Search
Baku opens the Islamic Development Bank’s annual meetings as Gulf money eyes the region
The Islamic Development Bank Group opened its 51st annual meetings in Baku on 16 June under the banner of regional integration. For Central Asia’s member states, it is a week to court Gulf and Islamic capital close to home.
Tashkent opens its biggest investment forum yet, with a new financial center as the prize
Uzbekistan opened the fifth Tashkent International Investment Forum on 16 June, with 3,423 delegates from 100 countries and a new common-law financial center at its core. The pitch is stability and reform, sold to capital that has grown choosier about where it goes.
Kyrgyzstan and Georgia reach for a Black Sea link as the China railway advances
On the first visit to Bishkek by a Georgian head of government, Prime Minister Kobakhidze and President Japarov agreed to connect the new China-Kyrgyzstan-Uzbekistan railway to Georgia’s Black Sea ports. The bet is that the Middle Corridor outlasts the war that briefly made it fashionable.
Kyrgyzstan extends its timber export ban, eyeing Russian re-exports
Bishkek prolonged its ban on exporting timber outside the Eurasian Economic Union for another six months, a recurring move aimed partly at blocking the re-export of duty-free Russian wood.
Tajikistan is the EBRD’s fastest-growing regional economy, with one big catch
The EBRD’s new report puts Tajikistan among the region’s fastest growers, with first-quarter investment up 34 percent on the back of Rogun and state spending. Its weak point is the familiar one: dependence on Russian remittances.
Kazakhstan touts its titanium and pledges $470 million for exploration
On the sidelines of the Astana mining congress, officials said Kazakh titanium supplies about a fifth of the global aerospace market and pledged some 470 million dollars for geological exploration through 2028.
The US and Central Asia open a critical minerals dialogue in Astana
American and Central Asian officials gathered in Astana this week to turn last year’s framework deals into actual mines and processing plants. US Under Secretary Jacob Helberg is there. So are Chinese exhibitors.
Turkmenistan and Georgia push trade and transit ties in Tbilisi
Turkmen and Georgian officials met in Tbilisi on 10 June to expand trade, investment and transit, with Georgian Railway and Black Sea ports at the centre of the talks.
Tajikistan breaks ground on an IT hub and a regional AI centre in Dushanbe
Tajikistan laid the foundation on 9 June for IT Hub Dushanbe, a complex housing an IT park, a business centre and a regional AI centre. The project is fronted by Rustam Emomali, the president’s son and presumed successor.
Kazakhstan approves a national AI and digitalisation strategy to 2029
President Tokayev signed the Digital Qazaqstan strategy on 9 June, a plan to push artificial intelligence across the economy by 2029. It is the centrepiece of the year he declared the Year of Digitalisation and AI.
Uzbekistan breaks ground on a new Tashkent international airport this month
The current airport handles 14 million passengers a year and is at capacity. The new facility is designed for 30 million. Construction starts June 2026.
Tencent is now a Kaspi.kz shareholder: what a $518 million bet on Kazakhstan means
The deal closed in April. The implications are still unfolding. China's largest consumer tech company has a stake in Kazakhstan's dominant super app.
Kazakhstan's National Railway Eyes Triple Listing as Middle Corridor Bet
KTZ plans simultaneous IPO in London, Hong Kong and Astana — framing $10.4bn debt burden as a growth story
Delays And Rising Costs: Central Asia Feels Fallout From Iran War
As expected, the launching of US and Israeli air strikes on Iran -- and retaliatory strikes by Tehran on targets in the Mideast -- has hit the economies of the region. But the shockwaves are arguably being felt just as much in Central Asian nations who rely on goods flowing through Iran.
Trade and Economic Park Planned at Border of Kyrgyzstan, Tajikistan, and Uzbekistan
On May 6, Kyrgyz President Sadyr Japarov visited the Dostuk Stele (Friendship) in the country’s southwestern Batken region, erected at the junction point of the state borders of Kyrgyzstan, Tajikistan, and Uzbekistan, where he reviewed the concept and master plan for the proposed Dostuk International Trade and Economic Park.