Asman Airlines prepares to launch Tashkent–Issyk-Kul flights this summer

Kyrgyz carrier Asman Airlines is set to enter the Uzbek market with a series of new flight routes connecting Tashkent to several regional hubs in Kyrgyzstan.

👉 https://kun.uz/en/48365891

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Shavkat Mirziyoyev calls for "Digital Turkic Corridor" and AI cooperation at OTS summit

Speaking at the OTS summit in Turkistan, President Mirziyoyev noted that the integration of the Turkic world is a long-term strategic priority. He argued that the weakening influence of global institutions necessitates a more coordinated dialogue between member states. To facilitate this, Mirziyoyev presented a comprehensive package of initiatives ranging from artificial intelligence and cybersecurity to climate monitoring and youth support.

👉 https://kun.uz/en/41129437

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Legislative Chamber approves draft law on Tashkent International Financial Center in first reading

The draft law outlines the institutional framework of the center, defining the roles of the TIFC administration, the Financial Services Authority, and the Tashkent International Commercial Court. Lawmakers noted that the development of the center draws heavily on successful international models, including the Singapore International Financial Centre, the Dubai International Financial Centre (DIFC), and the Astana International Financial Centre (AIFC).

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Tajikistan remains top buyer as Uzbekistan exports 1.2 thousand tons of rice in Q1

Uzbekistan’s rice exports reached 1.2 thousand tons during the first three months of 2026, according to the latest data from the National Statistics Committee. These shipments, delivered to five foreign markets, were valued at a total of $554.9 thousand.

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Business Ombudsman proposes new law to regulate financial penalties for legal entities

By defining clear conditions and procedures for penalties, the bill ensures that financial sanctions do not lead to the closure of an organization or undermine its financial stability. The scope of the proposed law is specifically limited to administrative-legal measures against legal entities and does not cover criminal or administrative fines levied against individuals, nor penalties arising from civil law contracts.

👉 https://kun.uz/en/33094422

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Bunyodkor vs. Rivaldo: dispute escalates

Tashkent-based football club Bunyodkor, which once made Luiz Felipe Scolari the world’s highest-paid coach, is facing severe financial difficulties after missing a key debt payment to former player Rivaldo.

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Uzbekistan National Investment Fund debuts on London Stock Exchange

The London Stock Exchange (LSE), one of the world’s largest and oldest financial venues, is hosting an official ceremony today, May 18, to mark the initial public offering (IPO) of the Uzbekistan National Investment Fund (UzNIF).

The event is widely seen as a turning point in Uzbekistan’s financial history. It underscores growing global confidence in the country and validates the economic reforms driven by President Shavkat Mirziyoyev.

High-profile participation from leading international financial corporations indicates that global markets view Uzbekistan as a reliable and promising partner, ready to support foreign investment, corporate governance, and modern transparency standards in local enterprises.

Saida Mirziyoyeva, Head of the Presidential Administration, and Obid Khakimov, Deputy Advisor to the President on Economic Policy, are attending the ceremony in London.

👉 https://kun.uz/en/67740649

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Tashkent rental market sees rapid expansion as annual prices climb over 9%

The rental housing market in Tashkent is expanding at a faster pace than property sales. Over the past year, average rental rates in the capital rose by 9.1%, outpacing the 7.6% growth recorded in the overall housing price index.

👉 https://kun.uz/en/89791644

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Japan deports two Uzbek nationals over student visa overstays

The Immigration Services Agency of Japan deported two citizens of Uzbekistan on May 15 for residing in the country illegally.

👉 https://kun.uz/en/73726741

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Uzbekistan residents to enjoy five consecutive days off for Eid al-Adha

People in Uzbekistan will enjoy a five-day consecutive holiday block at the end of May in celebration of Eid al-Adha. The extended break applies to all employees across the country, regardless of whether they follow a five-day or six-day workweek.

👉 https://kun.uz/en/60153725

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Competition Committee flags violations in UZS 23 billion worth of state procurement contracts

According to investigations conducted by the committee, the Youth Affairs Agency, the Innovative Development Agency, and the Ministry of Preschool and School Education failed to comply with anti-monopoly regulations. The scrutiny revealed anti-competitive practices that restricted or potentially restricted fair market competition across 22 different tenders.

👉 https://kun.uz/en/21702718

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Shavkat Mirziyoyev joins world leaders at World Urban Forum opening ceremony

President Mirziyoyev is scheduled to deliver a speech outlining Uzbekistan's urban development priorities and global cooperation initiatives during the Leaders' Summit of the forum.

👉 https://kun.uz/en/32364723

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Eldor Shomurodov finishes as top scorer in Turkish Super Lig

The final top scorer standings for the Super Lig season concluded with Eldor Shomurodov leading the pack with 22 goals and 5 assists, followed by Paul Onuachu with 22 goals and 2 assists, and Anderson Talisca in third with 19 goals and 4 assists.

👉 https://kun.uz/en/20797974

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Uzbekistan placed fourth globally in daily per capita water consumption

According to data compiled by the online statistics platform Worldometer, daily water consumption per capita in Uzbekistan stands at approximately 4,778 liters.

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Empty seats but no tickets available – the ongoing paradox in Uzbekistan's rail sector

The chronic shortage of tickets on domestic travel routes remains a long-standing and unresolved issue in Uzbekistan. Compounding the problem, fares for newly introduced trains are exceptionally high, yet tickets remain perpetually scarce. When asked about possible solutions, the Tourism Committee pointed to a fundamental imbalance, noting that while the number of travelers has surged, rail infrastructure remains limited.

👉 https://kun.uz/en/94182400

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Uzbekistan integrates into global financial system with major UzNIF debut in London

Uzbekistan opened a new chapter in its economic history on 18 May 2026, with the successful initial public offering (IPO) of the Uzbekistan National Investment Fund (UzNIF) on the London Stock Exchange.

👉 https://kun.uz/en/26467654

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Cobalt sales drop 30% as electric vehicles gain traction in Uzbekistan automarket

Uzbekistan’s automotive market experienced notable structural shifts during the first four months of 2026, characterized by a sharp decline in the sales of the country's long-standing market leader, the Chevrolet Cobalt, alongside a rapid surge in demand for electric and hybrid vehicles.

👉 https://kun.uz/en/52570688

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EDB officially opens representative office in Tashkent

The Eurasian Development Bank (EDB) has officially opened its representative office in Tashkent. Nikolai Podguzov, Chairman of the EDB Management Board, announced that the bank has initiated full-scale operations in the country following the completion of all legal and administrative procedures regarding Uzbekistan's accession to the financial institution.

👉 https://kun.uz/en/68415274

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