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DUSHANBE (TCA) — Saudi Arabia through the Islamic Development Bank will provide $108 million to Tajikistan for the reconstruction of two road sections Kulyab-Shuroabad and Shkev-Kalai Khumb of the Kulyab - Kalai Khumb motor road, Avesta news agency reported with reference to Tajikistan’s Transport Ministry. Continue reading
TASHKENT (TCA) — In 2016 the economy of Uzbekistan will receive an equivalent of US $17.3 billion of capital investment, 23.5 percent of which will be foreign investments, Uzbek President Islam Karimov said in his New Year address to the nation. Continue reading
BISHKEK (TCA) — Politically and economically, Central Asia will largely depend on Russia’s and China’s recovery and any prediction for 2016 can make sense only with consideration of the political and economic capabilities of these two countries. Continue reading
DUSHANBE (TCA) — Tajikistan President Emomali Rakhmon met with the King of Saudi Arabia Salman bin Abdulaziz Al Saud in Riyadh City on January 3. Continue reading
BISHKEK (TCA) — The Toktogul hydro power plant (HPP) located in the south of Kyrgyzstan recently suffered two accidents. To help find causes of the accidents and cope with their consequences, Russian energy specialists arrived in Kyrgyzstan. Continue reading
ALMATY (TCA) — A Share Purchase Agreement was signed on December 30 between Kazakhstan’s Sovereign Wealth Fund Samruk-Kazyna (SK) and Joint Stock Company Kazkommertsbank (KKB) regarding the purchase of 224,353,416.49 shares in Şekerbank T.A.Ş. by KKB which represents 19.37 percent of the share capital of Şekerbank, the press service of KKB said. Continue reading
