Kazakhstan plans to increase oil production by 12 million tons per year
Kazakhstan's Ministry of Energy said that it plans to increase oil production at the Tengiz field...
Uzbekistan’s economy to grow 5.5% in 2023, World Bank says
The World Bank expects Uzbekistan's economy to grow 5.5% in 2023 and could gradually accelerate over...
UAE’s economy to grow by 3.4% in 2023, World Bank says
The World Bank expects the UAE's economy to grow by 3.4 percent this year, rising to...
Central Asian banks aim to create an affordable money transfer system
The central banks of Tajikistan, Uzbekistan, Azerbaijan, and Kyrgyzstan intend to create a new accessible money...
Saudi Arabia aims to strengthen economic, trade, and investment cooperation with Tajikistan
Saudi Arabia has expressed its readiness to strengthen economic, trade, and investment relations with Tajikistan. The...
Kazakhstan’s National Bank lowers base rate to 16%
Kazakhstan's National Bank reduced the base rate from 16.5% to 16%, according to the Monetary Policy...
US banks raise their forecasts for China’s economic growth in 2023
Banks including Citigroup and JPMorgan Chase have raised their forecasts for the growth rate of China's...
South Korea’s foreign exchange reserves fell for the second month in September
Data from the Central Bank of South Korea showed on Friday that the country's foreign exchange...
The Japanese yen leads the losses of major currencies
The opening of the US session of the global currency market on Friday saw losses for...
Sri Lanka resumes rate cuts to boost growth
Sri Lanka's central bank continued interest rate cuts on Thursday to encourage growth as the government...