AI - The Times Of Central Asia

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Small Business Lending

Uzbekistan Plans AI-Based Lending Platform to Expand Financing for Small Businesses

Uzbekistan’s president Shavkat Mirziyoyev has reviewed proposals aimed at expanding financial support for small and medium-sized businesses, including the launch of a digital lending platform that would use artificial intelligence to assess borrowers and improve access to credit, according to Uzbekistan’s presidential press service. The proposals are part of a wider effort to increase the role of small businesses in the economy and reduce barriers to financial services. Despite years of reforms, officials said many entrepreneurs in Uzbekistan still face difficulties obtaining loans, particularly those without a credit history. According to figures presented during the meeting, the total loan portfolio allocated to small and medium-sized businesses has reached 218 trillion UZS, or about $17.3 billion, equivalent to around 12% of the country’s GDP. However, unsecured online microloans remain limited, and obtaining such financing currently takes up to seven days on average. The government plans to address these challenges through a new digital financial platform where entrepreneurs will be able to submit loan applications, receive offers from several banks simultaneously, compare terms, and choose the most suitable option. The platform is expected to be integrated with Uzbekistan’s e-government databases, allowing banks to automatically access information on businesses. Officials said this would reduce paperwork, shorten processing times, and limit human influence in lending decisions. One of the most significant proposed changes is the introduction of an alternative credit scoring system using elements of AI, scheduled for implementation from December 1, 2026. Unlike traditional scoring models that rely mainly on previous borrowing history, the new approach would consider factors such as business activity, utility payments, turnover, tax records, and other digital indicators. The aim is to enable banks to assess entrepreneurs who have never taken out loans before, potentially widening access to financing for startups and small enterprises operating outside conventional banking criteria. The government also plans to use AI tools to generate recommendations for improving creditworthiness, evaluating business risks, and supporting business development. Commercial banks may also introduce an “AI consultant” program designed to help entrepreneurs develop business ideas and identify financing opportunities based on local economic specialization and growth potential within neighborhoods, known as mahallas. Other measures under consideration include increasing the unsecured portion of microloans for borrowers with positive repayment records from 100 million to 200 million UZS. Interest expenses on loans or leasing arrangements of up to 5 billion UZS would also be partially compensated regardless of the total loan or lease size. Officials also proposed annual grants of up to 300 million UZS for 100 high-performing businesses to support digitalization, the adoption of international standards, and green technologies.

ARYK.AI

From Ancient Aryks to AI: Almaty Student Proposes Digital Water Solution

In Almaty, 10th-grade student Amir Alniyazov has developed an artificial intelligence project called ARYK.AI that aims to help city services respond more quickly to clogged aryk channels, localized flooding, and water overflow after heavy rainfall. At first glance, the issue may appear purely municipal: aryks, trash, leaves, rainwater, and utility workers clearing blocked channels. But the aryk system is tied to a much longer urban history. In Central Asia, an aryk is not simply a ditch. It is a traditional water channel that has helped sustain settlements in dry climates for centuries. Aryks irrigated gardens, cooled streets, supplied water, and made urban life possible in parts of the region where summer heat and limited rainfall shaped daily life. In foothill cities such as Almaty, they also became part of the city’s drainage infrastructure. Almaty’s modern aryk network developed during the Verny period, when the city was under Russian imperial rule. By the late 19th century, aryks had become an important part of urban infrastructure. In 1899, a main aryk was built to help distribute water through the city. During the Soviet period, many aryks were lined with stone or concrete, gradually shifting from simple irrigation channels into a visible part of the city’s stormwater system. But the 21st century has brought new pressures. Almaty has expanded rapidly, traffic has increased, and more of the city has been covered with asphalt. Leaves, garbage, and household debris continue to accumulate in aryks. As a result, a system that once quietly carried water through the city is now also expected to help manage urban flooding. [caption id="attachment_49362" align="aligncenter" width="1200"] From a personal photo archive[/caption] Where residents once monitored aryks through daily observation, modern Almaty faces a more complex problem: heavier traffic, denser construction, more paved surfaces, and faster information flows. Alniyazov’s project attempts to bring one of the city’s oldest water systems into the digital age. That is the idea behind ARYK.AI. The system combines AI, water-level sensors, a Telegram bot, an online monitoring map, and routing technology for municipal services. The concept is straightforward. If water levels in an aryk rise sharply, or if trash, silt, leaves, or fallen branches begin to accumulate, the system is intended to issue an early warning before the problem turns into flooding on city streets. The project has two main components. The first is citizen reporting. Residents and visitors to Almaty can use a Telegram bot based on a “single-window” principle to report flooding, blockages, and other problems. Users can attach photos, videos, and geolocation data. AI then processes the information, identifies the nature of the problem, and assesses how urgently municipal services need to respond. The second component relies on sensor data. Water-level sensors installed above aryks can transmit real-time information to the digital platform. If the water rises to a critical level, the system records an alert and sends it to the monitoring program. This is where the system’s more advanced functionality begins. The AI does not simply collect complaints and sensor readings for later...

GSMA Summit

GSMA M360 Eurasia in Samarkand Highlights Push for Faster Digital Growth

Government officials, telecom executives, investors and startup founders gathered in Samarkand this week for GSMA M360 Eurasia 2026, an event focused on one of the region’s biggest questions: how to turn expanding connectivity into long-term economic growth. Held on May 20-21, the summit brought together policymakers and technology companies to discuss artificial intelligence, 5G deployment, digital public services, investment and startup ecosystems. New data released by the GSMA during the event suggests the mobile industry is becoming an increasingly important economic engine across Eurasia. According to the newly published Mobile Economy Eurasia 2026 report, mobile technologies and services generated $270 billion in economic value across Eurasia in 2025, equivalent to 8.1% of regional GDP. That contribution is projected to reach $300 billion by 2030. Opening the event, John Giusti, Chief Regulatory Officer at the GSMA, said decisions made now on regulation, infrastructure and investment will shape Eurasia’s digital future. “The mobile industry is a powerful driver of growth across Eurasia, contributing around $270 billion to the regional economy today and set to reach $300 billion by 2030,” Giusti said during the keynote session. “Hosting M360 Eurasia in Samarkand is especially fitting. Uzbekistan’s rapid digital progress shows how mobile connectivity can modernize public services, boost productivity and improve lives across the region.” The GSMA report estimates that the mobile ecosystem supported approximately 750,000 jobs across Eurasia in 2025. By 2030, mobile’s economic contribution is expected to grow faster than overall regional GDP growth. Yet expansion remains uneven. Despite wider internet coverage, a significant usage gap persists: nearly 29% of people covered by mobile networks across Eurasia still do not use mobile internet. The report identified affordability, digital literacy and trust as the main barriers. [caption id="attachment_49256" align="aligncenter" width="2560"] Image: ТСА, Sadokat Jalolova[/caption] Uzbekistan’s 5G Push and Why 4G Still Matters One of the summit’s recurring themes was 5G deployment. The GSMA forecasts that by 2030, almost 30% of all mobile connections in Eurasia will use 5G technology. Uzbekistan is expected to exceed that average, with more than 40% of connections projected to run on 5G by the end of the decade. Still, Giusti cautioned against focusing exclusively on next-generation networks. In an interview with The Times of Central Asia, he said maintaining investment in existing technologies remains critical. “I think obviously Uzbekistan is leading in terms of 5G deployment,” Giusti said. “But I think it’s very important that we not lose sight of continued investment in 4G.” “We have a lot of 4G devices out there, and I think LTE is offering a huge amount of opportunity for citizens. So, I think it’s this complementary approach of making sure we invest both in the next generation of technology and continue to facilitate the growth of existing technologies.” His comments reflect a broader debate in emerging digital economies: whether governments and operators should prioritize cutting-edge infrastructure or maximize access through already established networks. For many consumers, especially outside major urban centers, 4G remains the primary gateway to digital services. Digital Services Beyond...

Opinion: How AI Is Reshaping the Global Image of Nations

Artificial intelligence is rapidly becoming one of the most powerful geopolitical and economic forces in the world. It is changing how countries compete, build influence, and attract investment. Until recently, discussions about Central Asia’s economic development were dominated by infrastructure, energy, logistics, and natural resources. Today, a new layer of competition is emerging: digital influence shaped by AI systems. According to McKinsey, AI could contribute up to $13 trillion to the global economy by 2030. For Central Asia and Kazakhstan, AI development is no longer just a digital transformation agenda; it is directly tied to technological sovereignty, economic resilience, and long-term competitiveness. Who Shapes a Country’s Image in the Age of AI? Digital influence is increasingly determined by how artificial intelligence systems interpret and represent countries. Consider a Singaporean investor asking Gemini about emerging technology markets in Central Asia. A European procurement manager using ChatGPT to identify logistics partners in the region. A journalist turning to Perplexity for insights on Kazakhstan’s fintech ecosystem before writing a report. In each case, AI generates answers based on the data it has been trained on and can access. This creates a new geopolitical reality: those who shape data and content structure ultimately shape how countries are represented globally. Generative AI is already used at a massive scale, with ChatGPT surpassing 900 million weekly active users as of early 2026. As these systems become default information interfaces, the visibility of countries within AI-generated responses is becoming increasingly important. When high-quality, structured, and authoritative content is missing, AI systems rely on outdated information, fragmented sources, and external narratives. In practice, this means that a lack of structured digital presence can directly influence international perception. How Other Countries Are Responding Several countries have already recognized this shift and are actively responding. According to Axios, Israel paid Brad Parscale’s firm $9 million as part of a campaign aimed at shaping how AI platforms portray the country. The United Arab Emirates and Saudi Arabia are investing heavily in AI infrastructure and Arabic-language models, including Gulf-backed data centers, sovereign AI initiatives, and Arabic-first large language models. These efforts go beyond technology development. They represent a broader competition for influence in an information environment where AI-generated responses increasingly shape global understanding. AI Momentum in Kazakhstan In 2025, Kazakhstan was listed among the region’s strongest performers in the Government AI Readiness Index published by Oxford Insights. Kazakh officials cited a ranking of 60th out of 195 countries, while Oxford Insights published a regional report that placed Kazakhstan 58th globally. In either case, it was the highest-ranked of the five Central Asian states and represented a sharp improvement from the previous year. Over the past two years, Kazakhstan has demonstrated rapid progress in artificial intelligence. Venture investment in AI has increased more than fivefold, from $14 million to $73 million. IT service exports surpassed $1 billion in 2025, with later ministry figures putting the total at about $1.14 billion. The Kazakh-linked AI startup Higgsfield AI has also been widely described as Kazakhstan’s...

Global Tech Weekend

Global Tech Weekend Brings International Investors and Startups to Uzbekistan

More than 2,500 startup founders, investors, developers, venture capital representatives, and technology experts gathered in Uzbekistan’s capital from May 15-17 for the inaugural Global Tech Weekend × TECH FEST, an event organizers say reflects the region’s growing role in the international innovation economy. Held in partnership with IT Park Uzbekistan, the three-day festival featured more than 40 events and over 120 speakers from Central Asia, Europe, the Middle East, and the United States. Discussions covered artificial intelligence, venture capital, gaming, digital transformation, startup scaling, and cross-border investment. The event marks Global Tech Weekend’s first edition in Uzbekistan. Founded in Los Angeles in 2024, the event debuted in Tbilisi in 2025 before expanding in 2026 to Tashkent, Tbilisi, and Baku as flagship host cities. “You have everything you need to achieve your goals. IT Park and the government provide strong support. I wish every country had this level of support,” said Jaba Kikvidze, co-founder of Global Tech Weekend, during the festival. “My advice to founders in Uzbekistan is to work hard, look beyond the local market, explore new opportunities, and make use of the ecosystem being built around you,” he added. [caption id="attachment_49077" align="aligncenter" width="300"] @IT Park Uzbekistan[/caption] One of the recurring themes of the event was how Central Asian startups can move beyond domestic markets and attract international investment. During a panel titled “Roots: Local Playbooks on Investing and Building within Central Asia,” regional investors discussed how funding strategies and startup expectations are evolving across emerging economies. Representatives from global accelerators and investment networks also highlighted growing international interest in founders from less traditional technology hubs. Speaking to The Times of Central Asia, Farrukh Erkinov, head of the Startup Ecosystem Development Department at IT Park Uzbekistan, said one of the festival’s main objectives was to create direct links between local entrepreneurs and global investors. “One of the most important factors in today’s startup ecosystem is connection to the global community,” Erkinov said. “Through Global Tech Weekend, we aimed to create a direct platform for startups in Uzbekistan to interact with international investors, accelerators, and technology partners.” [caption id="attachment_49078" align="aligncenter" width="300"] @IT Park Uzbekistan[/caption] Artificial intelligence was another major focus of the festival. Speakers including Ethan Pierse, a partner at Borderless Ventures whose work focuses on the AI economy, argued that traditional investment models are becoming less effective as AI reshapes industries and shortens startup development cycles. The event also included startup pitch competitions featuring projects from Uzbekistan and neighboring countries, mentorship sessions with international experts, and esports tournaments centered on PUBG MOBILE and Mobile Legends. Organizers said the festival is intended to connect Central Asia more closely with the Caucasus and other neighboring regions. “We believe we can unite Central Asia and the Caucasus,” Global Tech Weekend co-founder Guri Koiava told The Times of Central Asia. “This means friendship, bridges between countries, joint investments, and new business opportunities. Here I see a strong drive from young people. They believe in what they are building."

Organization of Turkic States

Turkic States Focus on AI and Trade at Kazakhstan Summit

Leaders of the Organization of Turkic States (OTS) are holding an informal summit in the city of Turkistan, focused on artificial intelligence, digitalization, and economic integration, as Central Asia gains importance as an alternative trade corridor between Europe and China. The meeting brings together the leaders of Kazakhstan, Turkey, Azerbaijan, Uzbekistan, and Kyrgyzstan, along with representatives of observer states. Discussions are centered on digital platforms, joint AI projects, transport corridors, and industrial cooperation. The summit comes amid rapid growth of the Trans-Caspian International Transport Route, also known as the Middle Corridor, which links China and Europe through Central Asia and the Caucasus while bypassing Russia. According to analysts in Kazakhstan, cargo volumes along the route reached 3.3 million tons in 2024, almost six times the 2021 level. Turkish President Recep Tayyip Erdoğan arrived in Astana on a state visit ahead of the summit and held talks with Kazakh President Kassym-Jomart Tokayev. “Kazakhstan and Turkey are connected by enduring friendship, brotherhood, and eternal partnership,” Tokayev said following the meeting. Erdoğan thanked Kazakhstan for the reception and highlighted the escort provided by Kazakh military fighter jets after his aircraft entered the country’s airspace. According to participants at the OTS business forum, the combined GDP of member states exceeds $2.1 trillion, while their total population stands at 178 million people. Despite increasing political coordination, trade between OTS countries still accounts for only around 7% of their total foreign trade turnover, leaving considerable room for deeper economic integration, analysts say. OTS member states are increasingly seeking to expand cooperation beyond cultural and political ties by focusing on logistics, the digital economy, and joint investment projects. Kazakhstan views the organization as one of the instruments for diversifying its foreign economic relations and expanding its role as a transit hub between Asia and Europe.