The opening ceremony of a new legume processing plant under BMB AGRO was held in the Arnasay district of Jizzakh region. The event was attended by local authorities, law enforcement, tax officials, and the chairman of the BMB HOLDING Supervisory Board. As part of the occasion, sunnat tuy ceremonies were also held for 50 local children.
A business conference organized by Centrum Holding in collaboration with Yard Business Club took place in Tashkent. The highlight of the event was the presentation by Centrum Air, which unveiled its development strategy and announced the launch of new international routes. The gathering brought together partners, industry experts, and media representatives, reinforcing the holding's status as one of the most dynamically growing market players.
With BMB GLOBAL SAYOHAT, you can travel easily and comfortably around the world
BMB GLOBAL SAYOHAT is one of the leaders in handling all organizational aspects of travel, providing fast, high-quality, and reliable services. The company offers personalized service to each client who wants to organize their trip perfectly, helping to plan and realize their dream travels.
A trial is underway in the US that could change the digital landscape - Meta, the corporation that owns Facebook, Instagram, and WhatsApp, has come under the scrutiny of the Federal Trade Commission (FTC).
As of March 1, 2025, there are 15,503 enterprises and organizations with foreign investment operating in Uzbekistan. This was reported by the National Committee of Statistics.
TEMU to Start Operations in Uzbekistan as a Registered Taxpayer
Marketplace TEMU has become a resident of Uzbekistan, but restrictions remain in place for now.
Starting April 1, 2025, the exclusive rights of five major companies, including "Uzbekekspertize" and "UzEngineering," will be abolished in Uzbekistan. Now, privileges will be granted only in exceptional cases - to protect the safety, health of the population, and in emergency situations.
A delegation of Uzbek businesswomen, headed by the Chamber of Commerce and Industry of Uzbekistan, visited Oman with a business mission.
Japanese business is expanding its influence in Uzbekistan's IT sector
Japan is taking the lead in Uzbekistan's digital transformation by increasing investments and expanding IT cooperation.
A Russian court fined Google 3.8 million rubles (approximately $41,500) for posting content on YouTube showing Russian soldiers how to surrender. This was reported by the Russian TASS agency.
Elon Musk offered to buy OpenAI for $97.4 billion, but the company unexpectedly rejected his proposal. The CEO of OpenAI responded to the billionaire with a witty remark: "No, thanks. If you want, we can buy Twitter for $9.74 billion."
Mechanisms for Implementing Investment Projects Will Be Improved
By June 1, 2025, the automated information system "Control and Monitoring of Investment Project Implementation" will undergo an expert review, and a special information portal will be launched for conducting electronic procurement within projects funded by international financial institutions and foreign government financial organizations (IFI/FGFO), transitioning to digital procurement procedures.
The legendary Apple co-founder Steve Wozniak will visit Tashkent on March 19-20, delivering a special talk at Central Asian University, located in the heart of the capital. As part of the CAU Technical Summit, he will personally participate, sharing his unique insights and predictions about the future of technology, innovation, and entrepreneurship.
Alibaba's new version of Qwen 2.5 surpassed its competitors: the Chinese giant is challenging world leaders in AI.
Tesla joins BMW against EU tariffs
Tesla, BMW, and Chinese automakers have filed legal challenges against the European Union's tariffs on Chinese-made electric vehicles. On Monday, Tesla submitted its case to the Court of Justice of the European Union, joining the ongoing legal battle.
On January 19, TikTok began restoring its services in the United States. This occurred after President Donald Trump, the 47th president, announced on Monday that he had decided to extend the deadline before the TikTok ban went into effect.
Telegram founder Pavel Durov promised to improve the messenger's moderation during a court session in France. According to French media, Durov committed to collaborating with three lawyers to enhance Telegram's moderation processes. This decision aims to ensure user safety and platform compliance with legal standards.
Contract Signed with UAE Company for Waste-to-Energy Project
As part of the "Abu Dhabi Sustainability Week" international summit in the United Arab Emirates, Uzbekistan and the UAE signed an agreement to implement waste-to-energy projects using foreign investments.
Uzbekistan’s Ambassador Ravshan Usmanov held a meeting with James Dauen, Director of the British company DFA. During the meeting, the British company expressed interest in participating in the design of facilities to be constructed in the new city of Tashkent.
Elon Musk has not only reclaimed his position at the top of the world's richest individuals but has also set a new record for personal wealth. According to Bloomberg, Musk's total net worth has reached $347.8 billion, surpassing his previous achievements and setting a historical benchmark.
Tesla's Market Cap Reaches $1 Trillion Following Trump’s Election Victory
Tesla's market value surged to $1 trillion as Republican candidate Donald Trump's victory in the U.S. presidential election sparked a significant rise in the company's shares.
Tashkent, October 17, 2024. The President of Uzbekistan has approved decree No. PП-357 dated October 14, 2024, aimed at further developing the ecosystem for startup projects and venture funding. This initiative is designed to support new ideas and innovations in the field of digital technologies.
Nvidia's shares reached a historic high, closing at $138.07, with the company's market capitalization nearing $3.4 trillion. Investors are eagerly anticipating the upcoming reports from major tech companies, which are heavily investing in Nvidia's AI chips.
The 42-year-old created Grab, a $2 billion-a-year app
Anthony Tan was the youngest of 3 sons in one of the richest families in Malaysia. His father, Tan Heng Chew, was the president of Tan Chong Motor which was founded by Tan's grandfather in the 1950s, multinational automobile distributor publicly listed on the Kuala Lumpur Stock Exchange.
From January to August 2024, Uzbekistan imported nearly 2.6 million mobile phones worth $236.2 million from abroad. This figure marks a significant increase compared to the same period last year.
OpenAI has successfully raised $6.6 billion in its latest funding round, bringing the company’s valuation to $157 billion. This places OpenAI among the top three most valuable startups globally, alongside SpaceX and ByteDance.
KIOGE 2024: A Hub for Strategic Cooperation and Innovation
From September 25-27, the 29th KIOGE 2024 International Oil and Gas Exhibition brought together industry specialists in Almaty. The event attracted 340 companies from 20 countries, with 40% of participants showcasing their innovations for the first time.
The European Union Court has ruled that Apple must pay €13 billion in unpaid taxes in Ireland. This decision concludes a decade-long investigation into the tax breaks provided by the Irish government, marking a significant victory for the European Commission.
New mechanisms are being introduced in Uzbekistan to ensure the continuous development of small businesses. A presidential decree (PQ-312) issued on September 7, 2024, will enhance the "Continuous Support for Small Businesses" program, offering entrepreneurs new financial opportunities.
Better Conditions for Entrepreneurs to be Established
On August 30, 2024, the President issued Decree No. UP-132, outlining measures to implement tasks identified in the fourth open dialogue with entrepreneurs. The decree aims to improve business conditions and address existing challenges in the entrepreneurial sector.
French TV channel LCI has reported the detention of Telegram founder Pavel Durov in Paris, citing his refusal to cooperate with French law enforcement as the reason.
President Shavkat Mirziyoyev will soon begin an open dialogue with entrepreneurs in Nukus.
Business Stability Rating in Uzbekistan Supports Entrepreneurial Development
Starting from February 1, 2024, Uzbekistan introduced a "Business Stability Rating" as per the presidential decree. This rating provides new opportunities for businesses and important tax incentives.
The Cabinet of Ministers issued a resolution on July 31, 2024, No. 463 "On measures to organize the evaluation of key performance indicators (KPI) for leaders and deputy leaders of republican and local executive authorities and economic associations."
According to the Bloomberg Billionaires Index, the combined wealth of the 26 richest Russian businessmen reached $361.8 billion as of August 1, 2024.
BMB Za'faron - Now in China
As the national saffron cultivation develops in our country, the geography of its export is also expanding.
As of 1 June 2024, 14,349 enterprises and organisations with foreign investments are operating in Uzbekistan, according to the data of the Statistics Agency under the President of the Republic of Uzbekistan.
On June 18, a business forum was held in Samarkand with the participation of representatives of the tourism sector of China, the press service of the Tourism Committee of Uzbekistan informs.
Uzbekistan and Austria reach agreements on practical co-operation in the energy sector
A business dialogue between the Uzbek delegation headed by Energy Minister Jurabek Mirzamakhmudov and a number of Austrian companies in the energy sector was held in Vienna to discuss prospects of cooperation, Uzbek Foreign Ministry's news agency Dunyo reported.
The convenient digital system ensures fast and targeted delivery of all user requests directly to qualified specialists, reports the press service of the Chamber of Commerce and Industry of Uzbekistan.
First Deputy Chairman of the Senate of the Oliy Majlis, S. Safoyev, held a meeting with the regional leadership of AcwaPower. This was reported by the press service of the Senate of the Oliy Majlis of the Republic of Uzbekistan.
Uzbek-Malaysian business forum held in Samarkand
Uzbek-Malaysian business forum and bilateral meetings in B2B and G2B formats have been held in Samarkand within the framework of the visit to Uzbekistan of the government delegation headed by Prime Minister of Malaysia Anwar Ibrahim. This was reported by the press service of the Chamber of Commerce and Industry of Uzbekistan.
In March, there was a trend towards an increase in customs receipts, exports of goods and transactions on the commodity exchange. This was reported by the CERR of Uzbekistan.
For the third consecutive month, there has been a decrease in activity in the car market. Only in the segment of passenger electric vehicles a slight increase was recorded. This is according to data from the Centre for Economic Research and Reforms of Uzbekistan.
Apple has conceded the lead in smartphone sales to Samsung
The South Korean giant Samsung became the world's largest smartphone supplier in the first quarter of 2024, according to data from research firm International Data Corporation (IDC).
Turkish businessmen Selcuk and Haluk Bayraktar, who own Baykar Defence, have been included in Forbes' annual billionaires list for the first time.
Singapore, Denmark and U.S. are the best places in the world to conduct business, according to the Economist Intelligence Unit business environment ranking.
IPO: What is it and why is it needed?
Before embarking on an IPO, a company will need to conduct a thorough analysis of its operations, including its management structure, financial health and growth prospects. In addition, the company will have to meet the strict requirements of the exchange on which it plans to launch the IPO.
According to the Agency of Statistics, in January 2024, 5,945 new small businesses (excluding farms and peasant farms) were created in Uzbekistan.
According to the Statistics Agency, as of 1 February 2024, there are 44,363 family businesses operating in Uzbekistan.
Partnership between NUMA Diagnostics and Medipol Clinic
On February 25, a memorandum of cooperation will be signed between NUMA Diagnostics and the prestigious Turkish clinic Medipol.
In February, the company announced its founder's intention to sell up to 50 million shares by the end of January 2025.
In 2023, major Japanese companies spent about 5.348 trillion yen (roughly $36bn) to buy US companies, up 30% from the previous year. This caused political problems due to the acquisition of 222 US companies of various sizes.
Foreign IT giants that paid the most taxes to Uzbekistan
In 2023, 56 foreign companies providing electronic services in Uzbekistan paid taxes worth about 70 billion sums. Meta, Google and Apple contributed 60 billion sums of this amount.
The brand's value rose 74% in a year to reach $516.6bn.
Mobile device manufacturer HMD Global has taken decisive steps by removing all references to the Nokia brand from its official website. This is a symbolic moment, ending the era of Nokia, the once legendary representative in the smartphone market.
Private airport to be built in Akhangaran
The cost of the project is $380 million and construction work is scheduled to begin in the second half of this year.
The Federal Antimonopoly Service explained that the US corporation had violated antimonopoly legislation with a number of bans for iOS application developers.
The State Assets Management Agency announced the start of the public auction process for 100% of the state stake in Pakhtakor Football Club LLC.
Tesla to halt production at its plant in Germany
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Tesla is suspending car production at its plant near Berlin due to component shortages caused by changes to transport routes as a result of attacks on ships in the Red Sea.