The National Bank of Kyrgyzstan recapitalized Rosinbank and doubled its authorized capital, official website of the National Bank of the Kyrgyz Republic reported. Following the capitalization, the authorized capital of Rosinbank OJSC was increased by more than 700 million soms and brought to 1,498.7 billion soms. “The National Bank conducted financial recovery measures for Rosinbank,…Details
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President of Uzbekistan Shavkat Mirziyoyev visited Forish district of Jizzakh region and the site where the first nuclear power plant of Central Asia would be built in 8-9 years. The head of state spoke with the leaders of the UzAtom Agency and the Rosatom Corporation. He noted that the project was a new strategic area…Details
In 2018, the trade turnover between Azerbaijan and Germany increased by 61% YoY, Azerbaijani Deputy Economy Minister Rufat Mammadov said at the eighth meeting of the Azerbaijani-German high-level working group in Baku. The deputy minister noted that relations between the two countries were developing positively. Mammadov noted that Azerbaijan’s share among Germany’s partners in the…Details
In 2018, the Deposit Guarantee Fund of Ukraine completed the liquidation of the first four banks that were transferred to the Fund’s management. “The year 2018 was the year of completion of the procedure for liquidation of the first four banks that were transferred to the management of the Fund – PJSC State Land Fund,…Details
Ukraine’s national budget in 2018 saw a deficit of UAH 59.248 billion, or $1.865 billion, up by 23.7% YoY (UAH 47.882 billion, or $1.507 billion). The country’s consolidated budget over the period under review saw a deficit of UAH 68 billion ($2.14 billion), up 1.6-fold, according to Ukraine’s Treasury Service. (UNIAN/Business World Magazine)Details
Head of State Nursultan Nazarbayev has set a new task to the domestic airlines at a governmental meeting. The President commissioned them (primarily Air Astana) to launch flights to the U.S. and Japan. He stressed this objective must be fulfilled till the year-end. Minister of Industry and Infrastructure Development Zhenis Kassymbek reported to the President…Details
The preparations for the construction of a 200-meter high building, the highest in Uzbekistan, as part of the International Business Center Tashkent City project, has started. Currently, the construction is in its second phase. The calculations and analytics are done with use of IT technologies. Recently, the geological research of the soil has been completed…Details