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Azerbaijan's state bank pays $140 million for 51% of Davr Bank, 40% above the price it announced in May
The International Bank of Azerbaijan bought 51% of Tashkent's Davr Bank on Thursday in 6 trades on the Tashkent stock exchange for 1.646 trillion soums, $139.5 million at Gazeta.uz's conversion. In May the price was given as more than $100 million. Neither report explains the difference.
Saida Mirziyoyeva adds the Tashkent financial centre to the presidential administration she already runs
A presidential decree reported on Thursday appoints Saida Mirziyoyeva, head of the presidential administration and the president's daughter, managing director of the Tashkent International Financial Centre, the jurisdiction with its own regulator, court and a tax regime to 2076 that came into force in July. She keeps the administration.
Washington's Iranian-airline sweep lands in Kazakhstan as a ticket agent and in Tbilisi as 6 airlines
The US Treasury's designation of 27 Iranian airlines and their foreign enablers on Tuesday named one Central Asian company, Tour Invest of Kazakhstan, as Mahan Air's general sales agent. On Thursday Georgia's Civil Aviation Agency said 6 of the newly listed carriers fly between Georgia and Iran and that Tbilisi will act in full compliance with the sanctions regime. Astana had said nothing the desk found by evening.
Mongolia's environment minister counts COP17 at ₮217 billion of budget, ₮38.6 billion of it classified, against $1.4 billion of pledges
The Ministry of Environment and Climate Change had ₮217.1 billion approved for hosting the UN desertification conference in August, of which ₮38.6 billion was budgeted for procurement classified as a state secret, minister Sandag-Ochir Tsend said at a press conference on Wednesday, gogo.mn reported. Ikon.mn quoted the same minister putting the conference's investment opportunities and pledges at $1.4 billion, about ₮5 trillion.
Yerevan lodges a complaint against Russia's produce bans through the EAEU as Pashinyan leaves for Paris
Armenia has filed a complaint against the restrictions Russia has kept on Armenian goods since May, deputy economy minister Tigran Gasparyan told a briefing on Tuesday, and expects them lifted “with the help of the mechanisms that operate within the EAEU”. On Wednesday morning Armenpress reported the prime minister leaving for a working visit to Paris. The Moscow visit the Kremlin announced on Monday has drawn no word from Yerevan's channels that the desk could find.
Tashkent and Belgrade adopt a labour-migration agreement and a 2026 to 2028 industrial plan, with a free-trade deal proposed
Shavkat Mirziyoyev and Aleksandar Vucic closed their Belgrade talks on Tuesday by welcoming the adoption of an agreement on mobility and labour migration and adopting a joint action plan on industrial partnership for 2026 to 2028, the presidential press service said in UzDaily's account; a free-trade agreement is proposed for drafting, and the opening of diplomatic missions is named as an important step. Trade between the two countries was $41.9 million in 2025.
Rahmon's 35-year ledger runs in somoni: GDP up 100 times, budget revenue up 250 times, energy independence in 2027
In his address for Tajikistan's 35th independence day, published by Khovar at noon on Tuesday, Emomali Rahmon put GDP at 177 billion somoni in 2025 against 1.8 billion in 2000, state budget revenue at 65 billion somoni this year against 252 million, and the arrival of "energy independence" at the third Rogun unit in 2027. The multipliers are nominal sums in somoni; the dollar ledger the World Bank keeps reads $17.6 billion of GDP, and remittances at 47.9% of it.
Ashgabat sets 9 September for the cotton harvest and hears five governors give the same report
President Serdar Berdimuhamedov held a working meeting on Monday with vice-premier T. Atahallyev and the five provincial governors on the harvest and the wheat sowing, the state site reported; the vice-premier said the cotton picking is scheduled to begin on 9 September, and the president ordered the wheat sown to agrotechnical deadlines and the construction timed to the independence anniversary later this month finished on time. No readout of a Cabinet sitting has appeared on the state sites for Friday 4 September, the second Friday running.
KazMunayGas takes $500 million of the $658 million its dollar bondholders offered
Holders of KazMunayGas's 5.375% notes due 2030 tendered $658.1 million by the early deadline of 2 September, the company said on Thursday. It will buy $500 million of them, the cap it set in August, at a proration factor of 73.1%, and settle on 4 September.
Uzbekistan's governors get 3.2 trillion soums to lend after 17% of last year's new firms close
Shavkat Mirziyoyev told a meeting on poverty on Thursday that 15,000 of the 86,000 small enterprises created in the regions over the past year have already stopped work, and that about 62,000 citizens are struggling to repay the bank loans that started their businesses. His answer puts the lending decision in headquarters run by the hokims, the regional and district governors.
The OPEC Fund lends Dushanbe $30 million for 82 km of the road to China
The Vienna-based fund will finance the first stage of the Rushan to Varzesh reconstruction in Gorno-Badakhshan, 82.2 of 235 km on the corridor that runs from Dushanbe through Kulma to the Chinese border, Asia-Plus reported on Wednesday.
Mongolia's parliament returns on 7 September to rewrite this year's budget
The Speaker's Council called an extraordinary session of the State Great Khural for 7 to 14 September with one item on it: the amendment to the 2026 budget. The 2027 draft filed on 31 August, the one that suspends the spending rule, is not on the list.
Ulaanbaatar's 2027 budget suspends its own spending rule for a year
The government sent parliament a 2027 budget on Monday with 41.3 trillion tugriks of revenue, 43.6 trillion of spending and a 2.3 trillion deficit, and asked to switch off the spending ceiling of the Fiscal Stability Law for the year. The exemption is justified by one-off money: state-company and Oyu Tolgoi dividends, domestic securities and last year's carry-overs.
Turkmenistan's exchange bulletin returns with a $7.3 million week
The state commodity exchange published a weekly trade report for the last week of August: 8 transactions, just over $7.27 million in foreign-currency sales and 8.2 million manat in domestic deals. Buyers came from the UAE, Turkey and Afghanistan.
Ulaanbaatar closes the drought books at $1.3 billion
COP17 closed at the end of last week with a $1.3 billion restoration and drought portfolio for 23 countries, while the decision on a global drought regime travels on to Egypt.
Uzbekistan and India trade up to a comprehensive partnership
Modi's Tashkent stop closed on Sunday with the relationship raised to a comprehensive strategic partnership, 10 documents signed and a $5 billion trade target set for 2030.
Remittances into Kyrgyzstan clear $1.5 billion by midyear
Money transfers into Kyrgyzstan reached $1,539.5 million in January through June against $150.6 million sent out, by the National Bank's half-year count carried on Friday: a net inflow of $1.39 billion, and a corridor that in June ran 92.8% through the CIS.
Ulaanbaatar takes back 407 pieces of its greenbelt
The governor of Mongolia's capital revoked land rights on 407 plots in the forested belt around Ulaanbaatar, out of 11,706 granted there, after inspections of 26 summer-cottage zones, the state agency Montsame reported on Friday.
Tashkent's gas ledger runs 4 to 1 toward imports
Seven months of 2026 put Uzbekistan's gas trade in one line: $1.1 billion bought from Russia and Turkmenistan, $279.7 million sold to China, and the selling side down 36.2% on the year, by the national statistics committee's count carried on Friday.
The drought rule leaves Ulaanbaatar for Egypt
The fight that defined the desertification summit's second week ends without an instrument: negotiators reached what the talks' rapporteurs called a delicate agreement to carry the drought question to COP18, and the closing plenary was set to adopt the package on Friday afternoon in Ulaanbaatar.