198 stories
The Agency for State Asset Management has put 99.9% of shares in Namangan Agro Logistics up for auction on E-auksion with a starting price of 111.69 billion soums. The auction is scheduled for October 19. The fruit and vegetable sorting enterprise operates in Namangan region and posted a loss of about 7.38 billion soums over the first nine months of 2025.
The State Assets Management Agency confirmed the auction listing of an operating dormitory of the Tashkent State Pedagogical University on Mukimi Street. According to agency head Sokhibjon Murodov, the building will pass to the buyer only after new dormitories are built in New Tashkent and students are relocated. The sale is linked to plans to consolidate the university's scattered buildings on a single site.
Chinese companies — from DJI and Insta360 to BYD and robot vacuum makers — are capturing an ever larger share of the global consumer technology market. GoPro, which once controlled more than 70% of the action camera market, was rescued from bankruptcy in September. Experts link China's success to fierce domestic competition, integrated supply chains and low costs, but trust problems persist: more than 90% of Europeans do not trust Chinese companies with their data.
On October 5, the Central Bank of Uzbekistan held a round table on fees in banking and payment services with the participation of commercial banks, payment organizations, payment systems and the media. The discussion covered how Uzcard and Humo tariffs are formed and how their growth affects banks and consumers. Economist Otabek Bakirov stated that over the past year and a half to two years the benefits have been concentrated with payment systems, and called on the regulator to strengthen competition rather than set tariffs administratively.
A study by the Deutsche Bank Research Institute, 'Mapping the World's Prices 2026,' compares couples' disposable income after paying rent for a three-room apartment in the city center. Among 28 European cities, Zurich (€9,140) and Geneva (€8,783) lead, while Lisbon (€253) and Istanbul (€353) close the list. In 11 cities, rent exceeds one net salary.
Kun.uz explained the taxation procedure when individuals sell land plots in Uzbekistan. The tax is paid by the seller; income is defined as the excess of the sale price over the purchase price (or over the cadastral value if documents are absent). No tax or declaration is required if the plot has been owned for more than 36 months.
At an October 8 press conference, AUGA head Sohibjon Murodov explained why operating kindergartens in Tashkent and Kashkadarya region were included in privatization lists. According to him, the building of kindergarten No. 58 in Yakkasaray district is old and has no foundation; children will be moved to a new 720-seat kindergarten, and the facility will be sold with the condition of building a private kindergarten. The Kashkadarya kindergarten is already operating under lease by an entrepreneur. Gazeta's data show a decline in preschool enrollment coverage in 11 of 12 districts.
The Uzbek soum has been losing value against the dollar for nine consecutive trading sessions: from October 3 to 16, the rate rose from 11,772.95 to 12,011.65 soums (+238.7 soums, about 2%). Economist Mirkomil Kholboev links this to the dollar's strengthening on the global market amid the US Federal Reserve's policy tightening, and also names three possible domestic factors, emphasizing that there is no confirming data yet.
According to IMF data as of early October 2026, cited in a Visual Capitalist infographic, Argentina remains the Fund's largest debtor. It is followed by Ukraine, Pakistan ($10.8 billion), Egypt ($10.6 billion) and Ecuador ($9.4 billion).
Uzenergoinspektsiya reported that from January to September 2026 it recorded 2,795 cases of illegal consumption of electricity and gas with damage exceeding 825 billion soums. Also, 4,196 administrative protocols were drawn up, excessive payments were recalculated for entrepreneurs, and the sale of more than 7.4 thousand tonnes of low-quality fuel was prevented at gas stations.
The management of Uzbekhydroenergo JSC, led by board chairman Islom Abdurakhmonov, met with the leadership of the Chinese corporation China Energy International Group. The parties discussed the implementation of investment projects under the decree of the President of Uzbekistan PQ–163 of May 1, 2026, modernization of capacities, introduction of technologies, and personnel training.
A Cabinet of Ministers resolution of Uzbekistan dated October 13 excluded signs with a company's name and type of activity from outdoor advertising objects — an advertising place passport is no longer required for them. Advertising on legal entities' own vehicles has also been simplified, deadlines for short-term advertising and a procedure for dismantling structures have been established.
Uzbekistan has clarified the procedure for granting a 30% discount on contract-based tuition to the children of educators. The benefit applies at state higher education institutions in full-time study, is arranged via kontrakt.edu.uz, and applies to each eligible child of an educator.
Vladimir Putin signed a decree placing the Russian assets of Tarkett, registered in Serbia, as well as several other foreign companies, under temporary management. According to DW, Tarkett has 34 plants, two of which are located in Russia. Reuters describes the measures as a retaliatory campaign against sanctions.
On 13 October 2026, the Cabinet of Ministers of Uzbekistan introduced amendments to advertising regulation, simplifying the placement of advertising materials on vehicles owned by legal entities. Stickers with trademarks and information about a company's activities can be applied under a notification procedure via the Unified Portal of Interactive Public Services (EPIGU), and the advertising place passport will be issued automatically and free of charge — previously the fee was 396,000 soums.
The Ministry of Higher Education, Science and Innovation has extended the deadline for paying tuition contracts and officially enrolling students for the 2026/2027 academic year to November 1. The deadline had previously been extended to October 15. Starting from the new academic year, a compensation of 30% of the contract amount will also be introduced for children of pedagogical workers.
On October 15, Uzbekistan and Kazakhstan agreed to conclude bilateral negotiations on market access as part of Uzbekistan's accession to the World Trade Organization (WTO). The talks, initiated by Kazakhstan in February, lasted eight months. Azizbek Urinov, the Uzbekistan President's representative on WTO matters, stated that after domestic procedures, the signing of a preliminarily agreed protocol is expected in the coming weeks.
The US Treasury Department extended the license allowing Lukoil gas stations outside Russia, including in the US, to operate until April 24, 2027. The decision came a week after Trump announced a diesel deal with Russia, which is criticized by EU foreign ministers.
