Three massive residential development projects worth over $800mln launched in Tashkent. Two of these projects will be located at the recently privatized land plots in the city center.

https://www.gazeta.uz/ru/2025/06/17/projects/

Interview with Marius Dan, Central Asia CEO of Franklin Templeton, managing UzNIF at Quest Means Business by CNN.

https://www.youtube.com/watch?v=Zh96lf6mdQ4

Interview with Nikolay Seleznev, co-founder of Uzum at Quest Means Business by CNN.

https://www.youtube.com/watch?v=nkOF1gsCeMo

Interview with Mr.Abdulla Azizov, Head of Pharmacy Development Agency about the processes at the local market.

https://www.gazeta.uz/ru/2025/06/17/pharmacy/

Comments by Mr.Shodlik Nazarov, Senior Analyst of Avesta investment Group about eurobonds market for Uzbek companies.

https://uz.kursiv.media/2025-06-10/rynok-shataet-tramp-ugrozhaet-est-li-okno-dlya-evrobondov-uzbekistana/

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Kazakh Magnum Cash&Carry retailer is leaving Uzbek market - company operated an own chain of markets and acquired the Carrefour business in 2023.

https://forbes.kz/articles/magnum-uhodit-iz-uzbekistana-7279f0?utm_source=in_materials

JV between French Orano and Navoiuran JSC - Nurlikum Mining, plans to start operational uranium mining by the end of 2025. Average production could reach 500t/a with a peak at 700t/a.

https://www.gazeta.uz/ru/2025/06/18/uranium

Central Bank published the review on BNPL market development.

https://www.spot.uz/ru/2025/06/18/bnpl-overview/

Noya Ca Pharmaceutical to invest $14.6mln into a new pharmacy production in Tashkent.

https://www.spot.uz/ru/2025/06/18/pharma/

Supervisory Board of the Uzmetkombinat JSC (UZMK) recommended not to pay any dividends on ordinary shares and pay 300 UZS per preferred share.

https://new.openinfo.uz/facts/41/386

IMF concluded the round of consultations with the government - GDP growth expected at the level 5.9 and 5.8% for 2025 and 2026, while inflation could go down to 8.4 and 6.5%.

https://www.imf.org/en/News/Articles/2025/06/18/pr-25206-uzbekistan-imf-executive-board-concludes-2025-article-iv-consultation

Local home appliances production to attract $20mln.

https://www.spot.uz/ru/2025/06/19/alp-texno/

Russian companies are expected to be contracted for construction of 2GW capacity nuclear power station, in addition to already agreed 110MW mini-nuclear power station.

https://www.spot.uz/ru/2025/06/19/nuclear-energy/

Uzbekistan proposed the idea of the energy transmission corridor between Central Asia and China.

https://www.gazeta.uz/ru/2025/06/19/ca-china-power-grid/

Overview:
- Apex Insurance JSC concluded a real estate purchase agreement with an affiliated party, Aziz Mahmadaminov, for a total amount of 990bln UZS;
- Universal Bank JSCB (UNVB) established a subsidiary company — Finhelp Solutions LLC;
- Uzbekistan Pochtasi JSC (UPOS) approved a capital increase through the issuance of 7.6mln common shares with a nominal value of 1,905 UZS each. The shares will be privately placed with the Ministry of Economy and Finance of Uzbekistan at a placement price of 10,150 UZS per share. Payment will be made via an in-kind contribution of 50 postal branch buildings valued at 77.3bln UZS;
- Uzmetkombinat JSC (UZMK) signed related-party transactions with Metallurgiya Servis Markazi LLC for equipment repair services worth 160bln UZS, and with Bekobod Sanoat Qurilish-Montaj Tresti LLC for design and construction works totaling 30bln UZS;
- Farrukh Nigmatov, a shareholder of Universal Sug'urta JSC (UNSU), acquired an additional 30.71% stake in the company for approximately 6bln UZS;
- Renesans Mikromoliya Tashkiloti JSC obtained a 10bln UZS loan from Universal Bank JSCB (UNVB);
- Alskom Sug'urta Kompaniyasi JSC (ALSM) declared dividends of 483 UZS per preferred share.

Weekend video: series of videos about Uzbekistan at the Quest Means Business by CNN.

https://www.youtube.com/watch?v=2BJ8P-LHGWg
https://www.youtube.com/watch?v=W2mYbwCXxWw
https://www.youtube.com/watch?v=aSQjT2UI95I