IT Park Ventures invested over $1.56mln in five Uzbek startups.

https://www.spot.uz/ru/2025/06/25/itpark-venture/

Uzbekistan and Mongolia signed a declaration on comprehensive partnership, agreeing to deepen cooperation in mining, transit, agriculture, education, and trade.

https://www.gazeta.uz/ru/2025/06/24/mongolia

Monthly review of the trading activity at the Tashkent Stock Exchange for May.

Fitch Ratings upgrades Uzbekistan sovereign rating from BB- to BB with a Stable outlook.

https://www.fitchratings.com/research/sovereigns/fitch-upgrades-uzbekistan-to-bb-outlook-stable-26-06-2025

Uzbekistan’s BNPL market hit 8.5trln UZS by 2025, prompting the CB to propose new transparency and reporting rules.

https://www.spot.uz/ru/2025/06/26/cb-bnpl

Uzbekistan Airways will lease two Airbus A321neo jets in 2026.

https://www.spot.uz/ru/2025/06/26/uzairways-planes/

Gold made up 44% of Uzbekistan’s exports in early 2025, totaling $6.5bln—up 54.8% y-o-y.

https://www.gazeta.uz/ru/2025/06/26/gold/

Uzbekistan’s Senate approved abolishing double customs duties on imports from non-preferred countries, aligning trade rules with WTO standards.

https://interfax.com/newsroom/top-stories/112284/

TBC Bank Group acquires a majority stake in BILLZ, Uzbekistan’s leading retail management SaaS platform.

https://www.linkedin.com/posts/tbcbankuz_partnership-with-billz-activity-7344250829484318720-wqkz

From January to May 2025, Uzbekistan exported 741,000 tons of fruits and vegetables worth $619.6mln.

https://www.freshplaza.com/asia/article/9744679/uzbekistan-earned-nearly-620-million-from-fruit-and-vegetable-exports-in-2025/

Overview:
- Renesans Microfinance JSC attracted 10bln UZS from Tadbirkorlikni Rivojlantirish Kompaniyasi JSC (Company for Development of Entrepreneurship);
- AVO Bank JSC registered a 500bln UZS bonds issue;
- Ipoteka Bank ATIB (IPTB) will pay dividends of 0.25 UZS per preferred share;
- Toshkentvino kombinati JSC (TKVK) decided not to distribute dividends for 2024FY;
- UNLIMPAYMENTS LLC acquired more than 20% of the equity of CS Express Pay JSC;
- Qizilqumsement JSC (QZSM) decided not to distribute dividends for 2024FY;
- O‘zkimyosanoat JSC approved the transfer of its 100% stake in Dehqonobod Kaliy Zavodi JSC which is worth over 2.66trln UZS - to the UzSAMA;

Weekend reading: Time Out named Samarkand, Uzbekistan the best solo travel destination in Asia for 2025.

https://www.timeout.com/news/the-underrated-city-named-the-best-solo-travel-destination-in-asia-060625

Weekend reading: CFG, which owns Manchester City, is considering acquiring one of the football clubs in Uzbekistan.

https://www.gazeta.uz/ru/2025/06/27/city-football-group-uzb

Weekend reading: Uzbekistan launched new Aral Sea recovery projects and a green certification system for businesses at Eco Expo Central Asia 2025.

https://www.euronews.com/green/2025/06/20/more-trees-more-tools-uzbekistan-steps-up-on-aral-sea-recovery-and-support-for-green-busin

Weekend video: Documentary on one day of the traditional xonim food seller.

https://youtu.be/yzJA_dmTqRg

Weekend video: A glimpse of Uzbekistan in 60 seconds.

http://english.anhuinews.com/newscenter/headline/202506/t20250618_8563227.html

A weekly digest of news and overview of stock exchange trading results.

NavoiyUran SE places 5-year USD-denominated $300mln Eurobond at record-low coupon of 6.70% on LSE with $1.3bln oversubscription, which enabled to decrease the rate from the initial level of 7.250-7.375%.

https://navoiyuran.uz/en/navoiyuran-se-places-300-million-eurobond-with-lowest-coupon-rate-on-london-stock-exchange/