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Uzbekistan purchases nearly $1mn of green energy from residents in 2024

More than 10,800 citizens of Uzbekistan participated in the Solar Home program, selling electricity generated by their solar panels back to the national grid.

Details — https://daryo.uz/en/n7xH7NpO

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M42 signs MoU with Uzbekistan to expand genomics research and innovation

M42 has signed a Memorandum of Understanding with Uzbekistan’s Ministry of Health to collaborate on the Uzbek Genome Program, aiming to enhance genomics research, develop diagnostic tools, and improve public health through early disease detection and personalized healthcare solutions.

Details — https://daryo.uz/en/nc2glqg8

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President Mirziyoyev reviews final stage of Uzbekistan’s Center for Islamic Civilization

President of Uzbekistan visited the Center for Islamic Civilization’s construction site, emphasizing its role in preserving Uzbekistan’s rich heritage, fostering research, and promoting Islam’s values of peace and progress as the project nears completion.

Details — https://daryo.uz/en/nymTPtVf

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From Moscow to Washington: Armenia's strategic shift and the diaspora’s hidden influence

Armenian Foreign Minister Ararat Mirzoyan and US Secretary of State Antony Blinken recently signed a charter on strategic cooperation, marking a step in the growing relationship between Yerevan and Washington. While Armenia has long been aligned with Moscow, recent years have seen the country actively pursue closer ties with the United States and Western nations. This shift is driven by several key factors, with the influence of the Armenian diaspora playing a pivotal role.

Details — https://daryo.uz/en/nBh5kJi3

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Foreign currency exchange rates against the Uzbek soum as of January 30

🇺🇸 $1 = UZS 12,968.34 (-6.64)
🇪🇺 €1 = UZS 13,492.26 (-48.43)
🇷🇺 ₽1 = UZS 132.32 (-0.74)


WMO, World Bank partner to modernize hydrometeorological services in Central Asia

This initiative aims to enhance regional hydrometeorological services across Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan, ensuring more effective climate and hydrological service delivery.

Details — https://daryo.uz/en/ndDV4O7a

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Kazakhstan seeks better contract terms from oil majors amid ongoing disputes and settlements

Kazakhstan intensifies efforts to secure better terms from international oil companies, seeking improved contract conditions amid ongoing disputes over key oilfields, including Kashagan, Karachaganak, and Tengiz, as part of its strategy to strengthen control over its vast natural resources.

Details — https://daryo.uz/en/nQbRD8N4

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Meta leads, blocked (banned) TikTok in top ten: ranking of foreign IT companies by tax payments in 2024

Foreign IT companies operating in Uzbekistan saw a 1.5-fold increase in tax payments in 2024, reaching UZS 115.8bn ($8.96mn), with the top ten companies contributing 99.9% of the total taxes, according to the Tax Committee.

Details — https://daryo.uz/en/n7lWNtxB

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Tajikistan's electricity exports reach $113mn in 2024, up 2.4% y/y

Tajikistan's electricity exports reached $113mn in 2024, a 2.4% y/y increase, with December alone seeing a 53% m/m rise in export value, despite seasonal supply challenges and ongoing power shortages in rural areas.

Details — https://daryo.uz/en/nce7wTKQ

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More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp

In just three months since the launch of its updated version, the Hambi ecosystem has attracted 700,000 new users, with the number of active monthly users exceeding 4,000,000.

Details — https://daryo.uz/en/nyCovFOb

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Uzbekistan's electricity generation up 38% in eight years

Uzbekistan’s electricity generation has increased by 38% over the past eight years, driven by private sector liberalization and a growing focus on renewable energy, as the country plans for a future of rising demand and significant investment in infrastructure to meet growth targets by 2035.

Details — https://daryo.uz/en/n8Ob2R8o

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Kazakhstan sends first Kashagan oil shipment via Baku-Tbilisi-Ceyhan pipeline

The oil, loaded on the Kazakh tanker Taraz, departed from the port of Aktau and is now en route to Baku, where it will be transported via the BTC pipeline system to the Mediterranean Sea.

Details — https://daryo.uz/en/ndUHiB3U

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Foreign currency exchange rates against the Uzbek soum as of January 29

🇺🇸 $1 = UZS 12,974.98 (+11.71)
🇪🇺 €1 = UZS 13,540.69 (-56.48)
🇷🇺 ₽1 = UZS 133.06 (+0.32)


Kyrgyzstan maintains key rate at 9% as economy grows by 9% in 2024

The National Bank of Kyrgyzstan keeps its key rate at 9% to support price stability amid 9% economic growth in 2024, driven by services, construction, and rising domestic demand.

Details — https://daryo.uz/en/nQ8nrxz5

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WFP warns of growing hunger in Afghanistan as aid cuts leave millions without food

WFP cautions that cuts to international aid and the freeze in U.S. foreign funding are leaving millions of Afghans without sufficient food, with only half of those in urgent need receiving assistance amid Afghanistan's deepening economic crisis and the impact of Taliban restrictions on women.

Details — https://daryo.uz/en/nG2c35Xp

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Kazakhstan's trade turnover with China up by 9%, reaching $43.8bn

China ranks among Kazakhstan’s top five investors, with 62 projects worth $8.7bn already completed, generating 11,000 jobs.

Details — https://daryo.uz/en/ncmOAFpo

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Uzbekistan, Turkmenistan sign two key documents to strengthen bilateral cooperation

Uzbekistan and Turkmenistan have signed two key agreements to further strengthen their bilateral cooperation, focusing on a joint program for 2025-2026 and enhancing their legal framework, with trade and multifaceted partnerships continuing to expand across various sectors.

Details — https://daryo.uz/en/ny9ULNAZ

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Uzbekistan, Kyrgyzstan, and Kazakhstan discuss Kambarata-1 HPP project in Tashkent

Energy ministers from Uzbekistan, Kyrgyzstan, and Kazakhstan, alongside World Bank representatives, gathered in Tashkent to discuss advancing the Kambarata-1 HPP project, focusing on regional energy security and sustainable growth.

Details — https://daryo.uz/en/n8uHNLi8

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Uzbekistan to boost green energy share from 16% to 26% in 2025

To achieve the targeted growth in green energy, Uzbekistan plans to launch 16 solar and wind power plants with a combined capacity of 3.5 gigawatts, five hydroelectric power plants generating 160 megawatts, and energy storage facilities with a capacity of 1.8 gigawatts.

Details — https://daryo.uz/en/nMxbN7ZF

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Foreign currency exchange rates against the Uzbek soum as of January 28

🇺🇸 $1 = UZS 12,963.27 (-5.78)
🇪🇺 €1 = UZS 13,597.17 (-13.85)
🇷🇺 ₽1 = UZS 132.74 (+0.55)

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