South Korean president embarks on Central Asia tour
The trip underscores South Korea’s strategic push to diversify its energy and mineral supply chains amid global economic uncertainties.
Kazakhstan Escalates Compensation Claims to $150 Billion Over Kashagan Field Disputes
In a significant escalation of its legal battle, Kazakhstan has increased its compensation claims against the consortium of international oil companies operating the Kashagan oil field to over $150 billion.
HUMO Air: new low-cost airline takes off in Uzbekistan
HUMO Air, a new low-cost airline based in Uzbekistan, launched its first scheduled flight on Wednesday, connecting the capital city of Tashkent with the historic city of Samarkand.
Kazakhstan: new legislation to tackle personal debt burden
The upcoming legislation focuses on stricter lending rules. Lenders will face lowered government-set interest rates, enhanced borrower assessment protocols, and restrictions on new loans for those who have delayed repayments for over 90 days.
The Xi’an summit: a triumph of China’s regional diplomacy?
China hosts first-ever Central Asia Summit, marking a new era in regional diplomacy. The meeting discusses economics, infrastructure, and geopolitics.
Kazakhstan sues oil group for $5.1bn over environmental damage
Kazakhstan has filed a lawsuit against a consortium of oil companies for about $5.1bn (£3.7bn) in environmental fines over the Kashagan oil field, one of...
London-listed miner attacked by new Kyrgyz government
Following the mass riots in Kyrgyzstan's capital, Bishkek, in early October 2020 that led to yet another violent change of government, the newly installed authorities...