Islamic securities in Kyrgyzstan: an overview
Islamic securities, also known as sukuk, are unique financial instruments that provide holders with income derived from a specific business or asset. These securities differ...
Uzbekistan’s referendum: a step towards a ‘social state’ or a power grab by Mirziyoyev?
Uzbekistan is preparing to hold a referendum on a new constitution that could extend the rule of President Shavkat Mirziyoyev until 2040. The vote, scheduled...
Five lessons from Blinken’s Central Asia visit
US Secretary of State Antony Blinken has concluded his first visit to Central Asia, where he met with leaders of Kazakhstan, Uzbekistan, and other former...
Russian retail investors flock to stock market for easy gains, creating a bubble
Maybe it is just COVID. Sitting at home during lockdown stimulates the search for excitements that one can enjoy without having to go outside. Trading...
Foreign investors harassed and fleeced in Kyrgyzstan under new regime
Following the collapse of the Soviet Union, Kyrgyzstan, which quickly embraced progressive economic and political changes, was initially seen as a beacon of democracy and...
Kazakhstan’s International Financial Centre: A Hub Too Far
Creating an international finance centre out of nothing is not an easy task. Kazakhstan made a daring bid in 2018 to launch a financial hub...