Latest news with #NewUzbekistan
See - Sada Elbalad
2 days ago
- Business
- See - Sada Elbalad
New Uzbekistan: Central Asia's Fastest-Rising Business Epicenter
By Ahmad El-Assasy A quiet yet profound transformation is reshaping the strategic contours of Central Asia - with New Uzbekistan at the helm as its boldest architect, driving force, and resonant voice of change. In the first half of 2025 alone, Uzbekistan welcomed over 223,000 foreign entrepreneurs, investors, and business professionals - a threefold increase (up 240%) compared to the same period last year. This isn't just a spike - it's a signal of deeper, structural change. Who's Leading the Wave: Afghanistan - 207,536 visitors Tajikistan & Turkmenistan - over 13,000 combined Russia, Turkey, Kazakhstan - steady inflow Other nations - 1,177 and rising, with growing interest from Europe and the United States What's Fueling the Momentum: Simplified visa regimes and enhanced border facilitation Ambitious economic reforms driving liberalization and privatization A pro-business climate backed by infrastructure upgrades, expanding logistics corridors, and digital transformation Strategic location bridging West and East, with growing regional influence A New Chapter for Uzbekistan Once known as a historic crossroads of ancient civilizations, Uzbekistan is now charting a bold new course - emerging as a vibrant center for FDI, commerce, innovation, and regional leadership. With an open-door approach and visionary, business-friendly policies, the country is not only attracting global attention - it's inspiring decisive action. From the timeless rhythm of its bustling bazaars to the forward-looking cadence of its executive boardrooms, Uzbekistan radiates a profound economic renaissance and pulses with opportunity. More than simply open to the world, the country is stepping forward as Central Asia's business powerhouse - a strategic gateway where global capital meets regional ambition, transforming sustainable growth into tangible progress and shared success. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Arts & Culture Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani Sports Get to Know 2025 WWE Evolution Results
Euronews
01-07-2025
- Business
- Euronews
Tashkent: Euronews launches its new office in Central Asia
On June 30, a symbolic day for the country celebrating Youth Day, Euronews officially opened its regional office in a move that indicates the strengthening of its presence in Central Asia as it creates a new platform for media development. The event's first part took place inside the brand-new Euronews office in Tashkent. During the office tour, the Press Secretary of the President of Uzbekistan, Sherzod Asadov, met with the local editorial team and praised the work already accomplished in a short time. The opening ceremony brought together more than 100 guests, including senior government officials, ambassadors, and representatives of international organizations. As noted by the Chairman of the Euronews Board of Directors, Pedro Vargas David, the office will become a unique media bridge, because Euronews is not just an information platform, but also a space for intercultural dialogue and interaction. "Our office is driven not by borders, but by interesting stories. So we look for them here and bring them to the whole world. We are extremely interested in economic reforms, how the country is developing and presenting itself to the whole world," Vargas added. 'The liberalization of the information sphere is one of the priorities of New Uzbekistan. Thanks to the political will of the president, we have made significant progress in strengthening journalistic freedoms, expanding access to information, and encouraging open dialogue between media, society, and the state', Asadov stated. He added that the Euronews presence in Uzbekistan will serve as a key tool in helping young people access objective, global perspectives and foster critical thinking. The Euronews Tashkent team has already hit the ground running. Local journalists and producers have been working to create content across a variety of flagship formats including 'Focus', 'Silk Road Adventures','Changemakers', 'Business Line'. These programs are not only telling the story of Uzbekistan's past and present, but also its aspirations for the future, through the voices of those making a difference on the ground.
Cision Canada
10-06-2025
- Business
- Cision Canada
Uzbekistan Sees Foreign Investment Growth of over 60 per cent in 2024
'New Uzbekistan: The Big Country With Big Opportunities – Reform In Action' FDI Report unveiled as Tashkent International Investment Forum Gets Underway TASHKENT, Uzbekistan, June 10, 2025 /CNW/ -- Foreign investment in Uzbekistan is growing rapidly as the country saw an over 60 per cent increase during 2024 to reach $34.9 billion, a report released today by the Ministry of Investment, Industry and Trade (MIIT) of the Republic of Uzbekistan confirmed. International investments in the country are projected to reach $42 billion in 2025 as momentum grows. The report: 'New Uzbekistan: The Big Country With Big Opportunities – Reform In Action', showcases the country's ongoing journey to becoming a leading destination for FDI. Uzbekistan has taken bold steps in overhauling its tax structure, streamlining regulations and modernising its legislative framework to make doing business simple, faster and more transparent. Spearheading this process has been part of the "Uzbekistan 2030" strategy, a future-focussed roadmap designed to transform every facet of the national economy. No fewer than 18 companies have lined up for Initial Public Offerings (IPOs), proof that Uzbekistan is finding favour with private capital. Key highlights of the report include: A growing green energy sector, with target to increase renewable generation to 26 per cent by the end of 2025; Sovereign bond issuance was $12 billion from 2019 to 2025 via listing on the London Stock Exchange, and $2.84 billion already in 2025; Investment of $3 billion in an AI-enabled and sustainable data centre with a capacity of 250 MGWs; As of April 2025, Uzbekistan had established 28 Special Economic Zones (SEZs), 389 Small Industrial Zones (SIZs), 23 technology parks, and 355 clusters. These zones host a total of 6,997 enterprises, including 1,032 in SEZs, 2,981 in SIZs, 2,606 in technology parks and 378 in clusters; 76 strategic projects worth over $2.6 billion planned over the next three years, to boost extraction and processing of 28 essential minerals; Equity markets journey, spearheaded by the launch of Uzbekistan's National Investment Fund (UzNIF) with Franklin Templeton appointed Trustee and Fund Manager; 40 per cent of Uzbekistan's population is under the age of 25; E-commerce is projected to comprise of 9–11 per cent of total retail sales by 2027. The report was officially launched on Day 1 of the Tashkent International Investment Forum, where global investors, policymakers, and business leaders are discovering the true New Uzbekistan: The Big Country with Big Opportunities. With this year's theme of "Reform in Action", over 3,000 international participants from 95 countries are expected to attend the Forum, taking place at CAEx Uzbekistan from 9 to 12 June.
