Your daily news update on Uzbekistan

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Last update: 6 hours ago

Energy & Utilities: Uzbekistan will raise electricity and gas tariffs from June 1, 2026, with higher kWh rates for most consumer groups and a set gas price of 2,000 soums per cubic meter for most categories. Gas Output Boost: Condor Energies says it hit a new record at its Uzbek gas fields, topping 14,000 barrels of oil equivalent per day in April after connecting a new horizontal well. Digital Push: The Digital Technologies minister met China’s SINOSURE to expand digital transformation, telecom infrastructure, and export insurance for tech projects. Payments & Finance: UZCARD and Mastercard signed an MoU to expand cashless payments and cross-border settlements, while the Central Bank ordered tougher ATM oversight after failed transactions and delayed refunds. Capital Markets: UzNIF completed what it calls the biggest IPO in Uzbekistan’s history, with a concurrent London listing, and trading on the local market set to start May 18. Transport & Connectivity: Uzbekistan’s TRACECA role grew as an Uzbek official was appointed Secretary General, and a unified transit permit agreement was signed; meanwhile, Asman Airlines plans Tashkent–Issyk-Kul flights from late June. Trade & Food: Rice exports reached 1,200 tons in Q1, and banana imports rose 44.7% year-on-year. Tech Weekend: Tashkent hosted Global Tech Weekend with 120 speakers and dozens of startup-focused events. Sports: Uzbekistan’s youth boxing teams topped the Asian Championships in Tashkent, and Arthur Guliev won gold at a canoe sprint World Cup stage.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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