Business & Economy KZ World

Nvidia’s Jensen Huang had rather different messages for Germany and Kazakhstan

Days after warning Berlin not to miss the next industrial revolution, the Nvidia chief arrived in Astana talking of a $1tn opportunity. Jensen Huang arrived in Kazakhstan having just given Germany something of a lecture. Appearing alongside Chancellor Friedrich Merz in Berlin, the Nvidia founder urged Europe’s largest economy to move faster on artificial intelligence.

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Uncategorized

Experts Urge Early Heart Disease Screening in Pakistan

ISLAMABAD, Pakistan – International and local cardiovascular experts have called for early screening, regular medical check-ups, public awareness and healthier dietary habits to prevent heart diseases and dyslipidemia, warning that the condition could pose serious health risks if left undiagnosed and untreated. The experts expressed these views at a symposium in Islamabad on cardiovascular diseases

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International Affairs KG KZ TJK TKM UZB

Ten Central Asian cities join forces to prepare for disasters

As cities across Central Asia face growing risks from climate change and natural hazards, representatives from five countries came together in Tashkent, Uzbekistan, on 19–20 October to strengthen cooperation and help communities better prepare for climate and disaster risks, UNDP Uzbekistan reported. At the Second Regional Urban Resilience Dialogue, five additional cities joined the Urban

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Business & Economy KG KZ UZB

Central Asia and Caucasus Private Equity Fund to be established

Representatives of six institutions—China Investment Corporation (CIC), Oman Investment Authority (OIA), the Uzbekistan Fund for Reconstruction and Development (UFRD), OYAK of Turkey, Eurasian Development Bank (EDB) and Shenwan Hongyuan Securities Co., Ltd.—held the Central Asia and Caucasus Private Equity Fund Cooperation Intent Signing Ceremony during the Financial Street Forum last week, showcasing progress in establishing

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Business & Economy KZ

EDB invests in data center in Kazakhstan

The Eurasian Development Bank (EDB) and AKASHI Data Center PLC have signed an agreement to provide $31.2 million in financing for a data center project in Astana. According to the EDB, the project will expand Kazakhstan’s data storage and processing capacity and mark the first data center construction project in the Bank’s investment portfolio. AKASHI

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Art & Culture UZB

Uzbekistan to host European Film Festival

One of the season’s most anticipated cultural events will take place in Tashkent from 23 to 25 October and, for the first time, in Urgench on 27 October, the Delegation of the European Union to Uzbekistan announced. The programme of the XI European Film Festival features 11 films, ranging from thought-provoking dramas and biographical stories

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Business & Economy UZB

Uzbekistan and U.S. sign agreements worth $12 billion

A package of 54 trade, investment, and technology cooperation agreements worth $12 billion was signed during business events held on October 19 as part of the U.S. delegation’s visit to Uzbekistan, according to the Uzbek Ministry of Investment, Industry and Trade. The package covers a broad range of areas, including industrial modernization, transport and energy

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Business & Economy KZ

Eight countries, including Kazakhstan, launch plans to turn mineral resources into jobs and economic growth

Eight governments have announced country partnerships and compacts to advance responsible metals and minerals development, create jobs, and strengthen local economies, the World Bank reported on October 16.   Argentina, Bolivia, Egypt, India, Kazakhstan, Malawi, Mauritania, and Zambia set out priorities, commitments, and measurable targets to guide reforms, increase investment, and deliver lasting benefits for

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Business & Economy UZB

ADB $200 million loan to help modernize Uzbekistan’s electricity distribution system

Asian Development Bank (ADB) President Masato Kanda on 15 October met Uzbekistan Deputy Prime Minister and Minister of Economy and Finance Jamshid Kuchkarov and signed a $200 million loan agreement to modernize the country’s electricity distribution system, cut power losses, and improve reliability as electricity demand rises, the Bank said. “A reliable power supply is

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Business & Economy KZ

Kazakhstan develops standard for camel milk

Kazakhstan has approved a national standard for pasteurized camel milk. The standard establishes uniform product requirements and aims to help domestic enterprises expand their product range and develop exports. The document will come into force on November 1, 2026, according to the Ministry of Trade and Integration. In Kazakhstan, camel milk has traditionally been used

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Business & Economy UZB

Domestic airfares lowered in Uzbekistan to support tourism

As part of Uzbekistan’s ongoing efforts to develop domestic tourism, make travel more affordable for the population and improve transport connectivity between regions, fares for domestic air travel have been reduced by up to 20 percent, according to the country’s Tourism Committee. In line with the instructions of President Shavkat Mirziyoyev, particular attention is being

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International Affairs UZB

Khiva becomes Youth Capital of Turkic World 2026

The opening ceremony of “Khiva – Youth Capital of the Turkic World 2026” was held on 12 October in Khiva, Uzbekistan. Nuru Guliyev, Deputy Secretary General of the Organization of Turkic States (OTS), addressed the ceremony and highlighted the importance of Khiva’s designation in strengthening youth cooperation across the Turkic World. He emphasized that the

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Business & Economy KZ

Kazakhstan and Italy discuss new areas of economic and industrial cooperation

As part of his working visit to Italy on October 7, Minister of Trade and Integration of Kazakhstan Arman Shakkaliev chaired the 10th meeting of the Intergovernmental Kazakhstan–Italy Working Group on Industrial and Economic Cooperation and Exchanges and held meetings with the heads of Italian companies and business associations, according to the Ministry of Trade

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International Affairs UZB

EU and Uzbekistan discuss investment to strengthen Trans-Caspian Transport Corridor

Government representatives, the European Union, international financial institutions, development partners and private-sector representatives met in Tashkent on 30 September for the Second National Conference on the Trans-Caspian Transport Corridor (TCTC) in Uzbekistan. The conference examined how investment and reforms can strengthen Uzbekistan’s role in sustainable connectivity between Central Asia and Europe, the Delegation of the

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International Affairs TJK

U.S. provides unmanned aerial systems to Tajikistan’s National Guard

The U.S. Embassy in Dushanbe has provided six Unmanned Aerial Systems to the National Guard of Tajikistan to help the country secure its borders.  The Unmanned Aerial Systems (UAS), valued at $2.3 million, will enable the National Guard to engage in persistent monitoring in support of counterterrorism operations, the embassy said. U.S. Chargé d’Affaires, a.i.

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International Affairs KG KZ TKM UZB

Trans-Caspian Enterprise Fund launched for South Caucasus and Central Asia

The United States Government has established the Trans-Caspian Enterprise Fund (TCEF), a non-profit investment fund committed to private sector development across the South Caucasus and Central Asian region. Capitalized with $201 million from the U.S. Government to mobilize private investment along the Trans-Caspian Trade Route, the Fund will invest in businesses and infrastructure that can

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International Affairs UZB

International tourism association Umrah Plus established in Uzbekistan

A new international tourism association, Umrah Plus, has been established in Uzbekistan. The main objective of the new international organization is to combine Umrah pilgrimage with Uzbekistan’s rich historical, cultural and religious heritage, increase the number of foreign pilgrims visiting the country, and promote Uzbekistan’s potential in pilgrimage tourism on international markets. Representatives of the

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Business & Economy KZ

Kazakhstan and Denmark move toward project-based cooperation

The Kazakhstan-Denmark Business Forum was held on October 1 in Konaev with the support of NC KAZAKH INVEST JSC and the Akimat of Almaty Region as part of the official visit of Lars Løkke Rasmussen, the Minister of Foreign Affairs of the Kingdom of Denmark, to Kazakhstan. More than 100 representatives of government agencies, development

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Business & Economy KZ

EDB participates in Bank of America-arranged $670 million financing for Almaty International Airport

The Eurasian Development Bank (EDB) says it acts as a senior co-lender in the financing of Almaty International Airport as part of a syndicate arranged by Bank of America. The total financing will amount to $670 million, with the EDB contributing $100 million. Almaty International Airport is the largest aviation hub in Central Asia and

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International Affairs KZ UZB

Kazakhstan’s railway company to launch women-only cars on Almaty–Tashkent route

Kazakhstan’s national railway operator, Kazakhstan Temir Zholy, has announced the launch of the Women’s Carriage service on an international train route for the first time. Starting October 1, 2026, the service will be available in the daily train operating on the Almaty–Tashkent route. “The international Almaty–Tashkent route is vital for developing passenger travel between Kazakhstan

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