News

The Institute for Macroeconomic and Regional Studies (IMRS) has published its index calculations for the diversification of Uzbekistan’s fresh fruit and vegetable export geography for the period 2019–2024.

The results indicate a «moderate level of diversification» throughout the observed years. While the range of export destinations has expanded somewhat, the country’s exports remain concentrated in a limited number of markets.

The index is based on the inverse of the Herfindahl-Hirschman Index, a commonly used measure of market concentration. It assesses how evenly exports are distributed across trading partners.

Values above 0.85 reflect high diversification, while values below 0.75 indicate...

A Memorandum of Understanding (MoU) has been signed between the Mirzaev Scientific Research Institute of Horticulture, Viticulture and Winemaking and the German Agency for International Cooperation (GIZ) under the project Managing Climate Risks in Central Asia.

This cooperation forms part of a regional project funded by Germany’s Federal Ministry for Economic Cooperation and Development (BMZ). The project began in 2022 and will continue until 2028.

Memorandum’s main objective is to reduce climate and environmental risks across Central Asia, while strengthening scientific and practical capacity in the management of transboundary water resources.

The parties agreed to modernise agriculture in the...

Chief Patrol Agent Robert Garcia reported that in early July, five Iranian nationals and two citizens of Uzbekistan were detained in a minivan in Mooers Forks, New York, a town near the US–Canada border.

Following inspection, it was confirmed that all seven individuals were undocumented migrants who had entered the United States through Mexico and Canada. Garcia stated that all of them will face deportation.

Last financial year, over 570 Uzbek nationals were deported from the United States which is 6.5 times more than in 2023. In comparison, only 21 Uzbek citizens were deported in 2022.

In April this...

Official medals for the Milano Cortina 2026 Olympic and Paralympic Winter Games were revealed on July 15, during a ceremony in Venice, the capital of Veneto and one of the host regions. Presentation was led by Olympian and Head of the Ambassador Programme, Valentina Marchei.

The medals were transported by boat along Venice’s Canal Grande by Federica Pellegrini, Italy’s most decorated swimmer, and Francesca Porcellato, a 15-time Paralympic medallist. Their journey ended at the historic Palazzo Balbi, where the medals were officially presented.

The medals of the Games were developed by the Milano Cortina...

Uzbekistan’s automotive market has maintained overall stability in the first half of 2025, according to a new report from the Center for Economic Research and Reforms (CERR). Although the market faced a seasonal decline in consumer demand, a moderate recovery was recorded in June, particularly in the primary car segment.

Passenger vehicle sales rose by more than 3% in June compared to May, reaching 80,000 units. However, total sales for the first six months of the year stood at approximately 446,000 units, marking a 23% drop from the same period in 2024. The decline is mainly due to reduced...

Banks have updated the rates for buying and selling currencies on July 16. This article contains information about the most favorable rates.

Here are Central Bank Reference Rates to exchange USD, EUR, GBP, CHF, JPY, or KZT into soums:

Several banks offer better buy rates to exchange USD, EUR, GBP, CHF, JPY, or KZT into soums:

Financial institutions may change the value of currencies throughout the day...

Fauja Singh, the British-Indian athlete celebrated as the world’s oldest marathon runner, has died at the age of 114 after being struck by a car in his native village of Beas Pind, Punjab, as reported by BBC.

Singh began running at 89 and completed nine full marathons, including the 2011 Toronto Marathon, where he became the first known centenarian to finish the race. His story of resilience and discipline made him a global inspiration, earning him the nickname «The Turbaned Tornado.»

A torchbearer at the 2012 London Olympics, Singh gained international fame through Adidas’s «Impossible is Nothing» campaign and...

The 2025 Emmy Award nominations have been announced — and leading the charge are hit series Severance, The Penguin, and The White Lotus, all of which racked up more than 20 nominations each across major categories.

Actors including Britt Lower, Quinta Brunson, Harrison Ford and Jeremy Allen White are among the top contenders in this year’s fiercely competitive acting races.

Major comedy contenders include The Studio, The Bear, Abbott Elementary and Shrinking, while Netflix’s Adolescence and HBO Max’s The Penguin are top nominees in the limited or anthology series categories.

In a historic moment, RuPaul became the most nominated reality...

During the Cowboy Carter tour stop in Atlanta, hard drives containing unreleased Beyoncé tracks were stolen from a rental car belonging to her choreographer, Christopher Grant, as reported by CNN.

The incident occurred on July 8 in a parking deck, where items belonging to another tour member, dancer Diandre Blue, were also taken. In addition to digital files, the thieves made off with clothing, electronics and personal items worth over $2,000.

Atlanta police are investigating the theft, and an arrest warrant has already been issued for a suspect. The tour continues, with Beyoncé’s next concert scheduled for July...

An international team of scientists has detected the largest black hole merger ever observed, producing a cosmic giant approximately 225 times more massive than the sun, a record, breaking event that could reshape our understanding of black hole formation, as reported by Livescience.

The discovery was made by the LIGO-Virgo-KAGRA (LVK) Collaboration, a global network of observatories that detect gravitational waves, ripples in space-time caused by violent cosmic events. These waves, first predicted by Einstein and confirmed in 2015, offer a new way to study the universe.

The newly discovered merger took place near the outskirts of our...

Manchester City have signed a landmark £1 bn kit deal extension with Puma, the largest in Premier League history. The club will earn around £100 mln a year in a long-term agreement expected to run for at least a decade, as reported by Reuters.

Puma chief executive Arthur Hoeld noted: «Puma’s partnership with Manchester City has been a great success both on and off the pitch. Trophies, a perfect stage for our performance products and commercial success were exceptional.»

The new deal significantly boosts City’s previous £65m-a-year contract from 2019 and could further strengthen...

Kazakhstan’s mining company Kazakhmys Barlau has launched geological exploration in Afghanistan, identifying the country as a promising destination for mineral prospecting.

According to Galym Nurzhanov, the company’s CEO and Deputy Chairman of the Kazakhmys Corporation for Geology and Strategy, experts see enormous potential in Afghanistan’s mineral deposits. Nurzhanov personally visited the area and remarked that the accessibility of ore-bearing sites in the country reminded geologists of the 19th-century era.

Of particular interest are the lead-zinc deposits, where metal content reaches up to 39% in raw ore and up to 41% in concentrate. The company highlights that such material can...

Uzbekistan’s SDG Index score rose from 48.6 in 2015 to 73.1 in 2025. This ranked it first among Central Asian nations and 62nd globally out of 167 countries.

List of Sustainable Development Goals:

Uzbekistan led the UN SDG report in 2025 among Eastern European and Central Asian states. The country’s SDG Index score rose from 48.6 in 2015 to 73.1 in 2025. This ranked it first among Central Asian nations and 62nd globally out of 167 countries.

Since adopting the 2030 Agenda for Sustainable Development in 2015, Uzbekistan has undergone a remarkable period of transformation. The country has integrated the 17 Sustainable Development Goals (SDGs) into its national strategies.

It also aligned domestic policies with UN frameworks, and steadily improved its international rankings in sustainability indexes. From reforms in governance and...

xAI, the artificial intelligence company owned by Elon Musk, has unveiled a new feature within its Grok chatbot platform: animated companion avatars. The update, currently available to SuperGrok subscribers, includes two characters — Ani, an anime-inspired figure, and Rudy, a stylised red panda.

These avatars are part of an early-stage rollout, with broader accessibility expected in the coming weeks. SuperGrok, the premium tier of the chatbot service, is priced at $30 per month.

Ani is capable of responding to user messages with animated gestures such as spinning, jumping and dancing. The character also features voice interaction, including a whispering...

Hungarian low-cost airline Wizz Air will suspend all flights from Abu Dhabi starting September 1, including its route to Tashkent, the Associated Press reports.

Wizz Air stated that the strategic reorganisation aims to strengthen the company’s position in Central and Eastern Europe and in certain Western European markets.

«Wizz Air will suspend all locally based flight operations effective 1 September 2025 and intends to exit from the joint venture going forward and will focus on its core markets,» the airline announced on Instagram.

As a result of suspending operations in Abu Dhabi, Wizz...

Chevrolet has published the prices for the updated 2026 Onix model on its Brazilian website. The vehicle will be offered in seven different variants.

«It’s on the streets, in the choices and lives of those who understand cars. The 2026 Onix maintains everything that won Brazil over: economical fuel consumption, up to a five-year warranty, and the highest resale value in the segment. And it goes further. A car that evolves with you and remains the right choice, wherever you go,» the company states on its website.

Currently, the prices of the models in...

From January to May 2025, catering businesses and companies in Uzbekistan paid 663.4 bln UZS ($52.2 mln) in taxes. Their total turnover exceeded 7.4 trln UZS ($582.7 mln), according to data shared by the State Tax Committee.

Topping the list of the top 20 taxpayers in the sector was International Foodchain, the local franchisee of KFC, which contributed 37.7 bln UZS (almost $3 mln) to the state budget in the first five months of the year.

Second place went to Mak Food Servis, the company behind the Evos brand, with 26 bln UZS ($2.05 mln). In third place was...

As part of its national policy to expand transit potential, Kazakhstan’s Ministry of Finance is modernising nine border checkpoints along its frontiers with China, Uzbekistan and Turkmenistan.

The project includes the construction of modern facilities with complete replacement of outdated infrastructure.

The new checkpoints meet international standards and are equipped with advanced scanning, inspection and automatic vehicle measurement systems.

Since early 2025, four modernised checkpoints have been launched:

By the end of this year, five more checkpoints are expected to be completed: Kazyghurt...

Uzbekistan plans to establish production of dry cooling towers in one of the country’s free economic zones, the Uzatom agency has reported. This effort supports the ongoing small nuclear power plant project in Jizzakh.

The equipment will enable a cooling system for the future plant that does not require large water bodies. In dry cooling towers, water will circulate through numerous small pipes and be cooled by air flows generated by fans.

The localisation of equipment production in Uzbekistan was discussed during a meeting between the agency and representatives of Hungarian companies MVM EGI Zrt and Polus. The event...

Uzbekistan’s Central Bank has accredited the representative office of Turkish CitiBank AS, a subsidiary of the American CitiBank, according to the regulator’s press service.

The representative office will focus on studying Uzbekistan’s financial market and expanding cooperation with government agencies and financial institutions. Unlike a branch, it will not provide banking services to businesses or individuals.

On June 25, a Citigroup delegation met with Uzbekistan’s Ministry of Investment, Industry and Trade. The parties discussed attracting investment, supporting exporters and collaborating on public-private partnership (PPP) projects.

At the meeting, it was also announced that Citibank’s office in Tashkent would be...

In June 2025, Beeline Business achieved the status of a certified Microsoft partner, strengthening its team of specialists certified in the areas of Modern Work (M365) and Azure. Now the company’s corporate customers in Uzbekistan can access Microsoft cloud and software solutions with professional local support.

New business solutions include Microsoft Modern Work (M365) services for agile collaboration, as well as Microsoft Azure cloud platforms for building and scaling IT infrastructure. Beeline Business specialists have been trained and certified in these areas, which enables them to provide qualified support at all stages: from selecting optimal use cases to implementation, configuration...

Foreign currencies rate against UZS for today, July 15, rose noticeably.

Here are Central Bank Reference Rates to exchange USD, EUR, GBP, CHF, JPY, or KZT into soums:

Several banks have updated buy rates to exchange USD, EUR, GBP, CHF, JPY, or KZT into soums:

As of the latest news, all foreign currencies above have weakened against the UZS on July 14.

Global stock markets saw gains on Wednesday as U.S. chipmaker Nvidia made history by becoming the first publicly traded company to reach a $4 trln market value, fueled by continued demand for artificial intelligence technologies, as reported by the NY Times.

Nvidia’s share price rose 2.6% to over $164 in early New York trading, bringing its year-to-date gains to 22% and marking a 24% increase over the past year.

The rally came despite fresh economic tensions, with President Donald Trump announcing a potential 50% tariff on copper imports, a key material for electronics and chipmaking. U.S. copper prices surged...