Uzbekistan Leads Region with We-Finance Code Supporting Women Entrepreneurs
The initiative provides women entrepreneurs with access to grants
Finance
Uzbekistan Moves Towards Islamic Banking with New Draft Law
The bill proposes amendments to the Tax Code
Gold Prices Reach Record $3,689 as Investors Anticipate US Fed Rate Cut
Spot gold rose 0.2% to $3,685.02 an ounce by 0632 GMT
Uzbekistan Moves Toward Legal Framework for Islamic Banking
The proposed legislation is designed to tackle the shadow economy
KFC, Evos and Oqtepa Lead Uzbekistan’s Food Sector Tax Payments
In total, 20,100 catering organisations paid $77.5 mln in taxes
CERR: Uzbekistan’s Business Climate Index Rises to 55 Points in August
The August business climate index stood at 55 points
Uzbekistan Plans Stablecoin Trials for Payments and Asset Tokenisation
Stablecoins can be used for everyday transactions
Oracle Shares Rise Over 43% With Larry Ellison’s Wealth Closing Up to Musk’s
The company announced four multi-billion-dollar cloud agreements
Forbes: Wealth of America’s 400 Richest Hits Record $6.6 Trln
Together, the 20 wealthiest Americans now control $3 trln
Uzbekistan’s Reserves Top $50 Bn for First Time
The country also expanded its gold stock in physical terms
George Paresishvili Steps Down as Head of Tashkent Republican Stock Exchange
His three-year employment contract expired in September 2025
Gold Hits Record High as Mining Shares Outperform
The metal has reached a record high and mining stocks are now outperforming, but investors remain cautious about the sector’s track record
Uzbekistan’s Corporate Bond Market Needs Active REPO Operations
REPO deals are actively used in the government securities market
Toss Makes Money Transfers from South Korea to Uzbekistan Free of Charge
TBC Bank Group Expands in Uzbekistan with OLX UZ Acquisition
TBC Bank Group intends to fully integrate OLX Uzbekistan into the wider digital ecosystem
Frank RG: Digitalisation, Open Banking and Privatisation to Propel Uzbekistan’s Banking Sector Over Next Five Years
Analysts, however, expect this rapid pace to ease during 2025–2026
CERR Survey Shows Rising Optimism Among Entrepreneurs in Uzbekistan
37% of entrepreneurs reported improved conditions over the past three months
Uzbekistan Cuts Shadow Economy to 35%
Digital and innovative solutions were identified as the most effective tools
Uzbekistan Eases Rules for Issuing Bonds in National Currency by International Financial Institutions
New regulation allows IFIs to list bonds on Uzbekistan’s stock exchange
TBC Uzbekistan’s Profit Rises 30% in First Half of 2025
Uzbekistan Refunds $2.6 mln in VAT to Key Service Sectors
It has benefited over 500 establishments
Central Bank of Uzbekistan Accepts Corporate Bonds in Repo Deals
Mortgage bonds are accepted at 90% of their market value
TBC Bank Acquires Stake in Billz
TBC Bank Group PLC has been authorised to acquire a 46.67% share in Shoppe Group
Uzbekistan’s Average Monthly Wage Rises 17.2% in H1 2025
Tashkent city continues to offer the highest wages