Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Uzbekistan Business Journal.
ADB Support to Enhance Preschool Education in Uzbekistan through Private Sector
Asian Development Bank
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December 18, 2024
TASHKENT, UZBEKISTAN (18 December 2024) — The Asian Development Bank (ADB) has been appointed as a transaction advisor to the Ministry of Preschool and School Education and the Ministry of Economy and Finance to support the delivery of...
IT Park Uzbekistan Announces the Launch of GameDevHQ Academy
EIN Presswire
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December 6, 2024
IT Park Uzbekistan Announces the Launch of GameDevHQ Academy: A Landmark in the Development of Uzbekistan’s Gaming Industry TASHKENT, TASHKENT, UZBEKISTAN, December 6, 2024 /EINPresswire.com/ -- On December 6, 2024, the GameDevHQ Academy, the...
Condor Announces Closing of $19.4 Million Brokered Financing
GlobeNewswire, Inc.
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December 9, 2024
CALGARY, Alberta, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR) is pleased to announce the closing of its previously announced brokered offering of common shares of Condor (“Common Shares”) at a...
EMGA arranges US$ 30M debt finance for Uzbekistan’s Ipak Yuli Bank
GlobeNewswire, Inc.
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December 1, 2024
LONDON, Dec. 01, 2024 (GLOBE NEWSWIRE) -- Emerging Markets Global Advisory LLP (EMGA) announces they have completed their first transaction in Uzbekistan securing US$ 30M from the OPEC Fund for International Development (OPEC Fund). Commenting on...
Condor Provides an Operational Update for Uzbekistan
GlobeNewswire, Inc.
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December 19, 2024
CALGARY, Alberta, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR), a Canadian based energy transition company is pleased to provide an operational update for its eight gas field production enhancement...
Honkarakenne Ltd. and Saipro Group held the opening ceremony of Santa Claus Village in Uzbekistan
GlobeNewswire, Inc.
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December 16, 2024
Press release Dec 16, 2024 Honkarakenne Ltd. and Saipro Group held the opening ceremony of Santa Claus Village in Uzbekistan Saipro Group and Honkarakenne Ltd. celebrated the opening of Santa Claus Village on Tuesday, December 10, 2024 at Green...
Condor Further Upsizes Brokered Financing to $17 Million, With Participation by Lead Investors Eurasia Resource Value S.E. And Other Strategic Investors
GlobeNewswire, Inc.
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November 29, 2024
CALGARY, Alberta, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR) is pleased to announce that, due to continuing strong investor demand, it has further upsized its previously announced brokered,...
Condor Upsizes Brokered Financing to $15 Million, With Participation by Lead Investors EurAsia Resource Value S.E. and Other Strategic Investors
GlobeNewswire, Inc.
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November 25, 2024
CALGARY, Alberta, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR) is pleased to announce that, due to strong investor demand, it has upsized its previously announced brokered, marketed offering of...
Condor Announces $10 Million Brokered Financing, With Participation by Lead Investors Eurasia Resource Value S.E. and Other Strategic Investors
GlobeNewswire, Inc.
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November 20, 2024
CALGARY, Alberta, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR) is pleased to announce that it has entered into an agreement with Research Capital Corporation, as the lead agent and sole bookrunner,...
IT Park Uzbekistan: Strengthening Strategic Partnerships with Japan in IT and Outsourcing
EIN Presswire
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November 6, 2024
TASHKENT, TASHKENT, UZBEKISTAN, November 6, 2024 /EINPresswire.com/ -- In October 2024, a delegation from IT Park Uzbekistan, led by Global Marketing and Communications Director Jamila Khalibaeva, conducted a series of strategic meetings and...
ADB Approves $250 Million Loan to Support Uzbekistan’s Green, Inclusive, and Resilient Economic Growth
Asian Development Bank
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November 19, 2024
MANILA, PHILIPPINES (19 November 2024) — The Asian Development Bank (ADB) has approved a $250 million policy-based loan to support the Government of Uzbekistan’s efforts to strengthen institutional frameworks for climate transition, enhance links...
State Secretary Štucin in Tashkent expresses interest in strengthening political dialogue with Uzbekistan
Government of Slovenia
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November 28, 2024
SLOVENIA, November 28 - In the light of the upcoming 30th anniversary of diplomatic relations between Slovenia and Uzbekistan, both sides expressed their interest in further strengthening political dialogue and economic cooperation. The two...
GSMA brings M360 Eurasia to Tashkent in partnership with Beeline Uzbekistan and Uzbekistan’s Ministry of Digital Technologies
GlobeNewswire, Inc.
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November 19, 2024
Amsterdam, Dubai and Tashkent, 19 November 2024: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator (“VEON” or the “Company”), today announces that its subsidiary Beeline Uzbekistan has signed a Memorandum of...
ADB, Ipak Yuli Bank Sign Deal to Enhance Sustainable and Inclusive Access to Finance in Uzbekistan
Asian Development Bank
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November 8, 2024
TASHKENT, UZBEKISTAN (8 November 2024)—The Asian Development Bank (ADB) and IPAK YULI BANK have signed a 625 billion Uzbek sum loan (equivalent to about $50 million) to enhance access to financing for urban micro, small, and medium-sized...
Update on the privatisation of Humo payments system in Uzbekistan
GlobeNewswire, Inc.
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November 15, 2024
ALMATY, Kazakhstan, Nov. 15, 2024 (GLOBE NEWSWIRE) -- In August 2024 we (“Kaspi.kz”) submitted a non-binding letter of interest to Uzbekistan’s State Assets Management Agency (“SAMA”), indicating our interest in participating in the privatisation...
VEON Receives License for its Branch Office in Dubai International Financial Centre
GlobeNewswire, Inc.
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November 15, 2024
Amsterdam and Dubai, 15 November 2024 - VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator, ("VEON" or the "Group"), announces that it has completed the registration of and received the commercial license for its branch...
Persian Gulf-Black Sea corridor: A new era for Iran-Europe trade or just another risk?
Middle East Institute
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November 26, 2024
In 2016, Iran proposed a regional initiative to develop the Persian Gulf-Black Sea International Transport and Transit Corridor (ITC), which would include Armenia, Azerbaijan, Georgia, Bulgaria, and Greece. This multi-modal corridor will begin in...
DDG Hill discusses Uzbekistan’s WTO accession path at high-level event in Washington D.C.
World Trade Organization
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October 26, 2024
DDG Hill noted Uzbekistan's accession process has accelerated in recent years, in great part due to the active political engagement of President Mirziyoyev. Recent presidential decrees have focused on integrating Uzbekistan more closely with its...
The 2024 Annual Meetings of the World Bank Group and the International Monetary Fund — Uzbekistan’s path to WTO accession: Navigating reforms and global integration
World Trade Organization
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October 26, 2024
Your Excellencies, Deputy Prime Minister Khodjaev, Vice-President Bassani, Ambassador Tai, (TBC) Distinguished participants, Let me start by first thanking you for organizing this meeting and for inviting the WTO to address the status of...
General Motors Launches Official ACDelco Aftermarket Brand in Uzbekistan
EIN Presswire
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October 25, 2024
General Motors launched ACDelco, their leading automotive aftermarket spare parts brand, in Uzbekistan. Their first product offering is gold engine oil. TASHKENT, UZBEKISTAN, October 25, 2024 /EINPresswire.com/ -- General Motors Launches...