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The innovation system of Uzbekistan is being modernized

The World Bank (WB) supports Uzbekistan’s investment in research and commercialization of innovations. The World Bank’s Board of Executive Directors has approved $50 million for the “Modernization of the national innovation system in Uzbekistan” project. “The new project, supported by the World Bank, will help the government develop a national …

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Uzbekistan is attracting investment

On October 24, a discussion was held in the format of a videoconference on the progress of the implementation of tasks to strengthen trade-economic, investment, financial-technical, transport-logistics and cultural-humanitarian cooperation with China and the Republic of Korea. Heads of ministries, departments and industry associations took part in the discussion, which …

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Uzbekistan increases exports

A landlocked Central Asian country that shares its southern border with Afghanistan, the Republic of Uzbekistan shipped an estimated US$11.1 billion worth of goods around the globe in 2019. That dollar amount reflects a 10% increase since 2017 and a 1.5% gain from 2018 to 2019. From a continental perspective …

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Israeli cabinet approves normalisation plans with UAE

Israel’s cabinet approved a normalisation deal with the United Arab Emirates on Monday and Prime Minister Benjamin Netanyahu said he and Abu Dhabi’s crown prince had spoken and agreed to meet soon. The U.S.-brokered “treaty of peace” establishing full relations with the Gulf Arab country broke new diplomatic ground in …

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Become the Winning Team

Passionate teams and employees drive businesses to form winning teams and strive into more success in the corporate world. What are the keys to success into becoming the winning team? By Emile Fakhoury I believe performance and passion walk hand in hand on the success ladder, a team can start …

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Ex-PM Hariri wants French intervention

Lebanon’s leading Sunni Muslim politician, former premier Saad al-Hariri, called for the restoration of a French plan to lift the nation out of its worst financial crisis since its 1975-1990 civil war. Former colonial power France, which has led foreign aid efforts, has tried to rally have Lebanese leaders to …

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Uzbekistan becomes a country of tourists

Tourism in Uzbekistan has always drawn people from far and wide. For anyone who knows about the country, this is easy to understand – bright colours, intricate patterns, rich flavours, and friendly people await every visitor. Traces remain of great empires that have long since been blown away by the …

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Uzbekistan Economic Growth: EU allocates over €2 million

The Covid-19 pandemic and related measures will bite into growth this year. Internally, demand will likely be downbeat amid social distancing measures and weaker remittance inflows. On the external front, feeble external demand and rising uncertainty will keep exports subdued. The possibility of further domestic restrictions clouds the outlook. FocusEconomics …

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US charges Iranian tech firms with hacking

The U.S. Department of Justice on Thursday announced charges against three Iranians over allegations they stole information from aerospace and satellite technology firms on behalf of the Islamic republic’s Revolutionary Guards. The indictments follow a flurry of recent actions against alleged Iranian cyber spies including the announcement, earlier on Thursday, …

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