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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Senate approves administrative penalties for odometer tampering in used car market

The Senate has approved legislative amendments that introduce explicit administrative liability for selling a vehicle with a modified or replaced odometer without informing the buyer.

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Uzbekistan aims to raise urbanization rate to 65% by 2040 – President Mirziyoyev

Uzbekistan plans to increase its urbanization level from the current 51% to 65% by the end of 2040, President Shavkat Mirziyoyev announced during his address at the Leaders' Summit of the 13th World Urban Forum in Baku.

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Abdukodir Khusanov makes FA Cup best XI and short-list for Manchester City player of the year

▪️ Uzbekistan national team defender Abdukodir Khusanov has earned a spot in the FA Cup Team of the Season, compiled by the statistics portal Sofascore. Khusanov’s consistent performances throughout the tournament earned him an average rating of 7.32.

▪️ In addition to his tournament honors, Khusanov has been announced as one of the final three nominees for Manchester City’s Player of the Season award. The Uzbek defender joins English midfielder Nico O'Reilly and Belgian winger Jeremy Doku on the short-list.

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