln
The $24.7 mln issuance carries a 14.5% coupon and was arranged by Merrill Lynch; proceeds will go toward supporting female entrepreneurs outside Tashkent
Foreign IT Companies Paid $6.1 Mln in Taxes to Uzbekistan in H1 2025
Meta, Apple and Google top the list of international tech firms paying over 78 billion UZS in taxes to Uzbekistan as the value of digital services nears 657 bn UZS.
Russia Imports Construction Materials Worth $428 Mln from Uzbekistan
Uzbekistan exported $428.4 mln worth of construction materials
Limited-Edition Labubu Resells for $10,500 on eBay
The original retail price was at $85
Afghanistan and Uzbekistan Aim to Boost Trade Ties to $3 Bn
Mohammad Younus Momand advocated for the creation of a regional joint chamber
AirAsia X to Launch Direct Flights Between Tashkent and Kuala Lumpur
The service will run three times weekly
OPEC+ Moves to Restore Oil Output with Major September Increase
The agreement also includes an additional quota adjustment for the UAE
Uzbek Citizens Can Travel to 40 Countries Visa-Free
The list includes 40 countries with visa-free access
Uzbekistan Approves $5 Bn Sea Breeze Resort Project on Charvak Shore
The resort area has been allocated to the developer on a 25-year lease
Weather Forecast for 4 August: Hot Temperatures and Clear Skies
Temperatures are set to rise
Krasheninnikov Volcano Erupts for First Time in 600 Years
The ash plume is moving eastward across the Pacific Ocean
Best Currency Exchange Rates on August 4
This article contains information about the most favourable rates